Building Details

Buildings 2

Listing Agency: EXP Realty, LLC o***@exprealty.net Show Phone

Listed By: Husam Almasoodi · License #2023004127 Show Phone

Source: Exprealty

Added: Oct 13 Changed: Oct 31 Last Checked: Nov 1 at 12:00PM

Report an Issue

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 EXP Realty, LLC

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

The property includes an existing commercial building and an approximately 1,700-square-foot garage. Its C-4 commercial zoning is identified alongside potential for automotive repair, service businesses, contractor operations, equipment storage, and other commercial ventures.

Situated on Groveport Road in Columbus, the property is described as being within an established commercial corridor, with access to major highways.

Key Highlights

• Approximately 1,700‑square‑foot garage
• C‑4 commercial zoning
• Existing commercial building on Groveport Road in Columbus

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$21,332

Cap Rate

6.88%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$426,640 $426.6K

Cap Rate 7%

$304,743 $304.7K

Cap Rate 9%

$237,022 $237.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,836 SF

Gross rent

$40.1K $21.84/SF

− Vacancy

−$9.6K −$5.24/SF

EGI

$30.5K $16.60/SF

− OpEx

−$9.1K −$4.98/SF

NOI

$21.3K $11.62/SF

Area

ZIP 43207

Vacancy

24.00%

Lease Rate

$21.84 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$426,640

Cap Rate 7%

$304,743

Cap Rate 9%

$237,022

Alternative Uses

Best Use

Industrial

$304.7K

$266.7K – $355.5K (±1% cap)

NOI $21,332 @ 7.0% cap · market cap 6.88%

Second Best

Retail

$304.7K

$266.7K – $355.5K (±1% cap)

NOI $21,332 @ 7.0% cap · market cap 6.88%

Theoretical Best

Warehouse

$370.0K

$323.8K – $431.7K (±1% cap)

NOI $25,903 @ 7.0% cap · market cap 8.36%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Snow's Bar Bar & Pub

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon

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

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

483

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 43207, OH

46,853

Population

21,242

Households

2.2

Avg Household Size

38

Median Age

16%

College-Educated

85%

High-School Grad

23.1 sq mi

ZIP Area

2,028

Density / Sq Mi

$61,307

Median Household Income

$40,037

Median Earnings

$1,115

Median Rent

$156,200

Median Home Value

Market

Vacancy Rate% for Retail in Columbus, OH

5.4% 2019

5.2% 2020

4% 2021

3.8% 2022

3.5% 2023

3.8% 2024

4.1% 2025

Similar For Sale Nearby

See more

2-Unit Mixed-Use Property

2214-2216 Eakin Road, Columbus, OH 43223

$749,900

View details

High-Visibility Automotive Garage on Cleveland

1550 Cleveland Ave, Columbus, OH 43211

$593,600

3,917 SF

View details

Mixed-Use Building Near I-71

480 E Main Street, Columbus, OH 43215

$1,250,000

5,800 SF

View details

Renovated Auto Shop with Showroom

870 North 20th Street, Columbus, OH 43219

$952,000

View details

Commercial Garage on Main Street

3535-3557 E Main St, Columbus, OH

Contact for pricing

3,730 SF

View details

Updated Commercial Property, Body Shop

1664 E Hudson Street, Columbus, OH 43211

Contact for pricing

4,245 SF

View details

Multi-Bay Automotive Service Facility

4100 Indianola Avenue, Columbus, OH 43214

Contact for pricing

9,266 SF

View details

Renovated Flex Space

3135 E 17th Ave, Columbus, OH 43219

$1,595,000

View details

Auto Shop with 6 Drive-In Doors

1717 S High Street, Columbus, OH 43207

Contact for pricing

View details

Ranch-Style Duplex

2737-2739 Blossom Ave, Columbus, OH 43231

$350,000

1,760 SF

View details

Updated Two-Unit Duplex

643-645 S Burgess Ave, Columbus, OH 43204

$274,900

2,184 SF

View details

Two-Unit Duplex with Parking Pad

132 Dakota Ave, Columbus, OH 43222

$289,900

2,294 SF

View details

Similar Off Market Nearby

• Hb & Gb Used Tires Llc. — 2575 S High St, Columbus, OH 43207
• L & C Auto — 2586 S High St, Columbus, OH 43207
• Tows — 2622 s 5th st, columbus, oh 43207
• Gorman's Body Shop — 2625 Parsons Ave, Columbus, OH 43207
• Harr's Auto Glass — 2630 Parsons Ave, Columbus, OH 43207

Frequently Asked Questions

What type of property is this?

Auto shop - C-4 zoning and an existing commercial building offer a basis for evaluating several business uses.

Where is this auto shop located?

The property is located at 2114 Groveport Rd Columbus, OH.

What is the asking price?

The asking price for this property is $309,900.

What are key features of this property?

This property features: Approximately 1,700‑square‑foot garage; C‑4 commercial zoning; Existing commercial building on Groveport Road in Columbus