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    2340 High St Columbus, OH 43207

    Sponsored
    For Sale
    $3,900,000

    Columbus, OH Auto Sales Lot, Redevelopment Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.329-acre property located at 2340 S High St, Columbus, OH 43207 (APN 010-007143-00) presents a significant investment opportunity. The parcel extends from Fornof Road to Dering Avenue and includes four buildings: a 2,344 sq ft residence and two commercial buildings totaling 3,254 sq ft (1,866 sq ft and 1,388 sq ft respectively). Currently operating as an auto sales lot, this property offers substantial redevelopment potential. Its zoning as a "Community Activity Center" district allows for a wide range of uses, including quick-service restaurants, gas stations, convenience stores, mixed-use projects, hotels, restaurants, microbreweries, and grocery stores. The strategic location near Route 104 and Steelton Village, on South High Street, ensures high visibility and accessibility. The asking price for this prime Columbus real estate is $3,900,000. This is a rare chance to acquire a large parcel in a rapidly developing area with diverse redevelopment options. The property's existing structures provide immediate income potential while offering the flexibility to create a new vision for this high-traffic location. Don't miss this opportunity to capitalize on the growth and potential of this vibrant Columbus neighborhood.

    Property Features for 2340 High St

    General Information

    Property type
    Automotive properties
    Lot Size
    145,011 SF

    Building Details

    Buildings
    4
    Stories
    2

    HighLights

    • $3,900,000 asking price.
    • 3.329‑acre lot in Columbus, OH, with APN 010‑007143‑00.
    • Property includes four buildings totaling approximately 5,600 square feet; one residential building (2,344 SF) and two commercial buildings (1,866 SF and 1,388 SF).
    • Currently operating as an auto sales lot.
    • Located on South High Street near Route 104 and Steelton Village, in a designated Community Activity Center district allowing for diverse redevelopment options including retail, mixed‑use, and hospitality.
    Property Profile Location Intelligence

    Current Use by Public Records

    Destiny's Auto Sales Used Car Dealer Broomstone Auto Group ... Car Dealer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9949521
    Latitude
    39.913892

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    FAQs

    What type of property is this?
    Automotive property - Columbus, OH Auto Sales Lot, Redevelopment Potential
    Where is this automotive property located?
    The property is located at 2340 High St Columbus, OH.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: $3,900,000 asking price.; 3.329-acre lot in Columbus, OH, with APN 010-007143-00.; Property includes four buildings totaling approximately 5,600 square feet; one residential building (2,344 SF) and two commercial buildings (1,866 SF and 1,388 SF).
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    Columbus, OH 43207
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    2340 High St Columbus, OH 43207
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