2921 Airport Thruway Columbus, GA 31909
- Commercial real estate
- 3,056 SF
- 1.33 lot acres
Current Use by Public Records
- Golden Opioid Rehab Columbus, GA / Addiction Treatment Center / Health Counselor
- 76 / Gas Station
- Tobacco Palace / Convenience Store / Cigar Shop
Property Details for 2921 Airport Thruway
- Year built
- 1990
- Construction
- WOOD
- Lot size
- 1.33 lot acres
- Property size
- 3,056 SF
- Property type
- Commercial real estate
- APN
- 070 002 017
- APU
- 70002017
Description
This exceptional 4,200 square foot convenience store and gas station, located at 2921 Airport Thruway in Columbus, Georgia (Muscogee County, zip code 31909), presents a compelling investment opportunity. The property sits on a 1.33-acre lot and boasts a current cap rate of 7.85%, with a pro-forma cap rate projected at 9.10%. Completely renovated in 2023, this single-story building offers a turnkey operation with significant upside potential. The asking price is $1,995,000. This prime retail location in Columbus, GA provides excellent visibility and accessibility, making it an ideal investment for experienced operators seeking a strong return. The property's strong performance and recent renovation ensure a smooth transition for new ownership. Financial details and further information are available upon request. This is a rare opportunity to acquire a well-established, high-performing convenience store and gas station in a thriving market. Don't miss out on this chance to secure a profitable addition to your investment portfolio. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $615,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $680,000
- 6.5%
- $665,000
- 7%
- $715,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $655,000
- Geo Method
- $655,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $555,000
- Retail
- $595,000
- Mixed-Use
- $565,000
- Hospitality
- $710,000
- Educational
- $630,000
- Residential Income
- $730,000
- Energy
- $600,000
- Income-Based Land
- $680,000
- Food Service
- $715,000
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Muscogee
- State
- Georgia
- Longitude
- -84.9461
- Latitude
- 32.5218
- CBSA code
- 17980
- CBSA name
- COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA
