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Property profile & analytics
OFF-MARKET
Retail space

115 Park Rd Columbus, OH 43235-6428

1,064 SF 0.48 ac lot Built 1920
Individually Owned 15-yr Hold ~ Est. High Equity
Property ID
US66-0464083
Property summary
AI-generated overview

This unique 1,316 square foot property at 115 Park Road in Columbus, Ohio, presents a compelling investment opportunity. Built in 1920, this special purpose building sits on a substantial 20,908.8 square foot lot, offering significant potential for expansion or development. The interior features an open-concept atrium ideal for entertaining or events, complemented by new Brazilian Maple hardwood floors. Nine-foot windows flood the space with natural light, creating a bright and airy atmosphere. The asking price is $499,000, translating to $379.18 per square foot. Located in Franklin County, Ohio, with a 43235 zip code, this property's blend of historical charm and modern updates makes it suitable for a variety of uses, from creative workspace to a single-family residence, or a lucrative investment. The expansive lot size provides ample room for future expansion or development, adding to its overall appeal and investment potential. This property offers a rare chance to acquire a piece of Columbus history with significant upside. The property's unique features and substantial lot size make it a truly exceptional offering.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction WOOD
Total area 1,064 SF
Lot 0.48 ac (20,909 SF)
APN 610-231138
UPID US66-0464083
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Coe Photographic Inc Marketing & Advertising Advertising Agency
  • 115 Park Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Peter J Coe · 15 yrs held
Peter J Coe
since 2011
Last sale
$455,000
2 recorded transactions
2011
Price N/A
2001
$243,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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