Open-Concept Retail
For Sale
Contact for pricing
1533 N High Street, Columbus, OH 43201
Vacant ground-floor space offers immediate occupancy and two reserved spaces in an attached parking garage.
Property Size1,200 SF
Price / SF$0.03
Days on Market88
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Property Features for 1533 N High Street
General Information
Standard status
Active
Size
1,200 SF
Total Parking Spaces
2
Additional Details
Floor
Ground
Traffic Count
22,500 vehicles/day
Listing Agency:
The Robert Weiler Company
(614) 221-4286
Listed By:
Julie Cohen · License #2022001851
(614) 390-6800
Source:
Maryhatem
Added: Jul 20
Changed: Oct 8
Last Checked: Oct 14 at 10:24PM
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 The Robert Weiler Company
Investment Insights
Based on property information with market context.
This approximately 1,200 +/- SF retail suite provides an open-concept floor plan on the ground level of a 95-unit apartment complex. The space is currently vacant, allowing for immediate occupancy, and includes two reserved parking spaces within the attached garage.
The property is positioned just off N High Street in the University District. High Street records over 22,500 VPD, providing a strong daily traffic presence, while nearby neighborhood amenities add convenience for surrounding users and visitors.
The property is positioned just off N High Street in the University District. High Street records over 22,500 VPD, providing a strong daily traffic presence, while nearby neighborhood amenities add convenience for surrounding users and visitors.
Key Highlights
- Approximately 1,200 +/- SF of open‑concept retail space
- Vacant suite with immediate move‑in availability
- Ground‑floor location within a 95‑unit apartment complex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,835
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,700
$276.7K
Cap Rate 7%
$197,643
$197.6K
Cap Rate 9%
$153,722
$153.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$21.6K $18.00/SF
− Vacancy
−$1.8K −$1.53/SF
EGI
$19.8K $16.47/SF
− OpEx
−$5.9K −$4.94/SF
NOI
$13.8K $11.53/SF
Area
Columbus, OH
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,700
Cap Rate 7%
$197,643
Cap Rate 9%
$153,722
Alternative Uses
Best Use
Retail
$197.6K
$172.9K – $230.6K
NOI $13,835 @ 7.0% cap · market cap 43,234.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$250.1K
$218.8K – $291.8K
NOI $17,506 @ 7.0% cap · market cap 54,706.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
22,500 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
4,894
Businesses Nearby
Explore this area
Business Placement
Demographics for 43201, OH
37,528
Population
17,484
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
12,106
Density / Sq Mi
$43,451
Median Household Income
$21,792
Median Earnings
$1,299
Median Rent
$438,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Columbus, OH
Frequently Asked Questions
What type of property is this?
Retail space - Vacant ground-floor space offers immediate occupancy and two reserved spaces in an attached parking garage.
Where is this retail space located?
The property is located at 1533 N High Street Columbus, OH.
What are key features of this property?
This property features: Approximately 1,200 +/- SF of open‑concept retail space; Vacant suite with immediate move‑in availability; Ground‑floor location within a 95‑unit apartment complex
