3203 University Ave Columbus, GA 31907-2109
This exceptional commercial property presents a rare opportunity for investors and business owners alike. Situated on the highly visible University Avenue in Columbus, Georgia's dynamic Midtown area, this property offers 1,589 square feet of versatile commercial space. The expansive 0.46-acre lot provides ample room for expansion, parking, or outdoor amenities, catering to a wide range of business needs. The property's prime location on University Avenue ensures high visibility and accessibility, benefiting from significant foot and vehicular traffic. This makes it ideal for a variety of commercial ventures, from retail establishments and offices to restaurants and service businesses. The property's size and location offer significant potential for growth and return on investment. The asking price of $125,000 represents a compelling value in the current market, making this an attractive proposition for discerning buyers seeking a strong foothold in a thriving commercial district. The property's existing infrastructure provides a solid foundation for immediate occupancy or future development, offering flexibility to suit individual business requirements. Don't miss this chance to acquire a valuable asset in a rapidly developing area. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.