Sign Up Successful!
You now have access to more from Realmo!
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

    5750 Miller Ct Columbus, GA 31909-4179

    • Industrial properties
    • 6,075 SF
    • 1.01 lot acres
    OFF-MARKET
    Last Sale
    Mar 07, 2024
    $480,000
    Value Estimations
    $440,000
    Show details
    Cap Rate Potential
    5.6%
    Industrial properties
    Location Intelligence
    Property ID
    US22-2246171
    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

    • Fat Boys Welding And Exhaust / Auto Repair Shop

    Property Details for 5750 Miller Ct

    Year built
    1995
    Construction
    STEEL FRAME
    Lot size
    1.01 lot acres
    Property size
    6,075 SF
    Property type
    Industrial properties
    APN
    099 002 032
    APU
    99002032

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $480,000
      ML approach
      $480,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $450,000
      6.5%
      $415,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $359,000
      Market price range: $182k - $480k

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Muscogee
    State
    Georgia
    Longitude
    -84.9049
    Latitude
    32.525
    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
    $6,381
    $52,796
    $109,193
    $161,989
    -
    $131,990
    $272,983
    $404,973

    Comparable in this City

    • Value Estimation
      $395,000
      2,971 SF

      5131 Miller Rd

      INDUSTRIAL (GENERAL) • 2,971 SF
      5131 Miller Rd, Columbus, GA 31909-5562
      View Details
    • Value Estimation
      $270,000
      5,944 SF

      5118 Miller Rd

      INDUSTRIAL (GENERAL) • 5,944 SF
      5118 Miller Rd, Columbus, GA 31909-5563
      View Details
    • Value Estimation by Request
      31,597 SF

      4454 Warm Springs Rd

      Distribution properties • 31,597 SF
      4454 Warm Springs Rd, Columbus, GA 31909
      View Details
    • Value Estimation
      $260,000
      9,212 SF

      5730 Miller Ct

      INDUSTRIAL (GENERAL) • 9,212 SF
      5730 Miller Ct, Columbus, GA 31909-4179
      View Details
    • Value Estimation
      $285,000
      2,408 SF

      3155 Williams Rd, Unit 5

      INDUSTRIAL (GENERAL) • 2,408 SF
      3155 Williams Rd, Columbus, GA 31909-5613
      View Details
    • Value Estimation
      $285,000
      9,506 SF

      5776 Miller Ct

      INDUSTRIAL (GENERAL) • 9,506 SF
      5776 Miller Ct, Columbus, GA 31909-4179
      View Details

    Similar Nearby for Sale

    • $400,000
      2.75 Acres

      Columbus Commercial Land - $400K

      2.75-acre commercial/industrial lot in prime Columbus location.
      6059 Coca Cola Blvd, Columbus, GA 31909
      View Details
    • Contact for pricing
      22.28 Acres

      Prime Columbus Retail Land

      22-acre commercial land, high traffic area.
      3615 Manchester Expy, Columbus, GA 31909
      View Details
    • Contact for pricing
      1.00 Acre

      Old Town Commercial Land Parcels

      Prime Columbus, GA commercial lots.
      3701 Massee Ln, Columbus, GA 31909
      View Details
    • $1,462,744
      3.36 Acres

      Columbus Commercial Land Opportunity

      3.358 Acres, General Commercial Zoning
      2701 Williams Rd, Columbus, GA 31909
      View Details
    • $1,056,502
      0.97 Acres

      Midland Commons: Prime QSR Site

      Columbus, GA: Thriving Retail Outparcel
      6919 Ray Wright Rd, Columbus, GA 31909
      View Details
    • $875,000
      4,032 SF

      Versatile Office Building in Columbus

      One-story office building with rental income potential in Columbus, GA.
      7559 Kayne Blvd, Columbus, GA 31909
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo
      3,500 SF

      Freestanding Building on Veterans Parkway

      3,500 SF retail/office building with showroom and warehouse space.
      7513 Veterans Pkwy, Columbus, GA 31909
      View Details
    • $12 SF/Yr
      5,800 SF

      North Columbus Flex Space Available

      5,800 SF Flex Space - North Columbus
      7560 Kayne Blvd, Columbus, GA 31909
      View Details
    • $12 SF/Yr
      1,600 SF

      Main Street Place Retail Space

      Prime Columbus Park Crossing Retail
      2528 Weems Rd, Columbus, GA 31909
      View Details
    • Contact for pricing
      108,900 SF

      Columbus Park Crossing Outparcels

      Prime Retail Land, Q4 2023 Delivery
      5550 Whittlesey Blvd, Columbus, GA 31909
      View Details
    • $25 SF/Yr
      10,808 SF

      Columbus Retail Center Investment

      Prime retail spaces, build-to-suit option.
      7465 Blackmon Rd, Columbus, GA 31909
      View Details
    • Contact for pricing
      39,558 SF

      Billings Crossing Plaza Retail Center

      Columbus, GA Retail Space Available
      6361 Talokas Ln, Columbus, GA 31909
      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.
    5750 Miller Ct
    Columbus, GA 31909-4179
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.