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Financial
Distress signals
Property profile

3093 Cleveland Ave Columbus, OH 43224

OFF-MARKET
Drug stores
Property ID
US66-6206985
14,678 SF 0.35 ac lot Built 2003
Last sale Jul 2005 · $5,635,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Columbus, Ohio Walgreens offers a compelling investment opportunity. The 14,264 square foot property, built in 2003, sits on a 0.998-acre lot and boasts a strong 11.00% cap rate, generating a $352,000 NOI. The absolute NNN lease with Walgreens, a highly creditworthy tenant, has a remaining term of 4.9 years, followed by 10 (5-year) option periods. There are no rent bumps and no landlord obligations. The property benefits from its prime location in a dense residential area, just two…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$48k
Tax billed · 2023
Assessed value$651k
Assessed land$40k
Assessed improvement$612k
Effective rate7.30%

Value estimate

· Oct 2026
$390k
$351k – $429k
Submarket $/SF estimate$1.85M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$87/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$34 – $126
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency26.5
Law Firm24.7
Dental Office22.1

Location

3093 Cleveland Ave Columbus, OH 43224-3684
County assessor Recorded deeds · 5 transfers 7 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2150 Innis, Columbus, OH 43224-3647 $1,500,000 Oct 2023 20,000 SF
1225 Oakland Park, Columbus, OH 43224-3319 $1,225,000 Oct 2023 6,459 SF
3196 Cleveland, Columbus, OH 43224-3692 $325,100 Oct 2022 4,845 SF
3080 Westerville, Columbus, OH 43224-3838 $200,000 Dec 2021 14,106 SF
1449 Oakland Park, Columbus, OH 43224-3509 $1,809,468 Sep 2021 7,908 SF
2045 Agler, Columbus, OH 43224-4519 $136,000 Dec 2020 4,620 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
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