Columbus Cold Storage Truck
1111 Cable Ave, Columbus, OH 43222
9,150 SF cold storage truck terminal with 15 docks.
Type:Industrial
Property size:
9,150 SFLot size:
0.95 AcresPrice / SF:
$180/SF- Added:
- Jan 27, 2026
- Days on Market:
- 114
- Last Refresh:
- Apr 5 at 11:38 pm
Property Features for 1111 Cable Ave
General Information
- Standard status
- Active
- Size
- 9,150 SF
- Lot size
- 0.95 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1952
Listing agent Ryan McGreevy License #2007000920 (614) 629-5282
Listing office NAI Ohio Equities (614) 629-5282
Listing date Jan 27, 2026
Source Ohioequities
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NAI Ohio Equities
HighLights
- Leased Investment: 100% occupancy with a lease at $10,000 per month NNN until December 31, 2026.
- Cold Storage Truck Terminal: 9,150 SF building ideally suited for cold storage and refrigerated warehouse use.
- Prime Location: Corner lot in Franklinton with nearby access to major highways.
- Abundant Dock Space: Features 15 docks for efficient loading and unloading.
- Industrial Zoning: Zoned Manufacturing (M) on 0.95 acres.
- Equipped with three‑phase power to support industrial operations.
Overview
This 9,150 SF industrial building in Columbus is suited for cold storage and refrigerated warehouse use. It features a cold storage truck terminal, approximately 800 SF of office space, and 15 docks. The property is situated on 0.95 acres of M-zoned land and has three-phase power. The property is currently 100% occupied and leased at $10,000 per month NNN, with the lease expiring on December 31, 2026. Clear height ranges from 9 to 15 feet. Located at the corner of Cable & N Glenwood Avenues, just north of W. Broad Street in the heart of Franklinton, the property offers access to major highways and is located in an Opportunity Zone.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.17M
NOI $105,713 @ 9.00% cap · cautious / downside scenario
Moderate
$1.51M
NOI $105,713 @ 7.00% cap · market / base-case scenario
Aggressive
$2.11M
NOI $105,713 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $181.2k | $19.80 |
| − Vacancy | −$40.2k | −$4.40 |
| EGI | $141.0k | $15.40 |
| − OpEx | −$35.2k | −$3.85 |
| NOI | $105.7k | $11.55 |
9,150 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.51M
$1.32M – $1.76M
NOI $105,713 @ 7.0% cap · market cap 6.41%
Second Best
Warehouse
$627.6K
$549.2K – $732.2K
NOI $43,933 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$1.91M
$1.67M – $2.22M
NOI $133,483 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
What Chefs Want
Big Box & Wholesale Store
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Delaware
- State
- Ohio
- Longitude
- -83.0323
- Latitude
- 39.9606
Nearby Similar for Sale
FAQs
What type of property is this?
Truck terminal - 9,150 SF cold storage truck terminal with 15 docks.
Where is this truck terminal located?
The property is located at 1111 Cable Ave Columbus, OH.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Leased Investment: 100% occupancy with a lease at $10,000 per month NNN until December 31, 2026.; Cold Storage Truck Terminal: 9,150 SF building ideally suited for cold storage and refrigerated warehouse use.; Prime Location: Corner lot in Franklinton with nearby access to major highways.
