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    2081 Morse Rd Columbus, OH 43229

    Sponsored
    For Lease
    Contact for pricing

    Prime Columbus Fast Food Site, Drive-Thru

    Lot size:
    2,537 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 2,537 square foot retail property, located at 2081 Morse Road in Columbus, Ohio, presents a unique investment opportunity. Situated on a 0.63-acre lot in the Northeast Columbus submarket of Franklin County, this former fast-food restaurant boasts a highly desirable drive-thru and ample parking. Built in 1991, the entire building (2,537 square feet) is currently vacant, offering a blank canvas for a new tenant or a complete redevelopment. The property benefits from its location on Morse Road, a major east-west thoroughfare in Columbus, ensuring high visibility and significant traffic exposure. Over 34,000 vehicles pass by daily, providing excellent potential for customer reach. The surrounding area is a dense retail hub, anchored by established businesses such as Kroger, Rose's Discount Store, and Aldi, creating a strong commercial environment and attracting a substantial customer base. This location offers immediate access to a high-traffic area with a proven track record of retail success, making it an ideal site for a variety of fast-food or quick-service restaurant concepts. The property's existing infrastructure, including the drive-thru, significantly reduces the initial investment required for a new business. This is a rare opportunity to acquire a well-positioned retail property in a thriving Columbus commercial corridor. The 43229 zip code ensures easy access to a large and diverse population.

    Property Features for 2081 Morse Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,537 SF

    Building Details

    Year Built
    1991

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,537 SF

    HighLights

    • Second‑generation restaurant space with drive‑thru available for lease.
    • Excellent retail co‑tenancy including Kroger, Aldi, Menards, and other national retailers.
    • High concentration of fast‑casual restaurants nearby.
    • Convenient access to I‑71.
    • High visibility on Morse Road with over 34,000 VPD.
    • Dense population base of nearly 350,000 within a five‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.96364959
    Latitude
    40.05970496

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    FAQs

    What type of property is this?
    Restaurant - Prime Columbus Fast Food Site, Drive-Thru
    Where is this restaurant located?
    The property is located at 2081 Morse Rd Columbus, OH.
    What are key features of this property?
    This property features: Second-generation restaurant space with drive-thru available for lease.; Excellent retail co-tenancy including Kroger, Aldi, Menards, and other national retailers.; High concentration of fast-casual restaurants nearby.
    Request Owner's contact information
    2081 Morse Rd Columbus, OH 43229
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    Columbus, OH 43229
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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
    2081 Morse Rd Columbus, OH 43229
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