Technical
Financial
Distress signals
Property profile

2315 Cherry St Columbus, IN 47201

OFF-MARKET
Warehouses
Property ID
US31-1420108
6,360 SF 0.23 ac lot Built 1981
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This 6,300 square foot flex space in Columbus, Indiana, offers exceptional versatility for a single business or multiple ventures. The property features a robust Armco steel frame, expertly installed by Force Construction, ensuring durability and longevity. Two warehouse spaces provide flexible storage options; one with two double doors and the other with an overhead door. A dedicated front office area is ideal for reception, administration, or a showroom. Most interior walls are easily removable, allowing for customizable layouts. Located at 2315 N Cherry St, this property boasts a convenient location with easy access to major roads and highways, making it ideal for local and regional businesses. The lot size ranges from 7,000 to 10,000 square feet. Built in 1981 and renovated in 1981, this property presents a unique opportunity for businesses seeking adaptable space in a prime location. The asking price is $499,900, with a price per square foot of $79.35. This property is zoned for industrial use and offers ample space for a variety of business needs. The combination of its strong structure, flexible layout, and strategic location makes it an attractive investment opportunity.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1981
Construction TYPE NOT SPECIFIED
Total area 6,360 SF
Lot 0.23 ac (10,160 SF)
APN 03-96-18-310-004.300-005
UPID US31-1420108

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Renovation Specialist General Contractor
  • Architect

Location

2315 Cherry St Columbus, IN 47201-4321
Columbus metro Census 10200 COLUMBUS, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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