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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Commercial real estate
1520 13th Ave Columbus, GA 31901-1950
Individually Owned
~
Est. High Equity
Property ID
US22-2352855
Property summary
AI-generated overview
This 8,139 square foot flex space in Columbus, Georgia, presents a compelling owner-user investment opportunity. Located at 1520 13th Ave, this single-story, 1952-built building sits on a 0.42-acre lot and features one loading dock. Previously used as a printing shop, the property offers a versatile layout including a reception/lobby, multiple spacious work areas, and a warehouse. An additional outdoor shed provides ample storage. The property boasts ample parking for employees and customers. The GC zoning allows for a wide variety of retail uses. The asking price is $850,000, translating to $104.44 per square foot. The building is ready for occupancy on September 1, 2024. The property's APN is 027 021 003. This freestanding building offers a unique blend of office and warehouse space, ideal for a variety of businesses. Its central Columbus location and flexible zoning make it a highly attractive investment.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1952
Construction
STEEL FRAME
Total area
7,171 SF
Lot
0.42 ac (18,295 SF)
APN
027 021 003
UPID
US22-2352855
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
X-Press Printing Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$720k
Blend (final)
Blend
$710k
Owner & transaction history
Michael T Konze
Michael T Konze
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$710k
Range $639k – $781k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$99 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,806
Tax year 2023
Assessed value
$223,562
Assessed 2023
Previous assessed
$184,511
+21.2% YoY
Effective rate
3.94%
On assessed value
Assessed land
$26,344
Assessed improvement
$197,218
Land market value
$65,860
Improvement market value
$493,044
Total market value
$558,904
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1952
Construction
STEEL FRAME
Heating
YES
Cooling
WINDOW A/C
Buildings
3
Stories
1
Units
1
Bathrooms
1
Total area
7,171 SF
Lot
0.42 ac (18,295 SF)
APN
027 021 003
UPID
US22-2352855
Jurisdiction
MUSCOGEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1952
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Michael T Konze
Individual
Mailing address
1520 13TH AVE, COLUMBUS, GA 31901-1950
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Michael T Konze
—
Deed Of Trust
related
$401,858 · Columbus Bank & Trust Co
—
—
Michael T Konze
—
Deed Of Trust
related
$200,000 · Columbus Bank & Trust Co
—
—
Michael T Konze
—
Deed Of Trust
related
$320,000 · Synovus Bk
—
—
Michael T Konze
—
Deed Of Trust
related
$100,000 · Georgia Bkng
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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