1040 Veterans PkwyColumbus, GA 31901
- Commercial real estate
- 2,057 SF
Property Details for 1040 Veterans Pkwy
- Year built
- 1952
- Construction
- WOOD
- Lot size
- 0.51 AC
- Property size (Sq ft)
- 2,057 SF
- Property type
- Commercial real estate
- APN
- 018 022 011
- APU
- 18022011
Description
This exceptional investment opportunity presents a vacant, bank-owned auto shop ideally situated at 1040 Veterans Parkway in Columbus, Georgia. The property boasts a prime location on a major north-south thoroughfare, ensuring high visibility and substantial traffic volume. Comprising two buildings totaling 31,000 to 31,500 square feet on a 31,000 square foot lot, this single-story property offers ample space for a variety of automotive-related businesses. Built in 1961, the property's zoning is C1, allowing for diverse commercial uses. The asking price is $949,900, translating to a land value of $46 per square foot. Previously utilized as a sales, detailing, service, and repair facility specializing in import vehicles, one unit also housed a retail clothing store. The property is currently vacant and presents a unique chance for an owner-user to establish or expand their business. This is a rare opportunity to acquire a substantial commercial property in a high-traffic area of Columbus, Georgia. The property's history as a successful automotive business speaks to its potential for future success. The sale is a bank-owned foreclosure.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $299,475
- Hospitality
- $274,317
- Educational
- $228,229
- Medical
- $236,078
- Retail
- $355,023
Location Insight
- City
- Columbus
- County
- Muscogee
- State
- Georgia
- Latitude
- 32.4663
- Longitude
- -84.9871
- CBSA code
- 17980
- CBSA name
- COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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