3900 Noe Bixby Rd Columbus, OH 43232-6164
This 4,782 square foot special purpose building, situated on a 14,374.8 square foot lot at 3900 Noe Bixby Road in Columbus, Ohio, presents a unique investment opportunity. Built in 1910 and extensively renovated in 2022, the property boasts a beautiful plantation style and is currently configured as retail space. The high-traffic location sees over 7,000 cars daily, according to ODOT data. Ample parking accommodates approximately 16 vehicles, with multiple entrances and large display windows enhancing visibility. The building features forced air heating, and its layout is exceptionally versatile. Previous uses include retail and daycare, with approvals in place for the latter. The property's adaptable design also lends itself to a variety of other uses, including a funeral home, workshops, church, small shops, medical offices, and more. The upper level possesses existing plumbing and wiring, suggesting potential for multi-family conversion. A new roof and ongoing minor repairs by the seller minimize immediate maintenance concerns. The asking price is $299,000, translating to $62.53 per square foot. The seller is motivated.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.