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    5005 14Th Ave Columbus, GA 31904

    For Sale
    $1,800,000

    Prime location, 5 buildings, high visibility.

    Property size:
    20,339 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Columbus, Georgia investment opportunity encompasses 20,339 square feet across five buildings situated on a 1.83-acre lot. The property, built in 1978 and zoned GC, features a mix of flex and warehouse space, currently housing five tenants under gross leases. The main building, at 7,663 square feet, includes warehouse space, a retail storefront, multiple roll-up doors, and an upstairs apartment with a kitchen and bathroom. A 4,800-square-foot body shop building offers an office area and six roll-up doors. A 1,750-square-foot corner building currently operates as a restaurant and grocery store. An additional 4,020-square-foot building combines office and warehouse space with multiple roll-up doors. Finally, two smaller storage buildings, totaling 2,506 square feet, provide further flexibility. The property boasts high visibility from Veterans Parkway, a large fenced gravel lot connecting most buildings with multiple gate access points, making it ideal for owner-users or investors. The asking price is $1,800,000 ($88.50/sq ft, $360,000/unit). This Class B property presents a unique opportunity to acquire a multi-tenant industrial complex in a desirable location. The property's diverse building configurations cater to a wide range of commercial needs, offering significant potential for future growth and income generation. Additional photos are available upon request.

    Property Features for 5005 14Th Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    20,339 SF
    Class
    B
    Lot Size
    79,715 SF

    Building Details

    Year Built
    1978
    Buildings
    5
    Stories
    2
    Units
    5

    HighLights

    • Multi‑tenant industrial complex totaling 20,339 square feet on a 1.83‑acre lot in Columbus, GA.
    • Five buildings, including a main building with warehouse, retail, and apartment space; a body shop; a restaurant/grocery store; an office/warehouse building; and two smaller storage buildings.
    • High visibility from Veterans Parkway, large fenced gravel lot with multiple gate access points.
    • Five tenants under gross leases.
    • Asking price: $1,800,000 ($88.50/sq ft, $360,000/unit).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    abad71camaro Racing Car Parts Store ASA Performance Auto Parts Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Muscogee
    State
    Georgia
    Longitude
    -84.970350695623
    Latitude
    32.513094055519

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    FAQs

    What type of property is this?
    Distribution property - Prime location, 5 buildings, high visibility.
    Where is this distribution property located?
    The property is located at 5005 14Th Ave Columbus, GA.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Multi-tenant industrial complex totaling 20,339 square feet on a 1.83-acre lot in Columbus, GA.; Five buildings, including a main building with warehouse, retail, and apartment space; a body shop; a restaurant/grocery store; an office/warehouse building; and two smaller storage buildings.; High visibility from Veterans Parkway, large fenced gravel lot with multiple gate access points.
    Request Owner's contact information
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    Columbus, GA 31904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5005 14Th Ave Columbus, GA 31904
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