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Financial
Distress signals
Property profile

1001 Mount Vernon Ave Columbus, OH 43203

FOR SALE
Retail space
Property ID
US66-6027659
2,360 SF 0.12 ac lot Built 1921
Last sale Sep 2004 · $185,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,360 square foot retail property, located at 1001 Mount Vernon Avenue in Columbus, Ohio, presents a compelling investment opportunity. Built in 1921, the building sits on a 5,227.2 square foot lot and offers a unique blend of character and potential. The asking price is $550,000, translating to $233.05 per square foot. The property's convenient location offers easy access to downtown Columbus and major highways including I-670, I-71, and I-70, ensuring high visibility and…

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?
$3k
Tax billed · 2023
Assessed value$35k
Assessed land$8k
Assessed improvement$28k
Effective rate7.30%

Value estimate

· Oct 2026
$185k
$167k – $204k
AI approach$185k
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$5k
Operating expenses−$16k
NOI · 4.92% cap applied$27k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$107/SF
Submarket average, outlier-cleaned · 315 recorded sales of this use type
Observed band · Q1–Q3$52 – $173
Qualifying comparables9

Cap rate analysis

How does the asset earn?
4.92%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.2
Grocery Store9.7
Plumbing Service9.7

Location

1001 Mount Vernon Ave Columbus, OH 43203
County assessor Recorded deeds · 2 transfers 9 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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1222 Long, Columbus, OH 43203-1924 $275,000 Dec 2022 3,081 SF
1234 Mt Vernon, Columbus, OH 43203-1524 $72,500 Oct 2022 2,978 SF
969-971 Mt Vernon, Columbus, OH 43203 $240,000 May 2021 3,145 SF
999 Mt Vernon, Columbus, OH 43203-1517 $47,500 Mar 2021 959 SF
506 Saint Clair, Columbus, OH 43203-1057 $75,000 Dec 2019 2,812 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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