Property profile

3715 1st Ave Columbus, GA 31904

OFF-MARKET
Specialty properties
Property ID
US22-2479648
4,964 SF 4.1 ac lot Built 1900
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, River Mill Warehouses, offers 400,735 square feet of warehouse space situated on a 16.1-acre lot in Columbus, Georgia. The single-story, 1965-built building features 20-foot ceiling heights, enhancing storage and operational efficiency. Currently, 24,695 square feet is available for lease, with spaces ranging from 21,400 to 52,180 square feet. The property boasts modern amenities including LED lighting, a fire sprinkler system, and offices with restrooms. The roof is a new TPO installation. Loading is facilitated by two dock-high doors equipped with levelers, motorized doors, and weather covers. Ample parking is provided with 65 spaces. The property is zoned MROD (Mill Restoration Overlay District), allowing for a variety of uses including warehouse, retail, and related businesses. The owner offers flexible lease terms and is willing to customize build-outs to meet tenant specifications. Strategically located one block west of 2nd Avenue, the property provides easy access to major transportation arteries including J.R. Allen Parkway/US 80, Manchester Expressway/GA 85, and I-185. Its proximity to downtown Columbus and Phenix City adds to its appeal. The property's address is 3715 1st Ave, Columbus, GA 31904, with APN 008-008-009.

Property profile

Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1900
Total area 4,964 SF
Lot 4.1 ac (178,596 SF)
APN 008 008 001
UPID US22-2479648

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
  • Hotel & Motel Resort
  • Storage Facility
  • Building Supply Electrical Service
  • Resort
  • Freight Service Logistics Company

Location

3715 1st Ave Columbus, GA 31904-6945
Columbus metro Census 11400 COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2024
Price N/A
2014
$2.5M
2013
$609,362
2012
$215,200
2012
$215,169

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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