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    5915-5937 Karl Rd Columbus, OH 43229

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    For Sale
    $1,200,000

    Two-story, 12-unit mixed-use building with excellent tenants.

    Property size:
    12,878 SF
    Lot size:
    0.51 Acres

    Property Features for 5915-5937 Karl Rd

    General Information

    Size
    12,878 SF
    Lot size
    0.51 Acres

    Source: Signature Real Estate Agent Ibrahim Al-Hejazin

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

    Overview

    Mixed-Use Building Near Karl Rd

    This two-story mixed-use building features 12 units and is located off the intersection of Karl Rd and Dublin-Granville Rd. The property has a well-maintained exterior and interiors. The building is fully rented with excellent tenants. A vacant space offers an opportunity for new prospects. A possible 20% rent increase is set to take effect on March 1st. The property size is 12878 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -82.9756387
    Latitude
    40.0879337

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    FAQs

    What type of property is this?
    Mixed-use property - Two-story, 12-unit mixed-use building with excellent tenants.
    Where is this mixed-use property located?
    The property is located at 5915-5937 Karl Rd Columbus, OH.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Fully rented with excellent tenants providing immediate income.; - Strategic location off the intersection of Karl Rd and Dublin-Granville Rd.; - Opportunity for a 20% rent increase starting March 1st.
    (614) 774-9523
    Request Owner's contact information
    5915-5937 Karl Rd Columbus, OH 43229
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    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
    5915-5937 Karl Rd Columbus, OH 43229
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