Property profile

1120 21St St Columbus, GA 31901

FOR SALE
Commercial real estate
Property ID
US22-2092067
4,226 SF 0.16 ac lot Built 1943
Entity Owned 4-yr Hold Free & Clear
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1120 21St St, Columbus, GA 31901 For Sale
$475,000 4,226 SF
1120 21St St, Columbus, GA 31901
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Property summary

AI-generated overview

This 4,226-square-foot flex space at 1120 21st Street in Columbus, Georgia, offers a unique blend of functionality and adaptability. Situated on a 0.16-acre lot, this single-tenant property, built in 1943, is zoned GC and boasts a Muscogee County APN of 028 024 009. The building features a spacious, open area at the rear, perfect for various uses, complemented by a convenient kitchenette and alley access. The front of the building provides a professional reception area, a private office with its own bathroom, and two additional half-baths. This well-located property offers ample parking and high visibility, making it an attractive option for a wide range of businesses. The current owner is open to installing a drive-in, roll-up door for a suitable tenant, further enhancing the property's versatility. Ideal for uses such as a church, small event center, or small production facility, this space is available for $1,500 per month under a modified gross lease. The property's adaptable layout and prime location make it a compelling opportunity for businesses seeking a functional and visible space in Columbus, Georgia. This is a rare opportunity to secure a well-maintained industrial flex space in a desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1943
Construction STEEL FRAME
Total area 4,226 SF
Lot 0.16 ac (6,970 SF)
APN 028 024 009
UPID US22-2092067

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Moving Company
  • Furniture & Home Goods
  • Construction Company General Contractor

Location

1120 21St St Columbus, GA 31901
Columbus metro Census 1800 COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2021
$250,000
2011
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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