Technical
Financial
Distress signals
Property profile

340 Greenlawn Ave Columbus, OH 43223

FOR SALE
Turn key restaurants
Property ID
US66-1375204
2,970 SF 0.65 ac lot Built 1963
Entity Owned 2-yr Hold ~ Est. High Equity
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For Sale
Contact for pricing 2,970 SF
340 Greenlawn Ave, Columbus, OH 43223
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Property summary

AI-generated overview

This exceptional 2,970-square-foot freestanding restaurant building is available for sale at $695,000. Located at 340 Greenlawn Avenue in Columbus, Ohio (zip code 43223), this single-unit property boasts excellent visibility and accessibility. Built in 1963 and extensively renovated in 2019, the building sits on a 0.64-acre lot and offers ample parking with 36 spaces on-site. The property benefits from a high-traffic location, directly off I-71 (124,837 vehicles per day) and Greenlawn Avenue (21,943 vehicles per day), providing significant exposure to potential customers. Its strategic position across from Berliner Park, a major softball complex attracting over 120,000 visitors annually, further enhances its appeal. The property is currently vacant, presenting a unique opportunity for a quick-service restaurant (QSR) or automotive-related business. The building is a single-story structure with easy ingress and egress at a signalized traffic light. The asking price per square foot is $234.01. This is a turnkey opportunity in a high-demand location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1963
Total area 2,970 SF
Lot 0.65 ac (28,445 SF)
APN 010-005872
UPID US66-1375204

Cap rate & NOI

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

Location

340 Greenlawn Ave Columbus, OH 43223
Columbus metro Census 5100 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
by Request
Comparable Approach Comparable
$749k
Blend (final) Blend
$670k

Owner & transaction history

since 2023
Last sale
$650,000
5 recorded transactions
2023
$650,000
2019
$550,000
2016
$420,000
2015
$330,000
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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