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Property profile & analytics
FOR SALE
Warehouses
1945 Jackson Rd, Columbus, OH 43223
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-0116799
For Sale
1 / 3
$1,495,000
1945 Jackson Rd, Columbus, OH 43223
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Property summary
AI-generated overview
This exceptional industrial investment opportunity presents a 18,444-square-foot warehouse situated on a substantial 3.25-acre lot in Southwest Columbus, Ohio. Built in 1973, the property boasts a 14-foot clear ceiling height, providing ample vertical space for various industrial uses. The warehouse features four dock-high doors for efficient loading and unloading, including one dock-high door and three drive-in doors. Its strategic location on Jackson Road offers convenient access to US-62, ensuring seamless transportation and logistics. The property comprises four parcels, providing flexibility and potential for future expansion. Ample parking is available, accommodating both employees and clients. This well-maintained warehouse presents a strong investment opportunity in a thriving industrial area, offering significant potential for return. The asking price for this prime industrial property is $1,495,000. The property's address is 1945 Jackson Road, Columbus, OH 43223, located in Franklin County.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1973
Total area
18,444 SF
Lot
2.5 ac (108,856 SF)
APN
140-003010
UPID
US66-0116799
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
-
JP Auto, llc Auto Repair Shop
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Brays fix Em Right Auto Repair Shop Insurance Agency
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Jackson Rd Depot - Capital City Online Auctions Trade Show Venue (Bike/Boat/Book/etc) Store
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GO LUCKY AUTO SALES LLC Car Dealership
-
JAG Graphics LTD (Bike/Boat/Book/etc) Store Printing Service
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
Union 911 LLC · 4 yrs held
Union 911 LLC
since 2022
Last sale
$300,400
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus submarket · NOI estimate · typical band, median & reading
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8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
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T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,846
Tax year 2023
Assessed value
$118,830
Assessed 2023
Previous assessed
$109,450
+8.6% YoY
Effective rate
9.13%
On assessed value
Assessed land
$28,980
Assessed improvement
$89,850
Land market value
$82,800
Improvement market value
$256,700
Total market value
$339,500
Applied tax rate
140.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Sale
Year built
1973
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
18,444 SF
Lot
2.5 ac (108,856 SF)
APN
140-003010
UPID
US66-0116799
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
Union 911 LLC
Entity
Mailing address
425 S PRINCETON AVE, COLUMBUS, OH 43223-1323
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2022
$300,400
Union 911 LLC
Cra Co Investments LLC
Warranty Deed
—
May 21, 2021
—
Cra Co Investments LLC
Ccs 3 LLC
Warranty Deed
$1,000,000 · First Merchants Bank
Apr 26, 2019
—
Ccs-3 LLC
Cra-co Investments LLC
Quit Claim Deed
related
$1,475,000 · Pender East Credit 1 Reit LLC
Dec 6, 2005
$275,000
Mark Lamson
1945 Jackson LLC
Grant Deed
—
Sep 14, 2005
$140,000
1945 Jackson LLC
Patricia R Krause
Deed
$155,000 · Sky Bank
Dec 1, 2004
—
Krause Jon W Trust
Forby,robert G SR
Quit Claim Deed
related
—
Jul 2, 1998
$350,000
Robert G Forby
Jon W Krause Trustee
Grant Deed
$348,000 · Krause Trust
—
—
1945 Jackson LLC
—
Deed Of Trust
related
$441,400 · Huntington National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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