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Property profile & analytics

2575 High St Columbus, OH 43207-2958

  • Warehouses
  • 3,500 SF
  • 0.99 lot acres
OFF-MARKET
Last Sale
Mar 28, 2023
$400,000
Value Estimations
$425,000
Show details
Cap Rate Potential
9.9%
Warehouses
Location Intelligence
Property ID
US66-2694535
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.

Current Use by Public Records

  • B & T Auto Sales And Repair / Auto Repair Shop / Used Car Dealer
  • P3 magic theater / Performing Arts Theater
  • Hb & Gb Used Tires Llc. / Tire Shop

Property Details for 2575 High St

Year built
2004
Construction
WOOD
Lot size
0.99 lot acres
Property size
3,500 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
010-113151
APU
10113151

Description

This exceptional 0.84-acre commercial property in Columbus, Ohio, presents a unique investment opportunity. Currently operating as a thriving automotive repair shop and used car dealership, the property boasts a 3,500-square-foot building featuring four 10x8 drive-in doors. Ample parking and storage are available, complemented by a highly desirable location on S High Street, experiencing a daily traffic count of 21,300 vehicles. Prominent signage ensures high visibility. The property is equipped with 3-phase power, a significant advantage for various businesses. This sale includes all existing equipment, the established business operations, and the real estate itself, offering a turnkey solution for a new owner. Recently rezoned as a Community Activity Center (CAC), this property unlocks a wide range of potential uses. The CAC zoning permits mixed-use developments up to seven stories high, opening doors to diverse possibilities. Approved uses include, but are not limited to, automotive services, quick-service restaurants, grocery stores, hotels, fitness centers, medical offices, daycares, community facilities, entertainment venues, and more. This prime location and flexible zoning make this property an attractive investment with significant upside potential. The high daily traffic count and prominent street frontage ensure strong visibility and accessibility for any future business.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $410,000
    ML approach
    $405,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $680,000
    6.5%
    $625,000
    7%
    $580,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $418,000
    Market price range: $134k - $419k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Columbus
County
Franklin
State
Ohio
Longitude
-82.9958
Latitude
39.9092
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
$6,637
$30,870
$59,990
$90,860
-
$88,200
$171,400
$259,600
More about this property
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