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Property profile & analytics
OFF-MARKET Estimated value $705,000
Day care centers

36 Garfield Ave Columbus, OH 43205-1039

16,739 SF 0.29 ac lot Built 1926
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US66-0156605
Property summary
AI-generated overview

This unique 16,739 square foot property located at 36 S Garfield Avenue in Columbus, Ohio, presents a fantastic redevelopment opportunity. Originally constructed in 1926, this special purpose building previously served as a church and event space. The asking price is $875,000, translating to $32.36 per square foot. While the building requires substantial renovation, its considerable size and prime location offer significant upside potential for the right buyer. The property sits on a 12,632.4 square foot lot, providing ample space for future development or expansion. The net rentable square footage is 27,043 square feet, suggesting potential for multiple uses. This presents a rare chance to acquire a large, historic building in a desirable Columbus neighborhood (zip code 43205) with the potential for a high return on investment after necessary improvements. The property's history and unique architectural features offer a compelling foundation for a variety of creative repurposing projects. Serious inquiries only. Buyers should be prepared for significant renovation costs.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1926
Total area 16,739 SF
Lot 0.29 ac (12,850 SF)
APN 010-027049
UPID US66-0156605
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$760k
Blend (final) Blend
$705k
Owner & transaction history
Global Property Management Services · 7 yrs held
Global Property Management Services
since 2018
7 recorded transactions
2022
Price N/A
2018
$328,000
2011
$80,000
2011
$240,000
2002
$185,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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