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    000 Broad St Columbus, OH 43228

    Sponsored
    For Sale
    $790,000

    Columbus commercial land, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.79-acre commercial land parcel, identified as APN 140-007155-00, is situated at 000 West Broad St, Columbus, OH 43228, in Franklin County. Offered at $790,000 ($1,000,000/acre), this property boasts significant advantages for developers. The outlot features approximately 179 feet of frontage along West Broad Street, providing excellent visibility and accessibility. Pre-existing utilities are already in place, simplifying development. The location benefits from convenient access via an existing traffic signal, ensuring easy ingress and egress. This is one of four outlots available for sale along West Broad Street, in front of the former Westland Mall site, presenting a unique opportunity to join established businesses such as Sheetz and Bob Evans. The high traffic volume on West Broad Street, coupled with the proximity to numerous other retailers, guarantees substantial exposure. Furthermore, the property's close proximity to I-270 on/off ramps and the Hollywood Casino (less than 0.8 miles away) enhances its appeal and potential for significant return on investment. This land represents a prime development opportunity in a thriving Columbus location. The property was formerly part of the Westland Mall's parking lot.

    Property Features for 000 Broad St

    General Information

    Property type
    Land
    Lot Size
    34,412 SF

    HighLights

    • Former Westland Mall parking lot, prime West Broad Street location.
    • High‑traffic area with excellent visibility.
    • Significant development potential.
    • Large parcel size ideal for mixed‑use development.
    • Strategic location offering easy access to major roadways and amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office 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
    -83.113849784322
    Latitude
    39.952651585832

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    FAQs

    What type of property is this?
    Land - Columbus commercial land, high traffic area.
    Where is this land located?
    The property is located at 000 Broad St Columbus, OH.
    What is the asking price?
    The asking price for this property is $790,000.
    What are key features of this property?
    This property features: Former Westland Mall parking lot, prime West Broad Street location.; High-traffic area with excellent visibility.; Significant development potential.
    Request Owner's contact information
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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
    000 Broad St Columbus, OH 43228
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