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    Property profile & analytics

    4030 Morse Rd, Unit 4038 Columbus, OH 43219-3018

    • Strip malls
    • 14,400 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    $1,405,000
    Last Sale
    Oct 12, 2023
    $1,407,173
    Location Intelligence
    Property ID
    US66-2004211
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Eyemart Express / Sunglasses Store / Eye Care Center
    • Dr. David Gill, Optometrist / Optician / Optometrist
    • Nina C. Bhat, OD / Doctor

    Property Details for 4030 Morse Rd

    Year built
    2006
    Lot size
    1.03 lot acres
    Property size
    14,400 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    010-213780
    APU
    10213780

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,480,000
      6.5%
      $1,465,000
      7%
      $1,335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,345,000
      Geo Method
      $1,255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,165,000
      Retail
      $1,370,000
      Mixed-Use
      $1,155,000
      Hospitality
      $1,520,000
      Educational
      $1,460,000
      Residential Income
      $1,425,000
      Energy
      $1,180,000
      Income-Based Land
      $1,115,000
      Food Service
      $1,460,000

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9089
    Latitude
    40.0581
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $69,117
    $391,440
    $554,750
    $946,190
    -
    $1,118,400
    $1,585,000
    $2,703,400

    Comparable in this City

    • Value Estimation by Request
      0.09 Acres

      2762 5th Ave, Unit 2776

      SHOPPING CENTER, STRIP CENTER • 0.09 Acres
      2762 5th Ave, Columbus, OH 43219-2832
      View Details
    • Value Estimation by Request
      4,224 SF

      4038 Morse Rd

      SHOPPING CENTER, STRIP CENTER • 4,224 SF
      4038 Morse Rd, Columbus, OH 43219-3018
      View Details
    • Value Estimation by Request
      10,945 SF

      4155 Morse Xing

      SHOPPING CENTER, STRIP CENTER • 10,945 SF
      4155 Morse Xing, Columbus, OH 43219-6015
      View Details
    • Value Estimation by Request
      24,524 SF

      3940 Morse Xing, Unit 3954

      SHOPPING CENTER, STRIP CENTER • 24,524 SF
      3940 Morse Xing, Columbus, OH 43219-6081
      View Details
    • Value Estimation by Request
      20,191 SF

      3876 Townsfair Way, Unit 3888

      SHOPPING CENTER, STRIP CENTER • 20,191 SF
      3876 Townsfair Way, Columbus, OH 43219-6173
      View Details
    • Value Estimation by Request
      14,967 SF

      2210 Mock Rd, Unit 2238

      SHOPPING CENTER, STRIP CENTER • 14,967 SF
      2210 Mock Rd, Columbus, OH 43219-1261
      View Details

    Similar Nearby for Sale

    • $3,200,000
      7,967 SF

      Buffalo Wild Wings Ground Lease

      Single-tenant retail property in the Easton Shopping Corridor.
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      13,200 SF

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    Similar Nearby for Lease

    • Contact for pricing
      51,950 SF

      Easton Square Retail Opportunity

      Retail space in dynamic central Ohio shopping center.
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      7,671 SF

      Freestanding Restaurant Space Near Easton

      Former restaurant space for lease near Easton Town Center.
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    • Contact for pricing
      552,280 SF

      Easton Market Retail Space Available

      Prime Columbus retail space, multiple units.
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    • Contact for pricing
      2,313 SF

      Retail Space Near Easton Center

      White-box retail space adjacent to Easton Town Center.
      4030-4038 Morse Rd, Columbus, OH 43219
      View Details
    • $4,000 /Mo
      3,580 SF

      Renovated Retail/Flex Space Sublease

      Move-in ready 3,580 SF retail/flex space available for sublease.
      818 Rose Ave, Columbus, OH 43219
      View Details
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    4030 Morse Rd, Unit 4038
    Columbus, OH 43219-3018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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