Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3093 Cleveland Ave Columbus, OH 43224

    For Sale
    Contact for pricing

    Hard corner location near Ohio State University with in-place cash-flow.

    Property size:
    14,490 SF
    Lot size:
    1.34 Acres

    Property Features for 3093 Cleveland Ave

    General Information

    Size
    14,490 SF
    Lot size
    1.34 Acres

    Source: NAI Farbman - Corporate Agent Mario Giglio III

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Retail Property for Sale

    This retail property is located on the hard corner of Cleveland and Oakland Park Avenues, a submarket with limited vacancy. Situated approximately 3 miles from the Ohio State University, the location benefits from a dense surrounding residential area with approximately 154,024 households and a population of approximately 365,021 residents within a 5-mile radius. The property is currently occupied by Walgreens, with over $1 million in rents remaining on the lease term. This in-place cash flow allows potential buyers time to explore redevelopment options and secure necessary approvals as the Walgreens lease nears its end. Alternatively, a user seeking immediate redevelopment could negotiate a discounted lease termination with Walgreens to gain control of the 14,490 square foot building sooner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor Jodie L. Lones, ... Pharmacy Walgreens Pharmacy Pharmacy COVID-19 Drive-thru Testing ... Pharmacy LibertyX Bitcoin ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    INFINITY PHARMACY, Lifeline Pharmacy, CTFO Natural Healing

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -82.9642418
    Latitude
    40.0308288

    Nearby Similar for Sale

    • $3,395,000
      30,746 SF

      Renovated, Temperature-Controlled Commercial Building

      Fully renovated, temperature-controlled commercial building near Downtown Columbus.
      1025 E 5Th Ave, Columbus, OH 43201
      View Details
    • $279,900
      0.11 Acres

      Columbus Duplex Investment Opportunity

      Duplex near downtown, Crew Stadium, and Ohio State University.
      2433 N 4Th St, Columbus, OH 43202
      View Details
    • New
      $279,000
      0.15 Acres

      Historic Brick Duplex in Columbus

      Four-bedroom duplex in Old Oaks neighborhood, sold as-is.
      631-633 S Champion Ave, Columbus, OH 43205
      View Details
    • New
      $217,500
      0.15 Acres

      Columbus Duplex with Renovation Potential

      2,340 sq ft duplex in Mt. Vernon neighborhood.
      515-517 N Champion Ave, Columbus, OH 43203
      View Details
    • $750,000
      0.10 Acres

      Updated Duplex Near Children's Hospital

      Updated duplex with modern finishes, ideal for investors or owner-occupants.
      240-242 S 18Th St, Columbus, OH 43205
      View Details
    • $600,000
      0.11 Acres

      Olde Towne East Duplex

      Duplex in vibrant neighborhood with hardwood floors and modern amenities.
      395-397 Stoddart Ave, Columbus, OH 43205
      View Details

    FAQs

    What type of property is this?
    Drug store - Hard corner location near Ohio State University with in-place cash-flow.
    Where is this drug store located?
    The property is located at 3093 Cleveland Ave Columbus, OH.
    What are key features of this property?
    This property features: - Hard corner location on Cleveland and Oakland Park Avenues.; - Over $1 million in rents remaining in Walgreens lease term.; - Located 3 miles from Ohio State University.
    (248) 353-0500
    Request Owner's contact information
    3093 Cleveland Ave Columbus, OH 43224
    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.
    3093 Cleveland Ave
    Columbus, OH 43224
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    3093 Cleveland Ave Columbus, OH 43224
    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
    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.