4518 Gilbert Ave Columbus, GA 31904
For Lease
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This 858-square-foot traditional office building in Columbus, GA, presents a compelling value-add opportunity. Located at 4518 Gilbert Avenue, this property sits on a 0.48-acre lot (approximately 140x150 feet) and includes three parcels (4510, 4514, and 4518 Gilbert Ave). Built in 1933, the building is classified as Class C and is currently vacant, with an occupancy date of June 1, 2023. The property features a fenced yard, offering flexibility for various commercial uses. Its convenient location off Manchester Expressway and Veterans Parkway provides excellent access to major thoroughfares. The permitted zoning is General Commercial. The asking price is $195,000. This owner-user investment opportunity is ideal for those seeking a property with significant upside potential. The property consists of one unit and one building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.