1631 Warm Springs Rd Columbus, GA 31904
This Columbus, GA, grocery store presents a compelling investment opportunity. Located at 1631 Warm Springs Road, this single-story, 2,744 square foot building sits on a 0.22-acre lot and is zoned NC. Built in 1949 and fully renovated in 2023, the property boasts 100% occupancy with a credit-rated tenant under a NNN lease commencing November 1, 2023, and expiring August 31, 2027. The current Net Operating Income (NOI) is $23,000, yielding a 7.69% cap rate. The asking price is $299,000. This prime retail location offers high visibility and consistent traffic, making it an ideal investment for those seeking a stable, income-producing asset in a thriving market. The property's spacious interior is well-suited for retail operations, featuring ample space for shelving, displays, and checkout counters. This is a single-unit, Class C institutional investment.
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Unbank Bitcoin ATM Atm
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A & M Food Mart Grocery & Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.