Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Stelzer Rd Columbus, OH 43219
    Back to Search
    Property profile & analytics

    Stelzer Rd, Columbus, OH 43219

    View on Map
    • Land
    • 0.49 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Stelzer Rd

    Lot size
    0.49 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 0.49-acre farm property in Columbus, Ohio, presents a unique investment opportunity. Located at the southeast corner of McCutcheon Road and Stelzer Road, this C4-zoned land boasts exceptional visibility and accessibility, situated just south of the renowned Easton Town Center. The property's strategic location benefits from extremely high daily traffic counts: over 35,000 vehicles on Stelzer Road and over 19,000 on McCutcheon Road, ensuring significant exposure for any development. The APN is 520-146508. This parcel offers the potential for a +/- 1,750 square foot drive-thru restaurant or a +/- 4,000 square foot retail building. The owner is open to ground leasing or build-to-suit options, providing flexibility for potential developers. This prime location, combined with the owner's willingness to collaborate, makes this a compelling investment prospect for those seeking high-traffic commercial development in a thriving Columbus market. The property is conveniently located in Franklin County, Ohio, with a zip code of 43219. This is a rare opportunity to acquire land in a high-demand area with significant development potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9143
    Latitude
    39.9896

    Comparable in this City

    • Value Estimation by Request

      2066 Stelzer Rd

      Land
      2066 Stelzer Rd, Columbus, OH 43219
      View Details
    • Value Estimation by Request

      Mifflin Blvd

      Land
      0 Mifflin Blvd, Columbus, OH 43219
      View Details
    • Value Estimation by Request

      1963-1965 Margaret St

      Land
      1963-1965 Margaret St, Columbus, OH 43219
      View Details
    • Value Estimation by Request

      1822 Stelzer Rd

      Land
      1822 Stelzer Rd, Columbus, OH 43219
      View Details
    • Value Estimation by Request

      Joyce Ave

      Distribution properties
      0 Joyce Ave, Columbus, OH 43219
      View Details
    • Value Estimation by Request
      10.90 Acres

      25Th Ave

      Land
      0 25Th Ave, Columbus, OH 43219
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Franklin County Land Opportunity

      Land zoned R-2 with multiple development possibilities.
      Rankin Ave, Columbus, OH 43219
      View Details
    • $40,000
      3,920 SF

      Land Available For Sale

      Land lot available for sale, can be combined with others.
      821 Taylor Ave, Columbus, OH 43219
      View Details
    • Contact for pricing
      4,027 SF

      Redevelopment Opportunity on Mock Road

      4,027 SF building on 2.11 acres, C-4 Zoned.
      2511 Mock Rd, Columbus, OH 43219
      View Details
    • Contact for pricing
      1,500 SF

      Cleared Commercial Site For Sale

      Prime commercial land ready for immediate development in high-demand area.
      886 Sunbury Rd, Columbus, OH 43219
      View Details
    • $249,900

      Stelzer Road Development Opportunity

      Vacant land for development in high-growth Columbus location.
      2423 Stelzer Rd, Columbus, OH 43219
      View Details
    • Contact for pricing

      Commercial Development Land Available

      3.001 acre commercial development land for sale.
      2876 Johnstown Rd, Columbus, OH 43219
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      27,430 SF

      Columbus Retail Space For Lease

      552,280 square foot retail property in Columbus, Ohio.
      3695-3737 Easton Market, Columbus, OH 43219
      View Details
    • Contact for pricing
      44,000 SF

      Columbus Office/Warehouse Space Available

      Office and warehouse space in the airport/east submarket for lease.
      3000-3004 E 14Th Ave, Columbus, OH 43219
      View Details
    • Contact for pricing

      Easton Way

      Discover many ways to work your way in Easton Way
      4449 Easton Way, Columbus, OH 43219
      View Details
    • Contact for pricing

      Office Space Near Easton Center

      Office spaces available near Easton Town Center, easy highway access.
      3443 Agler Rd, Columbus, OH 43219
      View Details
    • Contact for pricing
      7,029 SF

      Restaurant Space with Ample Parking

      Fully operational restaurant space in Columbus, OH with high visibility.
      3933 Morse Xing, Columbus, OH 43219
      View Details
    • Contact for pricing
      7,029 SF

      Former Restaurant Space Near Easton

      7,029 SF turnkey restaurant space near Easton Town Center.
      3939 Morse Xing, Columbus, OH 43219
      View Details
    Request Owner's contact information
    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.
    Stelzer Rd
    Columbus, OH 43219
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Stelzer Rd, Columbus, OH, 43219
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!