1555 Joyce Ave Columbus, OH 43219
- Warehouses
- 6,120 SF
- 2.66 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1555 Joyce Ave
- Year built
- 1927
- Lot size
- 2.66 lot acres
- Property size
- 6,120 SF
- Property type
- Warehouses
- APN
- 010-108429
- APU
- 10108429
Description
This exceptional 129,373.2 square foot warehouse, located at 1555 Joyce Avenue in Columbus, Ohio, presents a compelling investment opportunity. Priced at $4,000,000, this industrial property boasts a prime location within Columbus, benefiting from readily accessible and well-developed infrastructure. The strategic positioning ensures streamlined transportation and logistics, leveraging the city's robust highway system, railroad network, and proximity to the airport. This translates to significant operational efficiencies and cost savings for any business. Beyond logistical advantages, this location offers enhanced business visibility, attracting potential clients and partners. Furthermore, the property's location may qualify for government incentives, potentially reducing overall investment costs. The property is classified as a warehouse and sits on a substantial lot size, providing ample space for operations and potential expansion. The property's address is 1555 Joyce Avenue, Columbus, Franklin County, Ohio, 43219. This is an excellent opportunity to acquire a strategically located, sizable warehouse in a thriving Ohio market. The property's size and location make it ideal for a variety of industrial uses. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $325,000
- 6.5%
- $275,000
- 7%
- $265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $260,000
- Mixed-Use
- $315,000
- Hospitality
- $270,000
- Educational
- $275,000
- Residential Income
- $315,000
- Energy
- $260,000
- Income-Based Land
- $270,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9668
- Latitude
- 39.9994
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA