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1325 E Dublin Granville Rd Columbus, OH 43229

Banks Google Maps
6,126 SF 1.07 ac lot Built 1971
Entity Owned 6-yr Hold Free & Clear
Estimated value (blended)
$350k
Range $315k – $385k (±10%)
Property ID US66-1415253

Property summary

AI-generated overview

This exceptional 6,126 square foot former Chase Bank building presents a unique redevelopment opportunity. Situated on a highly desirable 1.065-acre corner lot at the southwest intersection of East Dublin Granville Road (SR 161) and Satinwood Drive in Columbus, Ohio, this property boasts a prime location between I-71 and Karl Road, ensuring excellent visibility and accessibility. The building, constructed in 1971, features three drive-thru bays, ample parking (25 spaces with two access drives), and a finished basement with restrooms and multiple rooms. A bank vault remains on the first level. The property is zoned AR-O Apartment Office District, offering flexibility for various redevelopment projects. With an average daily traffic count exceeding 35,000 vehicles on East Dublin Granville Road, this location offers significant exposure to a large customer base. The asking price is $1,750,000 ($285.67 per square foot). A financial deed restriction is in place, expiring June 1, 2025. The property is currently vacant and available for occupancy September 9, 2024. The APN is 010-008926-00. This is an ideal investment for those seeking a high-visibility location with significant redevelopment potential in a thriving retail and residential area.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1971
Total area 6,126 SF
Lot 1.07 ac (46,479 SF)
APN 010-008926
UPID US66-1415253

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2020
Last sale
$350,000
1 recorded transaction
2020
$350,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
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More about this property
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