Technical
Financial
Distress signals
Property profile

3143 Main St Columbus, OH 43213

OFF-MARKET
Retail space
Property ID
US66-2594521
3,851 SF 0.44 ac lot Built 1999
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Columbus investment opportunity encompasses a thriving, long-established tool rental business, Murray's Tool Rental, Inc., operating since the 1950s. The sale includes both the business and the real estate, presenting a unique dual-income potential. The property consists of two buildings situated on a prominent 0.42-acre corner lot at the high-traffic intersection of Main Street and James Road, offering excellent visibility and accessibility. The older service station building offers approximately 1,416 square feet, while a newer building adds approximately 3,851 square feet of space, totaling 5,267 square feet. This family-owned and operated business boasts a remarkable 70-year history of success, providing a strong foundation for continued profitability. The versatile nature of the buildings and land allows for a variety of uses beyond the current tool rental operation, making it an attractive prospect for redevelopment or expansion. The asking price for this turnkey investment is $1,100,000. The property's prime location and established business create a compelling opportunity for investors seeking a blend of immediate income and long-term growth potential. The corner lot access on Main Street and James Road provides significant advantages for both business operations and future development possibilities.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1999
Construction WOOD
Total area 3,851 SF
Lot 0.44 ac (18,949 SF)
APN 010-088754
UPID US66-2594521

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3143 Main St Columbus, OH 43213
Columbus metro Census 2770 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2007
Price N/A
1969
Price N/A

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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