1805 Columbus Road Granville, OH 43023
Versatile mixed-use property in Granville, over an acre of land.
Property Features for 1805 Columbus Road
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Lot size
- 1.00 Acre
- Property subtype
- MU
Building Details
- Year Built
- 1938
Listing office Keller Williams Greater Columbus Realty (614) 314-5555
Listing date Aug 5, 2025
Source Realnex
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Investment Insights
Based on property information with market context.
Key Highlights
- Over an acre of land and more than 2,500 SF of space suitable for business or mixed‑use.
- Set up for two businesses with separate utilities.
- Excellent road exposure and ample parking.
Local Financial Insights For Retail
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 | $67.5k | $27.00 |
| − Vacancy | −$2.4k | −$0.97 |
| EGI | $65.1k | $26.03 |
| − OpEx | −$19.5k | −$7.81 |
| NOI | $45.6k | $18.22 |
