2081 Morse Rd, Columbus, OH 43229-6668
This exceptional 2,537 square foot retail property, located at 2081 Morse Road in Columbus, Ohio, presents a unique investment opportunity. Situated on a 0.63-acre lot in the Northeast Columbus submarket of Franklin County, this former fast-food restaurant boasts a highly desirable drive-thru and ample parking. Built in 1991, the entire building (2,537 square feet) is currently vacant, offering a blank canvas for a new tenant or a complete redevelopment. The property benefits from its location on Morse Road, a major east-west thoroughfare in Columbus, ensuring high visibility and significant traffic exposure. Over 34,000 vehicles pass by daily, providing excellent potential for customer reach. The surrounding area is a dense retail hub, anchored by established businesses such as Kroger, Rose's Discount Store, and Aldi, creating a strong commercial environment and attracting a substantial customer base. This location offers immediate access to a high-traffic area with a proven track record of retail success, making it an ideal site for a variety of fast-food or quick-service restaurant concepts. The property's existing infrastructure, including the drive-thru, significantly reduces the initial investment required for a new business. This is a rare opportunity to acquire a well-positioned retail property in a thriving Columbus commercial corridor. The 43229 zip code ensures easy access to a large and diverse population.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.