Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1 Corporate Rdg Pkwy Columbus, GA 31907-3049

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1 Corporate Rdg Pkwy Columbus, GA 31907-3049

    View on Map
    • Industrial properties
    Off-Market
    Last Sale Mar 31, 2020
    $7,125,000
    Property ID
    US22-3974261
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $7,125,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pro Concrete Contractors Columbus / Construction Company / General Contractor

    Property Details for 1 Corporate Rdg Pkwy

    Property type
    Industrial properties
    APN
    112 004 004 L
    APU
    112004004L

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $7,150,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Muscogee
    State
    Georgia
    Longitude
    -84.8723
    Latitude
    32.5012
    CBSA code
    17980
    CBSA name
    COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $58,771
    $0.00
    $2,984,000
    $2,984,000
    -
    $0.00
    $7,460,000
    $7,460,000

    Comparable in this City

    • Value Estimation by Request

      4825 Cargo Dr

      INDUSTRIAL (GENERAL)
      4825 Cargo Dr, Columbus, GA 31907-1905
      View Details
    • Value Estimation by Request
      1,635 SF

      1352 Belinda Dr

      INDUSTRIAL (GENERAL) • 1,635 SF
      1352 Belinda Dr, Columbus, GA 31907
      View Details
    • Value Estimation
      $1,555,000
      36,000 SF

      5220 Cargo Dr

      INDUSTRIAL (GENERAL) • 36,000 SF
      5220 Cargo Dr, Columbus, GA 31907-1906
      View Details
    • Value Estimation
      $3,325,000
      91,964 SF

      4000 1st Dr

      INDUSTRIAL (GENERAL) • 91,964 SF
      4000 1st Dr, Columbus, GA 31907-3044
      View Details
    • Value Estimation by Request
      3.00 Acres

      Macon Rd

      INDUSTRIAL (GENERAL) • 3.00 Acres
      Macon Rd, Columbus, GA 31907
      View Details
    • Value Estimation
      $3,250,000
      74,352 SF

      4949 Schatulga Rd

      INDUSTRIAL (GENERAL) • 74,352 SF
      4949 Schatulga Rd, Columbus, GA 31907-1945
      View Details

    Similar Nearby for Sale

    • $165,000
      5,186 SF

      Columbus Commercial Property with Renovation Potential

      Three buildings on 1.8 acres with renovation potential.
      2677 Reese Rd, Columbus, GA 31907
      View Details
    • $275,000
      1.90 Acres

      Columbus Commercial Property Near Fort Benning

      1.9 acres near Fort Benning with redevelopment potential.
      342 Farr Rd, Columbus, GA 31907
      View Details
    • Contact for pricing

      Leased Industrial Investment Opportunity

      Income-producing industrial property with two warehouse buildings on 0.84 acres.
      326 Ford Dr, Columbus, GA 31907
      View Details
    • $279,900
      5,400 SF

      Versatile Commercial Space on Buena Vista

      5,400 SF commercial property with office, bay doors, parking.
      5251 Buena Vista Rd, Columbus, GA 31907
      View Details
    • $195,000

      Income-Producing Industrial Investment Opportunity

      Fully leased industrial property with two warehouse buildings on 0.84-acre lot.
      326 Ford Dr, Columbus, GA 31907
      View Details
    • $125,000
      1,589 SF

      Midtown Columbus Commercial Gem

      High-traffic location, ample space.
      3203 University Ave, Columbus, GA 31907
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      13,980 SF

      Columbus Warehouse Space for Lease

      6,500 SF warehouse space ideal for industrial, service, or storage.
      4617 Milgen Rd, Columbus, GA 31907
      View Details
    • $11 SF/Yr

      Freestanding Flex Warehouse Space

      Flex warehouse space with retail area and warehouse.
      4501 Reese Rd, Columbus, GA 31907
      View Details
    • Contact for pricing

      Renovated Executive Office Suites Available

      Newly renovated office suites in midtown Columbus near CSU.
      2920 Edgewood Cir, Columbus, GA 31907
      View Details
    • Contact for pricing

      Versatile Office Park on Macon Road

      Multi-building office park suitable for office, retail, or medical use.
      3575 Macon Rd, Columbus, GA 31907
      View Details
    • Contact for pricing

      Renovated Medical Office Building

      Turnkey medical office building in Columbus, GA for lease.
      6480 Milgen Rd, Columbus, GA 31907
      View Details
    • Contact for pricing

      Office Complex Near CSU

      Office complex for rent near Columbus State University.
      3025 University Ave, Columbus, GA 31907
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Corporate Rdg Pkwy
    Columbus, GA 31907-3049
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1 Corporate Rdg Pkwy, Columbus, GA, 31907
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!