Financial
Distress signals
Property profile

175 S 3Rd St Columbus, OH 43215

FOR LEASE
Office buildings
Property ID
US66-1528980
207,784 SF 0.47 ac lot Built 1980
Last sale Jun 2010 · $470,000
Individually Owned Owner of record is an individual. 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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175 S 3Rd St, Columbus, OH 43215 For Lease
$12.50 SF/Yr
175 S 3Rd St, Columbus, OH 43215
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Property summary

AI-generated overview

An office property located in the Downtown Office Incentive Program boundaries, approximately two blocks from the Franklin County Courthouse, offering office suites with sizes ranging from 1,901 to 10,467 square feet. The building has local ownership with on-site property management and a front desk concierge. Tenant services include access to free public transportation through the Downtown C-Pass program and an on-site 20-seat conference room. Building systems include updated security with

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$449k
Tax billed · 2023
Assessed value$5.83M
Assessed land$567k
Assessed improvement$5.26M
Effective rate7.70%

Value estimate

· Sep 2026
$10.61M
$9.55M – $11.67M
Submarket $/SF estimate$9.39M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$142/SF
ZIP average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$73 – $213

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service10.3
Electrical Service9.9
Shoe Repair8.7

Location

175 S 3Rd St Columbus, OH 43215
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
920 Michigan, Columbus, OH 43215-1165 $1,975,000 Dec 2025 13,574 SF
2 Miranova, Columbus, OH 43215-5078 $13,155,000 Mar 2025 255,600 SF
37 Broad, Columbus, OH 43215-4132 $10,057,700 Dec 2024 299,537 SF
1144 Dublin, Columbus, OH 43215-1039 $1,650,000 Jul 2024 18,088 SF
161 High, Columbus, OH 43215-2402 $4,300,000 Jul 2024 27,267 SF
88 Broad, Columbus, OH 43215-3506 $12,025,000 Apr 2024 251,769 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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