$593,600 4,724 SF

1550 Cleveland Ave, Columbus, OH 43211
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This exceptional 4,724-square-foot special purpose property, situated at 1550 Cleveland Avenue in Columbus, Ohio, presents a unique investment opportunity. Built in 1946, the building currently functions as a commercial automotive garage and offers significant potential for repurposing given its prime location and size. The property boasts a generous 20,037.6-square-foot lot, providing ample space for expansion or additional development. The asking price is $593,600, translating to a price…

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?

$2k

Tax billed · 2023

Assessed value$30k

Assessed land$12k

Assessed improvement$18k

Effective rate7.31%

Value estimate

· Nov 2026

$340k

$306k – $374k

NOI build-up

Gross scheduled income$71k

Vacancy & credit loss−$6k

Operating expenses−$19k

NOI · 7.61% cap applied$45k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?

$159/SF

Submarket average, outlier-cleaned · 184 recorded sales of this use type

Observed band · Q1–Q3$73 – $281

Qualifying comparables6

Cap rate analysis

How does the asset earn?

7.61%

$45k estimated NOI · market benchmarks for this use type

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

Zoning insight

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: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency18.5

Law Firm17.5

Spa & Massage12.0

1550 Cleveland Ave Columbus, OH 43211

County assessor Recorded deeds · 3 transfers 6 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 · 17 properties nearby

Address Sale price Sold Size

1664 Hudson, Columbus, OH 43211-1624 $510,000 Aug 2023 3,998 SF

2305 Cleveland, Columbus, OH 43211-1607 $150,000 Nov 2022 5,117 SF

934 Hudson, Columbus, OH 43211-1263 $100,000 Jan 2022 3,288 SF

1386 Essex, Columbus, OH 43211-2632 $135,000 Aug 2021 3,638 SF

1687 Hudson, Columbus, OH 43211-1623 $360,000 Aug 2021 4,800 SF

1277-1279 Hudson, Columbus, OH 43211 $105,000 Mar 2019 3,632 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

Value Estimation
$820,000

5,518 SF

2403 Cleveland Ave

AUTO REPAIR, GARAGE

2403 Cleveland Ave, Columbus, OH 43211-1655

View Details
Value Estimation
$510,000

3,998 SF

1664 Hudson St

AUTO REPAIR, GARAGE

1664 Hudson St, Columbus, OH 43211-1624

View Details
Value Estimation
$335,000

3,632 SF

1277-1279 Hudson St

AUTO REPAIR, GARAGE

1277-1279 Hudson St, Columbus, OH 43211

View Details
Value Estimation
$350,000

3,536 SF

1891 Cleveland Ave

AUTO REPAIR, GARAGE

1891 Cleveland Ave, Columbus, OH 43211-2545

View Details
Value Estimation
$240,000

3,348 SF

1728 Myrtle Ave

AUTO REPAIR, GARAGE

1728 Myrtle Ave, Columbus, OH 43211-1638

View Details
Value Estimation
$310,000

2,998 SF

1212 Hudson St

AUTO REPAIR, GARAGE

1212 Hudson St, Columbus, OH 43211-1310

View Details

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