Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4848 Riv Rd Columbus, GA 31904-5835

    • Industrial properties
    • 15,828 SF
    • 1.39 lot acres
    OFF-MARKET
    Last Sale
    Dec 10, 2020
    Value Estimations
    $1,000,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-2480055
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CVTH Supply / Furniture & Home Goods
    • Steamatic of Columbus / Air Duct Cleaning Service / Building Restoration Service

    Property Details for 4848 Riv Rd

    Year built
    1963
    Construction
    STEEL FRAME
    Lot size
    1.39 lot acres
    Property size
    15,828 SF
    Property type
    Industrial properties
    APN
    012 006 003
    APU
    12006003

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,175,000
      6.5%
      $1,085,000
      7%
      $1,005,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $973,000
      Market price range: $356k - $998k
      AI Estimate
      $946,000
      Market price range: $288k - $992k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Muscogee
    State
    Georgia
    Longitude
    -84.982
    Latitude
    32.5107
    CBSA code
    17980
    CBSA name
    COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,451
    $58,084
    $384,947
    $443,031
    -
    $145,210
    $962,368
    $1,107,578

    Comparable in this City

    • Value Estimation by Request
      200 SF

      1585 Northside Industrial Blvd

      INDUSTRIAL (GENERAL) • 200 SF
      1585 Northside Industrial Blvd, Columbus, GA 31904
      View Details
    • Value Estimation by Request
      67,925 SF

      715 9Th Ave

      Distribution properties • 67,925 SF
      715 9Th Ave, Columbus, GA 31904
      View Details
    • Value Estimation
      $1,745,000
      105,483 SF

      1558 Northside Industrial Blvd

      INDUSTRIAL (GENERAL) • 105,483 SF
      1558 Northside Industrial Blvd, Columbus, GA 31904-4442
      View Details
    • Value Estimation
      $785,000
      30,121 SF

      1123 52nd St

      INDUSTRIAL (GENERAL) • 30,121 SF
      1123 52nd St, Columbus, GA 31904
      View Details
    • Value Estimation by Request
      4,750 SF

      4430 3rd Ave

      INDUSTRIAL (GENERAL) • 4,750 SF
      4430 3rd Ave, Columbus, GA 31904-6421
      View Details
    • Value Estimation by Request
      60.66 Acres

      2700 Hubbard Rd

      INDUSTRIAL (GENERAL) • 60.66 Acres
      2700 Hubbard Rd, Columbus, GA 31904
      View Details

    Similar Nearby for Sale

    • $250,000

      Versatile Commercial Property in Columbus

      4,800 sq ft building on 0.75-acre lot for sale.
      1233 Midway Dr, Columbus, GA 31904
      View Details
    • $12,200,000
      407,420 SF

      River Mill Warehouses: Columbus, GA

      Prime Industrial Warehouse, High Income Potential
      3663 1St Ave, Columbus, GA 31904
      View Details
    • $1,800,000

      Versatile Property with Multiple Buildings

      Prime location with multiple buildings suitable for diverse business needs.
      5005 14Th Ave, Columbus, GA 31904
      View Details
    • $870,000

      Columbus Flex Space For Sale

      8,700 SF flex space ideal for industrial or automotive uses.
      1201 Manchester Expy, Columbus, GA 31904
      View Details
    • $1,800,000
      20,339 SF

      Columbus, GA Multi-Tenant Property

      Prime location, 5 buildings, high visibility.
      5005 14Th Ave, Columbus, GA 31904
      View Details
    • $775,000
      10,000 SF

      Columbus Flex Space For Sale

      10,000 SF flex space in West Central Columbus.
      4140 Hamilton Rd, Columbus, GA 31904
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      164,000 SF

      North Columbus Business Park: Multi-Use Space

      Versatile Industrial Space, Columbus, GA
      506 Manchester Expy, Columbus, GA 31904
      View Details
    • $5 SF/Yr

      Renovated Warehouse Near Major Highways

      Clean, renovated warehouse space available near downtown Columbus and Phenix City.
      3715 1St Ave, Columbus, GA 31904
      View Details
    • $5 SF/Yr

      Columbus Warehouse with Retail Potential

      Warehouse space with retail potential, convenient location, and flexible terms.
      3715 1St Ave, Columbus, GA 31904
      View Details
    • $5 SF/Yr
      400,735 SF

      River Mill Warehouse Space Available

      Columbus, GA industrial warehouse space for lease.
      3715 1St Ave, Columbus, GA 31904
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4848 Riv Rd
    Columbus, GA 31904-5835
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!