Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    894 Berkeley Rd Columbus, OH 43206

    Sponsored
    For Sale
    $47,000

    Prime Columbus location, great investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,791.6 square foot corner lot, located at 894 Berkeley Road in Columbus, Ohio (zip code 43206), presents a remarkable opportunity for residential development. Currently zoned for multifamily use, this property is ideally suited for the construction of a duplex, triplex, or similar multi-unit residential building. The asking price is $47,000. The lot's convenient location offers easy access to key amenities and attractions. Situated just minutes from Nationwide Children's Hospital and the vibrant Downtown Columbus area, this property benefits from excellent proximity to healthcare facilities, employment centers, and cultural attractions. The Bexley neighborhood is also within easy reach, providing residents with access to upscale shopping, dining, and recreational opportunities. The property is fully fenced, enhancing security and providing a defined boundary for future development. This is a rare chance to acquire a well-positioned lot in a high-demand area, perfect for investors seeking to capitalize on the growing need for residential housing in Columbus. The existing zoning allows for immediate development, minimizing delays and maximizing return on investment. Serious inquiries are encouraged.

    Property Features for 894 Berkeley Rd

    General Information

    Property type
    Multifamily properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -82.9568153
    Latitude
    39.9483912

    Nearby Similar for Sale

    • $279,000
      0.15 Acres

      Historic Brick Duplex in Columbus

      Four-bedroom duplex in Old Oaks neighborhood, sold as-is.
      631-633 S Champion Ave, Columbus, OH 43205
      View Details
    • $217,500
      0.15 Acres

      Columbus Duplex with Renovation Potential

      2,340 sq ft duplex in Mt. Vernon neighborhood.
      515-517 N Champion Ave, Columbus, OH 43203
      View Details
    • New
      $750,000
      0.10 Acres

      Updated Duplex Near Children's Hospital

      Updated duplex with modern finishes, ideal for investors or owner-occupants.
      240-242 S 18Th St, Columbus, OH 43205
      View Details
    • $600,000
      0.11 Acres

      Olde Towne East Duplex

      Duplex in vibrant neighborhood with hardwood floors and modern amenities.
      395-397 Stoddart Ave, Columbus, OH 43205
      View Details
    • $1,689,000
      0.12 Acres

      Unique Short Term Rental Property

      Unique short-term rental property near downtown Columbus and German Village.
      43-45 W Markison Ave, Columbus, OH 43207
      View Details
    • $598,000
      3,240 SF

      Minerva Park Office Building

      Two-story office building in Minerva Park with high visibility.
      2505 Woodley Rd, Columbus, OH 43231
      View Details
    • $309,900
      0.12 Acres

      Updated Duplex in Historic Franklinton

      Updated duplex with modern comfort and classic character in Franklinton.
      91-93 N Central Ave, Columbus, OH 43222
      View Details
    • $1,300,000
      0.14 Acres

      Dennison Place Multifamily Investment Opportunity

      Stunning duplex in a prime central location near OSU.
      422-420 W 6Th Ave, Columbus, OH 43201
      View Details
    • New
      $515,000
      0.11 Acres

      Columbus Duplex with Tax Abatement

      Large brick duplex with updates, tax abatement, and parking.
      163-165 N 18Th St, Columbus, OH 43203
      View Details
    • $260,000
      0.10 Acres

      Columbus Duplex Investment Opportunity

      Duplex in good condition, fully occupied, near downtown Columbus.
      151 S Wayne Ave, Columbus, OH 43204
      View Details
    • $299,900
      0.12 Acres

      Updated Duplex in Growing Neighborhood

      Modern duplex with rental potential near downtown Columbus.
      95-97 N Central Ave, Columbus, OH 43222
      View Details
    • $1,100,000
      0.13 Acres

      Renovated Multifamily Near Ohio State

      Renovated 7 bed, 4 bath house with four 1-bed apartments.
      2083 N 4Th St, Columbus, OH 43201
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime Columbus location, great investment.
    Where is this multifamily property located?
    The property is located at 894 Berkeley Rd Columbus, OH.
    What is the asking price?
    The asking price for this property is $47,000.
    Request Owner's contact information
    894 Berkeley Rd Columbus, OH 43206
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    894 Berkeley Rd
    Columbus, OH 43206
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    894 Berkeley Rd Columbus, OH 43206
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.