Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

2081 Morse Rd Columbus, OH 43224

FOR SALE
Drive through restaurants
Property ID
US66-2619875
1,961 SF 0.62 ac lot Built 1991
Last sale Sep 2023 · $738,900
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

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…

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.

Debts

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?
$23k
Tax billed · 2023
Assessed value$308k
Assessed land$119k
Assessed improvement$189k
Effective rate7.62%

Value estimate

· Oct 2026
$760k
$684k – $836k
AI approach$725k
Submarket $/SF estimate$719k
NOI build-up
Gross scheduled income$49k
Vacancy & credit loss−$3k
Operating expenses−$11k
NOI · 3.09% cap applied$34k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$228/SF
Submarket average, outlier-cleaned · 147 recorded sales of this use type
Observed band · Q1–Q3$110 – $367
Qualifying comparables3

Cap rate analysis

How does the asset earn?
3.09%
$34k estimated NOI · market benchmarks for this use type

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

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency32.3
Law Firm30.7
Building Supply17.3

Location

2081 Morse Rd Columbus, OH 43224
County assessor Recorded deeds · 4 transfers 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1573 Schrock, Columbus, OH 43229-1596 $2,400,000 Jan 2026 3,758 SF
1501 Dublin Granville, Columbus, OH 43229-3307 $3,675,000 May 2025 1,964 SF
6188 Ambleside, Columbus, OH 43229-1903 $200,000 Nov 2024 3,104 SF
6030 Busch, Columbus, OH 43229-2506 $700,000 Jun 2024 3,041 SF
1900 Tamarack S, Columbus, OH 43229-4504 $200,000 Mar 2023 1,416 SF
1761 Dublin Granville, Columbus, OH 43229-3502 $1,219,600 Jan 2023 2,699 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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again