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    Property profile & analytics

    161 Grant Ave Columbus, OH 43215

    • Commercial real estate
    • 41,188 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-1447497
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Amelita Mirolo Fine Arts Building / College
    • Beaton Gallery / Art Gallery

    Property Details for 161 Grant Ave

    Year built
    1924
    Lot size
    0.48 lot acres
    Property size
    41,188 SF
    Property type
    Commercial real estate

    Description

    This four-story, 41,188-square-foot Class B office building at 161 N Grant Ave in Columbus, Ohio, presents a compelling redevelopment or owner-occupant opportunity. Situated on approximately 0.48 acres across two parcels in the Warehouse District, this property boasts a prime location at the corner of N Grant Ave and E Spring St. Built in 1924, the building is zoned Downtown District & Parking Zone B, offering flexibility for various uses. Its central location provides easy access to I-670, I-71, and SR-315, along with numerous restaurants, hotels, and the Convention Center. The property's proximity to many new developments further enhances its investment potential. The asking price is $3,600,000. This former Columbus College of Art and Design building offers a unique chance to capitalize on the vibrant growth of downtown Columbus.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9921111
    Latitude
    39.9667678

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    161 Grant Ave
    Columbus, OH 43215
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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