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Land Parcel with Income Potential
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5950 Carnaby Wy, Columbus, OH

0.776 acre parcel with existing income-generating lease.

Property SizeContact for details
Lot Size0.78 Acres
Days on Market802

Property Features for 5950 Carnaby Wy

General Information

Standard status Active
Lot size 0.78 Acres
Property subtype LAND
Listing Agency: Cushman & Wakefield | Columbus
Listed By: Matt Murtha
Source: Moodyscre
Added: Jun 27, 2024 Changed: Aug 9 Last Checked: Sep 5 at 4:39PM

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 Cushman & Wakefield | Columbus

Investment Insights

Based on property information with market context.

This 0.776-acre parcel presents various potential uses. A small, freestanding equipment building is situated on the rear west corner of the site. This building is under a long-term lease with a renewal option, housing equipment for Breezeline cable/communications. The lease generates an annual income of $12,500 for the buyer, structured as a 10-year lease. The total rent of $125,000 was prepaid to Education First Credit Union. The lease commenced on June 21, 2022, and expires on June 20, 2032. Depending on the closing date of the sale, the buyer could receive a credit exceeding $100,000 at closing, prorated from the prepaid rent.

Key Highlights

  • Significant credit (potentially exceeding $100,000) to the buyer at closing due to prepaid lease.
  • Existing long‑term lease with Breezeline cable/communications provides a guaranteed annual income of $12,500.
  • 0.776 acre parcel offers many potential uses.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,418
Businesses Nearby
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Frequently Asked Questions

What type of property is this?
Land - 0.776 acre parcel with existing income-generating lease.
Where is this land located?
The property is located at 5950 Carnaby Wy Columbus, OH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Significant credit (potentially exceeding $100,000) to the buyer at closing due to prepaid lease.; Existing long‑term lease with Breezeline cable/communications provides a guaranteed annual income of $12,500.; 0.776 acre parcel offers many potential uses.
(614) 827-1710 Call to check price and availability
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