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Property profile

2575 High St Columbus, OH 43207

OFF-MARKET
Warehouses
Property ID
US66-2694535
View Sample
3,500 SF 0.99 ac lot Built 2004
Entity Owned 3-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2004
Construction WOOD
Total area 3,500 SF
Lot 0.99 ac (43,299 SF)
APN 010-113151
UPID US66-2694535

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
  • Auto Repair Shop
  • Theater & Performing Art Venue
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2023
Last sale
$575,000
5 recorded transactions
2023
$400,000
2013
$187,000
2007
$250,000
2003
$15,000
2001
$67,500

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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