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Financial
Distress signals
Property profile

3977 Morse Xing Columbus, OH 43219

FOR LEASE
Drive through restaurants
Property ID
US66-5954944
6,003 SF 1.79 ac lot Built 1999
Last sale Nov 2008 · $1,162,600
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 7,272 square foot restaurant space is available for lease in the highly desirable Easton Market area of Columbus, Ohio. Situated on a 1.9+ acre lot, this single-tenant property boasts a prime location at a signalized entrance to the Easton Town Center, a major regional shopping and entertainment destination. The building features a spacious interior of 7,272 square feet, complemented by an outdoor patio area, ideal for expanding seating capacity and creating a vibrant…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$81k
Tax billed · 2023
Assessed value$1.10M
Assessed land$623k
Assessed improvement$479k
Effective rate7.30%

Value estimate

· Oct 2026
$2.65M
$2.38M – $2.91M
AI approach$2.55M
Submarket $/SF estimate$1.78M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$228/SF
Submarket average, outlier-cleaned · 147 recorded sales of this use type
Observed band · Q1–Q3$110 – $367
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.7
Garden Center13.5
Hair Salon13.3

Location

3977 Morse Xing Columbus, OH 43219
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3969 Morse, Columbus, OH 43219-6039 $3,291,000 May 2025 7,255 SF
4053-4055 Morse, Columbus, OH 43219 $2,160,000 Mar 2024 6,776 SF
4038 Morse, Columbus, OH 43219-3018 $22,881 Oct 2023 4,224 SF
2840 Johnstown, Columbus, OH 43219-1772 $3,382,000 Apr 2022 5,920 SF
2185-2193 5th, Columbus, OH 43219 $1,718,400 Sep 2021 8,320 SF
3933 Morse, Columbus, OH 43219 $2,671,666 Feb 2019 7,112 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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