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Property profile & analytics

1040 Veterans Pkwy Columbus, GA 31901

  • Commercial real estate
  • 2,057 SF
  • 0.51 lot acres
For Sale
Last Sale
Jan 26, 2024
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US22-2538636
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.

Current Use by Public Records

  • Bosch Service / Auto Repair Shop
  • Sports & Imports / Auto Repair Shop

Property Details for 1040 Veterans Pkwy

Year built
1952
Construction
WOOD
Lot size
0.51 lot acres
Property size
2,057 SF
Property type
Commercial real estate
APN
018 022 011
APU
18022011

Description

This exceptional investment opportunity presents a vacant, bank-owned auto shop ideally situated at 1040 Veterans Parkway in Columbus, Georgia. The property boasts a prime location on a major north-south thoroughfare, ensuring high visibility and substantial traffic volume. Comprising two buildings totaling 31,000 to 31,500 square feet on a 31,000 square foot lot, this single-story property offers ample space for a variety of automotive-related businesses. Built in 1961, the property's zoning is C1, allowing for diverse commercial uses. The asking price is $949,900, translating to a land value of $46 per square foot. Previously utilized as a sales, detailing, service, and repair facility specializing in import vehicles, one unit also housed a retail clothing store. The property is currently vacant and presents a unique chance for an owner-user to establish or expand their business. This is a rare opportunity to acquire a substantial commercial property in a high-traffic area of Columbus, Georgia. The property's history as a successful automotive business speaks to its potential for future success. The sale is a bank-owned foreclosure.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Columbus
County
Muscogee
State
Georgia
Longitude
-84.9871
Latitude
32.4663
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
$7,120
$74,980
$82,715
$157,695
-
$187,450
$206,788
$394,238
More about this property
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