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    Eddystone Ave Columbus, OH 43224

    For Sale
    $95,000

    Prime 0.36-acre commercial lot, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.36-acre commercial land parcel presents a unique investment opportunity in Columbus, Ohio. Located on Eddystone Avenue, just off Cleveland Avenue, this property boasts a highly visible location with significant daily traffic volume – an estimated 20,000 vehicles pass by on Cleveland Avenue daily. The lot is situated directly behind a Little Caesars Pizza shop, offering convenient access and high visibility. Across the street, the recently developed 45-unit Kenlawn Place apartment complex further enhances the area's appeal and potential. The surrounding area showcases a diverse mix of residential, retail, religious, and entertainment establishments, creating a vibrant and dynamic community. The property's convenient location also benefits from public bus line accessibility. This strategically positioned lot is zoned COM, providing flexibility for a variety of commercial uses. Nearby amenities include the Easton Towne Center, offering additional retail and restaurant options. This is an exceptional opportunity to acquire a well-located commercial lot in a thriving Columbus neighborhood. The property is ready for development and offers significant potential for future growth and return on investment. The asking price for this remarkable property is $95,000. The parcel is in Franklin County, Ohio, with a zip code of 43224.

    Property Features for 0 Eddystone Ave

    General Information

    Property type
    Land
    Lot Size
    15,682 SF

    HighLights

    • 0.36‑acre vacant commercial land parcel in Columbus, OH.
    • High visibility location on Eddystone Ave., near Cleveland Ave. with 20,000 vehicles per day.
    • Public bus line accessible.
    • Thriving, diverse community with nearby residential, retail, and entertainment options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.965153202238
    Latitude
    40.028636021061

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    FAQs

    What type of property is this?
    Land - Prime 0.36-acre commercial lot, high traffic area.
    Where is this land located?
    The property is located at Eddystone Ave Columbus, OH.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: 0.36-acre vacant commercial land parcel in Columbus, OH.; High visibility location on Eddystone Ave., near Cleveland Ave. with 20,000 vehicles per day.; Public bus line accessible.
    (614) 255-4381
    Request Owner's contact information
    Eddystone Ave Columbus, OH 43224
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    Columbus, OH 43224
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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
    Eddystone Ave Columbus, OH 43224
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