Property profile

122 S Terrace Ave Columbus, OH 43204

FOR SALE
Commercial real estate
Saved · see the list in your Dashboard
Property ID
US66-1491398
2,704 SF 0.1 ac Built 1900
Last sale Jul 2018·$33,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
122 S Terrace Ave, Columbus, OH 43204 For Sale
$225,000 2,704 SF
122 S Terrace Ave, Columbus, OH 43204
View Listing

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?
$1k
Tax billed · 2023
Assessed value$20k
Assessed land$4k
Assessed improvement$17k
Effective rate7.30%

Value estimate

· Nov 2026
$95k
$86k – $105k
AI approach$65k
NOI build-up
Gross scheduled income$55k
Vacancy & credit loss−$6k
Operating expenses−$19k
NOI · 13.77% cap applied$31k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$46/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$33 – $75
Qualifying comparables5

Cap rate analysis

How does the asset earn?
13.77%
$31k 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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm36.9
Realty agency30.9
Restaurant22.9

Location

122 S Terrace Ave Columbus, OH 43204
County assessor Recorded deeds · 4 transfers 5 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
700 Hague, Columbus, OH 43204 $435,000 Dec 2025 2,014 SF
736 Wilson, Columbus, OH 43204-1462 $587,500 May 2024 1,498 SF
2528 Broad, Columbus, OH 43204-3323 $130,000 Feb 2024 2,166 SF
2453 Sullivant, Columbus, OH 43204-3159 $73,000 Nov 2022 2,340 SF
2879 Briggs, Columbus, OH 43204 $210,000 Oct 2022 2,275 SF
2200 Mckinley, Columbus, OH 43204-3417 $417,000 Aug 2021 5,396 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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