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    Prime Retail Space in Columbus Title is generated by Realmo AI

    3230 - 3242 N High St, Columbus, OH 43202

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    Premier retail location in Clintonville neighborhood with high visibility.

    Type:Retail
    Added:
    May 26, 2026
    Days on Market:
    6
    Last Refresh:
    May 27 at 7:55 am

    Property Features for 3230 - 3242 N High St

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 3230 - 3242 N High St Contact us

    We can help!

    Listing Contact
    Austin Loconti
    Austin Loconti

    Listing agent Austin Loconti License #SAL 2017000328

    Listing office Passov Real Estate Group

    Listing date May 26, 2026

    Source Crexi

    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 Passov Real Estate Group

    HighLights

    • Premier location in Clintonville, a highly sought‑after Columbus neighborhood.
    • Exceptional visibility and strong daily traffic counts on N High Street.
    • Direct access to Downtown Columbus, OSU, Worthington, and Central Ohio via SR‑315 and I‑71.
    • Surrounded by a vibrant mix of local retailers, restaurants, and neighborhood services.
    • Located within an active redevelopment corridor experiencing continued mixed‑use investment and residential growth.
    • Frontage along a major transit corridor and walking distance to numerous neighborhood amenities.

    Overview

    Located in the Clintonville neighborhood of Columbus, the property at 3230–3242 N High Street offers a location along an established urban retail corridor. Situated on North High Street between Weber Road and North Broadway, the property benefits from visibility, traffic, and access to Downtown Columbus, The Ohio State University, Worthington, and Central Ohio via SR-315 and I-71. The property is surrounded by retailers, restaurants, coffee shops, and neighborhood services that define Clintonville, an urban neighborhood known for its walkability, historic charm, and residential demographics. The area attracts young professionals, students, families, and residents, supporting daytime and evening activity. Positioned minutes north of The Ohio State University and the Short North Arts District, the site is located within a redevelopment corridor experiencing mixed-use investment and residential growth. Projects along High Street enhance the area’s appeal while reinforcing value for retail, office, and mixed-use users. With frontage along a transit corridor and within walking distance to neighborhood amenities, 3230–3242 N High Street offers an opportunity to establish a presence in a rapidly evolving urban submarket.
    Location Intelligence

    Current Use by Public Records

    Clintonville community resource ... Social Service Agency

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -83.0144938
    Latitude
    40.0280724

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    FAQs

    What type of property is this?
    Retail space - Premier retail location in Clintonville neighborhood with high visibility.
    Where is this retail space located?
    The property is located at 3230 - 3242 N High St Columbus, OH.
    What are key features of this property?
    This property features: Premier location in Clintonville, a highly sought‑after Columbus neighborhood.; Exceptional visibility and strong daily traffic counts on N High Street.; Direct access to Downtown Columbus, OSU, Worthington, and Central Ohio via SR‑315 and I‑71.
    (216) 970-5122 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Austin Loconti
    Austin Loconti
    Real Estate License ID: SAL 2017000328
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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