Property profile

2340 High St Columbus, OH 43207

OFF-MARKET
Specialty properties
3.33 ac lot
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Property summary

AI-generated overview

This exceptional 3.329-acre property located at 2340 S High St, Columbus, OH 43207 (APN 010-007143-00) presents a significant investment opportunity. The parcel extends from Fornof Road to Dering Avenue and includes four buildings: a 2,344 sq ft residence and two commercial buildings totaling 3,254 sq ft (1,866 sq ft and 1,388 sq ft respectively). Currently operating as an auto sales lot, this property offers substantial redevelopment potential. Its zoning as a "Community Activity Center" district allows for a wide range of uses, including quick-service restaurants, gas stations, convenience stores, mixed-use projects, hotels, restaurants, microbreweries, and grocery stores. The strategic location near Route 104 and Steelton Village, on South High Street, ensures high visibility and accessibility. The asking price for this prime Columbus real estate is $3,900,000. This is a rare chance to acquire a large parcel in a rapidly developing area with diverse redevelopment options. The property's existing structures provide immediate income potential while offering the flexibility to create a new vision for this high-traffic location. Don't miss this opportunity to capitalize on the growth and potential of this vibrant Columbus neighborhood.

Property profile

Verified
Property type Specialty properties
Lot 3.33 ac (145,011 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • Car Dealership

Location

2340 High St Columbus, OH 43207
Columbus metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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