2550 S Hamilton Rd Columbus, OH 43232
Property Lookup
Property profile & analytics
2550 S Hamilton Rd Columbus, OH 43232
- Drive through restaurants
- 1,798 SF
- 0.68 lot acres
Property ID
US66-2250649
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Tim Hortons / Cafe & Coffee Shop
Property Details for 2550 S Hamilton Rd
- Year built
- 2016
- Construction
- WOOD
- Lot size
- 0.68 lot acres
- Property size
- 1,798 SF
- Property type
- Drive through restaurants
- APN
- 010-017446
- APU
- 10017446
Description
This exceptional investment opportunity presents a net-leased Tim Hortons restaurant located at 2550 S Hamilton Rd, Columbus, OH 43232. The property boasts 1,789 square feet on a 0.67-acre lot, situated on Route 317 in a high-traffic retail area, less than three-quarters of a mile from the I-70 on-ramp. The current lease has 8.5 years remaining, followed by three five-year renewal options, providing long-term stability. The property offers a strong 6.64% cap rate and a substantial net operating income (NOI) of $102,850, with a sale price of $1,550,000 ($866.41 per square foot). The tenant is a 10-unit franchisee, adding further security to this investment. This is a single-tenant, NNN lease, minimizing landlord responsibilities. The property's prime location and strong tenant history make it an attractive addition to any investment portfolio. This is a 100% occupied property offering a compelling return on investment.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,350,000
- ML approach
- $1,415,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.8791
- Latitude
- 39.9247
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,273
$41,160
$113,160
$154,320
-
$117,600
$323,300
$440,900
