211 13Th StColumbus, GA 31901

Property Details for 211 13Th St

Year built

1937

Construction

STEEL FRAME

Lot size

1.69 AC

Property size (Sq ft)

21,174 SF

Property type

Commercial real estate

APN

004 004 001

APU

4004001

Description

Highside Market, a Class A retail and restaurant property located at 211 13th St, Columbus, GA 31901, presents a unique investment opportunity. This vibrant, 37,864 square foot development, situated on 1.69 acres, boasts three buildings with a total of three suites. Recently renovated in 2023, the property features a blend of modern amenities and historic charm, originally constructed in 1937. The property is zoned UPT and has a Muscogee County APN of 004 004 001. Five spaces are currently available, ranging from 1,450 to 3,264 square feet, ideal for specialty retailers and restaurants. Amenities include elevators and ample power. The property's prime location at the gateway to UpTown Columbus, near the intersection of 13th Street and 3rd Avenue, offers exceptional visibility and accessibility. The property benefits from its proximity to Daisy's Park, enhancing its appeal and community connection. Annual property taxes are $2 per square foot. This exceptional property offers a rare chance to acquire a thriving retail center in a high-growth area. The two-story buildings provide a unique architectural character, making it an attractive destination for both businesses and customers. This is a truly exceptional opportunity to own a piece of Columbus's thriving retail scene.

• CAP approach

  CAP return

  Valuation

  6%

  $3,052,300

  6.5%

  $2,817,510

  7%

  $2,616,260

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,130,200

  Geo Method

  $4,130,200

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,923,760

  Retail / Commercial

  $2,963,920

  Mixed-Use / Specialty

  $2,895,240

  Hospitality / Lodging

  $2,048,480

  Office

  $2,817,510

  Institutional / Educational

  $2,989,110

  Residential Income

  $3,497,260

  Multifamily

  $4,516,610

  Automotive / Energy

  $2,562,100

  Parking / Income-Based Land

  $941,566

  Restaurant / Food Service

  $1,381,810

  Healthcare / Senior Housing

  $3,028,610

Location Insight

City

Columbus

County

Muscogee

State

Georgia

Latitude

32.471

Longitude

-84.9896

CBSA code

17980

CBSA name

COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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