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Property profile & analytics
OFF-MARKET
Retail space

3900 Noe Bixby Rd Columbus, OH 43232-6164

4,782 SF 0.33 ac lot Built 1910
Individually Owned 2-yr Hold Free & Clear
Property ID
US66-1452450
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Total area 4,782 SF
Lot 0.33 ac (14,288 SF)
APN 180-002174
UPID US66-1452450
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
E Jeannie Hemm Shaw · 2 yrs held
E Jeannie Hemm Shaw
since 2024
Last sale
$97,000
6 recorded transactions
2024
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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