2517 Cusseta RdColumbus, GA 31903

  • Commercial real estate
  • 0.74 AC
For Sale
$50,000 View listing

Property Details for 2517 Cusseta Rd

Lot size
0.74 AC
Property type
Commercial real estate
APN
041 022 012
APU
41022012

Description

This exceptional 0.74-acre commercial lot, located at 2517 Cusseta Road in Columbus, Georgia (zip code 31903), presents a remarkable investment opportunity. The property, identified by APN 041 022 012, is zoned General Commercial (GC), offering a wide range of potential uses. Its level terrain makes it ideal for development. Situated conveniently near the intersection of Andrews Road, Cusseta Road, and North Lumpkin Road, this lot benefits from high visibility and accessibility. Traffic counts in 2021 registered 10,800 AADT at this key intersection. The property's proximity to established businesses like Family Dollar and Dollar General further enhances its appeal. Its location also offers easy access to Fort Benning, numerous restaurants, and shopping centers. The lot's strategic position near North Lumpkin Road and Victory Drive ensures excellent exposure to a substantial customer base. Utilities are readily available, simplifying the development process. This property is perfect for a variety of commercial ventures, including convenience stores, dry cleaners, laundromats, or restaurants. The asking price for this highly desirable commercial lot is $50,000. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Columbus location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,646,630
    6.5%
    $4,289,200
    7%
    $3,982,830
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,287,560
    Geo Method
    $6,287,560
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $9,017,960
    Retail / Commercial
    $4,512,090
    Mixed-Use / Specialty
    $4,407,540
    Hospitality / Lodging
    $3,118,480
    Office
    $4,289,200
    Institutional / Educational
    $4,550,440
    Residential Income
    $5,324,020
    Multifamily
    $6,875,810
    Automotive / Energy
    $3,900,380
    Parking / Income-Based Land
    $1,433,380
    Restaurant / Food Service
    $2,103,580
    Healthcare / Senior Housing
    $4,610,570

Location Insight

City
Columbus
County
Muscogee
State
Georgia
Latitude
32.4462
Longitude
-84.9558
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
$722
$12,376
$5,956
$18,332
-
$30,940
$14,890
$45,830

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