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    Property profile & analytics
    FOR SALE
    Commercial real estate

    5005 14Th Ave, Columbus, GA 31904

    4,981 SF 0.74 ac lot Built 1978
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US22-1923558
    Property summary
    AI-generated overview

    This exceptional Columbus, Georgia investment opportunity encompasses 20,339 square feet across five buildings situated on a 1.83-acre lot. The property, built in 1978 and zoned GC, features a mix of flex and warehouse space, currently housing five tenants under gross leases. The main building, at 7,663 square feet, includes warehouse space, a retail storefront, multiple roll-up doors, and an upstairs apartment with a kitchen and bathroom. A 4,800-square-foot body shop building offers an office area and six roll-up doors. A 1,750-square-foot corner building currently operates as a restaurant and grocery store. An additional 4,020-square-foot building combines office and warehouse space with multiple roll-up doors. Finally, two smaller storage buildings, totaling 2,506 square feet, provide further flexibility. The property boasts high visibility from Veterans Parkway, a large fenced gravel lot connecting most buildings with multiple gate access points, making it ideal for owner-users or investors. The asking price is $1,800,000 ($88.50/sq ft, $360,000/unit). This Class B property presents a unique opportunity to acquire a multi-tenant industrial complex in a desirable location. The property's diverse building configurations cater to a wide range of commercial needs, offering significant potential for future growth and income generation. Additional photos are available upon request.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1978
    Construction STEEL FRAME
    Total area 4,981 SF
    Lot 0.74 ac (32,365 SF)
    APN 032 001 003
    UPID US22-1923558
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • abad71camaro Auto Parts Store
    • ASA Performance Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $875k
    Comparable Approach Comparable
    $910k
    Blend (final) Blend
    $855k
    Owner & transaction history
    Arnold Prop Invs LLC · 8 yrs held
    Arnold Prop Invs LLC
    since 2018
    7 recorded transactions
    2018
    2018
    $502,088
    2014
    2014
    2011
    $650,000
    2011
    $650,000
    2011
    $1.1M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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