408 12th St Columbus, GA 31901
- Commercial real estate
- 13,172 SF
- 1.13 lot acres
Current Use by Public Records
- Morgan & Morgan / Law Firm
- Strayer University / High School
- PurpleJACK SEO / Marketing & Advertising
- CWC Office Furniture / Furniture & Home Goods
Property Details for 408 12th St
- Year built
- 1947
- Construction
- STEEL FRAME
- Lot size
- 1.13 lot acres
- Property size
- 13,172 SF
- Property type
- Commercial real estate
- APN
- 018 014 010
- APU
- 18014010
Description
This exceptional Class B creative office building in Uptown Columbus, Georgia, presents a compelling investment opportunity. Located at 408 12th Street, this multi-tenant property boasts 39,960 square feet and commands a price of $4,300,000 ($107.61/sq ft). Currently housing three tenants, including Morgan & Morgan Law, Strayer University, and CWC Solutions, the building offers significant upside potential. The property features 78 parking spaces and benefits from a prime corner location at the intersection of 12th Street and Veteran's Parkway, ensuring high visibility and traffic. Its strategic location provides easy access to numerous amenities, including restaurants, shops, the federal courthouse, post office, and government center. Further enhancing its appeal, the building includes approximately 5,000 square feet of unfinished space and a substantial 13,000 square foot basement, offering expansion or redevelopment possibilities. The property's convenient location is also a key advantage, situated just 10 minutes from Fort Moore Army Base, 1.5 hours from Hartsfield-Jackson Atlanta International Airport, 1.5 hours from Montgomery, AL, and 30 minutes from Auburn, AL. This is a NNN lease property.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,225,000
- AI Estimate
- $982,000
Market price range: $807k - $2.64MMarket price range: $654k - $1.92M
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Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Muscogee
- State
- Georgia
- Longitude
- -84.987
- Latitude
- 32.4681
- CBSA code
- 17980
- CBSA name
- COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA