Columbus Industrial Warehouse on 3.25
1945 Jackson Road Columbus, OH 43223
1945 Jackson Road, Columbus, OH, 43223
$1,495,000
For Sale
$1,495,000
18,444 SF industrial warehouse with convenient highway access.
Property Size18,444 SF
Lot Size3.25 Acres
Price / SF$81.06
Days on Market177
Property Features for 1945 Jackson Road
General Information
- Standard status
- Active
- Size
- 18,444 SF
- Lot size
- 3.25 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1973
Listing agency
(614) 657-2391
Listed by
Mike Semon
(614) 657-2391
Source
Ohioequities
Added: Jan 27 Updated: Jul 6 at 10:10AM Checked: Jul 23 at 3:31AM
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 Mike Semon
Investment Insights
Based on property information with market context.
This industrial investment opportunity is located in Southwest Columbus. The 18,444 SF industrial warehouse building includes one dock-high door and three drive-in doors. The property consists of four parcels totaling 3.25 acres. Situated on Jackson Road, south of Downtown Columbus, the property is in close proximity to US-62, providing convenient highway access. The building features a 14' clear height and ample parking.
Key Highlights
- Large 3.25‑acre lot provides ample space and potential for expansion.
- Convenient highway access facilitates efficient transportation and logistics.
- Functional warehouse space of 18,444 SF suitable for various industrial uses.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.9k | $6.12 |
| − Vacancy | −$8.7k | −$0.47 |
| EGI | $104.2k | $5.65 |
| − OpEx | −$15.6k | −$0.85 |
| NOI | $88.6k | $4.80 |
18,444 SF · lease $6.12/SF/yr · vacancy 7.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.27M
$1.11M – $1.48M
NOI $88,558 @ 7.0% cap · market cap 5.92%
Second Best
Industrial
$1.04M
$911.6K – $1.22M
NOI $72,930 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$3.84M
$3.36M – $4.48M
NOI $269,068 @ 7.0% cap · market cap 18.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
JP Auto, llc
Auto Repair Shop
Brays fix Em ...
Auto Repair Shop
Jackson Rd Depot ...
Trade Show Venue
GO LUCKY AUTO ...
Car Dealership
JAG Graphics LTD
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
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FAQs
What type of property is this?
Warehouse - 18,444 SF industrial warehouse with convenient highway access.
Where is this warehouse located?
The property is located at 1945 Jackson Road Columbus, OH.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Large 3.25‑acre lot provides ample space and potential for expansion.; Convenient highway access facilitates efficient transportation and logistics.; Functional warehouse space of 18,444 SF suitable for various industrial uses.