Technical
Financial
Distress signals
Property profile

5005 14Th Ave Columbus, GA 31904

FOR SALE
Commercial real estate
Property ID
US22-1923558
4,981 SF 0.74 ac lot Built 1978
Entity Owned 8-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Auto Parts Store
  • Auto Parts Store

Location

5005 14Th Ave Columbus, GA 31904
Columbus metro Census 300 COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$875k
Comparable Approach Comparable
$910k
Blend (final) Blend
$275k

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2018
$502,088
2014
Price N/A
2014
Price N/A
2011
$650,000
2011
$650,000
2011
$1.1M

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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