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    860 Long St Columbus, OH 43203

    Sponsored
    For Sale
    $480,000

    1,206 SF, $480K, High-Growth Area

    Property size:
    1,206 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional special-purpose property, located at 860 E Long Street in Columbus, Ohio, presents a unique investment opportunity. Boasting 1,206 square feet of rentable space on a 5,227.2 square foot lot, this property offers significant potential. Built in 1951, the building features a recently installed roof, a considerable asset for any prospective owner. The property's strategic location within a rapidly developing neighborhood offers immediate access to a large parking lot, enhancing its appeal and functionality. Its proximity to Columbus State and the downtown area provides exceptional visibility and accessibility to a diverse customer base. The asking price is $480,000, translating to $398.01 per square foot. This represents a compelling value proposition given the property's features, location, and the ongoing revitalization of the surrounding area. The property's special purpose designation allows for a wide range of potential uses, making it an ideal investment for entrepreneurs and developers seeking a foothold in a thriving Columbus neighborhood. The combination of a strong location, recent improvements, and attractive pricing makes this an opportunity not to be missed. The zip code is 43203, and the property is situated in Franklin County.

    Property Features for 860 Long St

    General Information

    Property type
    Specialty properties
    Square Feet
    1,206 SF

    Building Details

    Year Built
    1951

    HighLights

    • 1,206 SF rentable space on a 5,227.2 SF lot in Columbus, OH.
    • Recently installed roof.
    • Located in a rapidly developing neighborhood with ample parking.
    • Excellent visibility and accessibility near Columbus State and downtown.
    • Asking price: $480,000 ($398.01/SF).
    • Special‑purpose designation allows for diverse uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Los Potosinos Mexican Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -82.978081
    Latitude
    39.9677585

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    FAQs

    What type of property is this?
    Specialty property - 1,206 SF, $480K, High-Growth Area
    Where is this specialty property located?
    The property is located at 860 Long St Columbus, OH.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: 1,206 SF rentable space on a 5,227.2 SF lot in Columbus, OH.; Recently installed roof.; Located in a rapidly developing neighborhood with ample parking.
    Request Owner's contact information
    860 Long St Columbus, OH 43203
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    Columbus, OH 43203
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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
    860 Long St Columbus, OH 43203
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