Realmo Analytics

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Property profile

2631 Morse Rd C Columbus, OH 43231

FOR SALE
Retail space
Property ID
US66-3978705
37,500 SF 2.8 ac lot Built 1983
Last sale Oct 2017 · $1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 2631 Morse Road in the Northland area of Columbus, OH 43231, Suite C is a warehouse-office suite with approximately 2,700 SF of warehouse space and approximately 1,762 SF of office space for a total of about 4,462 SF. The warehouse is heated and air conditioned and includes a 12-foot drive-in door for direct loading and service access. The suite is identified by a dedicated monument sign on the property frontage. The building was constructed in 1983 and is zoned CAC, and this…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$40k
Tax billed · 2023
Assessed value$573k
Assessed land$171k
Assessed improvement$402k
Effective rate6.94%

Value estimate

· Oct 2026
$840k
$756k – $924k
Submarket $/SF estimate$1.78M
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 176,430.00% cap applied$18k

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

Recently sold

What actually traded nearby?
$107/SF
Submarket average, outlier-cleaned · 315 recorded sales of this use type
Observed band · Q1–Q3$52 – $173
Qualifying comparables3

Cap rate analysis

How does the asset earn?
176,430.00%
$18k 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 agency43.7
Law Firm39.8
Spa & Massage21.5

Location

2631 Morse Rd, Unit C Columbus, OH 43231
County assessor Recorded deeds · 9 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4460 Cleveland, Columbus, OH 43231-5803 $147,000 Jun 2024 3,520 SF
4664 Cleveland, Columbus, OH 43231-5828 $520,000 Dec 2023 5,484 SF
4662 Cleveland, Columbus, OH 43231-5828 $520,000 Dec 2023 3,750 SF
4490 Cleveland, Columbus, OH 43231-5804 $130,000 Oct 2021 1,282 SF
4744 Cleveland, Columbus, OH 43231 $56,000 Mar 2021 504 SF
5200 Cleveland, Columbus, OH 43231-4756 $150,000 Aug 2019 4,400 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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