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    3124 Westerville Rd Columbus, OH 43224

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    For Sale
    $895,000

    Multi-tenant industrial property with auto service use, Columbus, OH.

    Property size:
    11,304 SF
    Lot size:
    0.92 Acres

    Property Features for 3124 Westerville Rd

    General Information

    Size
    11,304 SF
    Lot size
    0.92 Acres

    Source: Matthews Real Estate Investment Services | Columbus Agent Woodrow Walton

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

    Overview

    Multi-Tenant Industrial Property For Sale

    The property at 3124 Westerville Rd, Columbus, OH, is a multi-tenant industrial property suitable for auto service use. The property is fully occupied by 6 tenants, including a billboard rented by Lamar Advertising. Approximately 73% of the property is occupied on a month-to-month basis, offering flexibility for owner-occupants and investors. The property size is 11304 square feet. This property presents an opportunity to purchase below replacement cost.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Glory Auto Sales ... Used Car Dealer

    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

    Soldimetalis LLC Welding & Body Shop, Reddawg Towing, Yokohama, Amez auto repair, BB Hudson Tire

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -82.9553844
    Latitude
    40.0317605

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    FAQs

    What type of property is this?
    Auto shop - Multi-tenant industrial property with auto service use, Columbus, OH.
    Where is this auto shop located?
    The property is located at 3124 Westerville Rd Columbus, OH.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Opportunity to purchase below replacement cost.; - Multi-tenant industrial property with auto service use.; - Fully occupied by 6 tenants.
    (270) 535-2265
    Request Owner's contact information
    3124 Westerville Rd Columbus, OH 43224
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    Columbus, OH 43224
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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
    3124 Westerville Rd Columbus, OH 43224
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