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Property profile & analytics
OFF-MARKET
Strip malls

3860 Carlos Folger Dr Columbus, IN 47201-5683

11,100 SF 1.19 ac lot Built 2015
Entity Owned Absentee Owner Free & Clear
Property ID
US31-2994579
Property summary
AI-generated overview

This exceptional Class A retail space, located at 3860 W Carlos Folger Dr in Columbus, Indiana (zip code 47201), offers 2,200 square feet of immediately available space. The property is part of the River Bend West II development and features a single suite within the building. This is a fantastic opportunity for a small retail business seeking high visibility and excellent access. The space is situated in a high-traffic corridor off I-65, ensuring significant exposure to potential customers. The location boasts strong existing tenancy, including well-established businesses such as Speck's Pet Supply, Long's Mattress, Chicago Pizza, Papa's Grill, and PT Solutions, creating a vibrant and attractive retail environment. The affluent West Side of Columbus location, near Tipton Lakes, further enhances the desirability of this property. A planned traffic signal will improve access and visibility, making this an even more compelling opportunity. The minimum and maximum contiguous square footage available is 2,200 square feet, ideal for a single tenant seeking a prominent location. This property presents a rare chance to establish a business in a thriving retail center with strong existing tenants and excellent visibility. The coordinates for this property are 39.2011521 latitude and -85.9670931 longitude.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2015
Construction TYPE NOT SPECIFIED
Total area 11,100 SF
Lot 1.19 ac (51,836 SF)
APN 03-95-22-330-000.302-005
UPID US31-2994579
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
Current use
Occupant on record · Public records
  • 124 smoke shop (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • AppleTree Staffing Employment Agency
  • La Patrona Cantina and Grill Restaurant
  • Speck's Pet Supplies (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
RIVERBEND WEST LLC
RIVERBEND WEST LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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