Back to Search
Property profile & analytics
OFF-MARKET
Industrial properties
5118 Miller Rd Columbus, GA 31909-5563
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-2424420
Property summary
AI-generated overview
This exceptional 8.74-acre commercial land parcel, identified by APN numbers 099 018 003 & 099 018 004, is strategically located at 5118 & 5140 Miller Rd, Columbus, Georgia, 31909. Zoned LMI, this mostly level lot boasts 369 feet of road frontage on Miller Road, offering excellent visibility and accessibility. The property gently slopes towards the rear. Its prime location provides easy access to Manchester Expressway and Interstate 185, making it highly attractive for businesses requiring convenient access to major transportation arteries. The asking price for this significant land holding is $603,060. Given its size, zoning, and location, this property presents a unique opportunity for the development of a large-scale commercial project, such as a truck terminal or warehouse facility. The property's substantial size and strategic location make it an exceptional investment opportunity in the thriving Columbus, Georgia market. Serious inquiries are encouraged.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1919
Total area
5,944 SF
Lot
3.74 ac (162,914 SF)
APN
099 018 004
UPID
US22-2424420
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tillery Brothers LLC · 1 yrs held
Tillery Brothers LLC
since 2025
Last sale
$353,200
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,049
Tax year 2023
Assessed value
$102,792
Assessed 2023
Previous assessed
$101,132
+1.6% YoY
Effective rate
3.94%
On assessed value
Assessed land
$95,792
Assessed improvement
$7,000
Land market value
$239,480
Improvement market value
$17,500
Total market value
$256,980
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1919
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
0
Total area
5,944 SF
Lot
3.74 ac (162,914 SF)
APN
099 018 004
UPID
US22-2424420
Jurisdiction
MUSCOGEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1919
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
0
Lot
3.74 ac
Current owner
From public records · entity-resolved
Tillery Brothers LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 1150, FORTSON, GA 31808-1150
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2025
$353,200
Tillery Brothers LLC
Fp Lllp Waddell
Warranty Deed
—
Mar 8, 2022
—
Lawrence H Calhoun
Lawrence H Calhoun
Limited Warranty Deed
—
Aug 25, 2021
—
Virginia C Snavely
Fp Lllp Waddell
Limited Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5118 Miller Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
