Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4133 Main St Columbus, OH 43213-2951
    Property profile & analytics

    4133 Main St, Columbus, OH 43213-2951

    View on Map
    • Investment properties
    • 7,756 SF
    • 0.29 lot acres
    Off-Market
    Property ID
    US66-6134439
    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.
    Value Estimations
    $1,205,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • AHC Chimney Cleaning & Chimney Inspection Services OH / Home Health Care Service

    Property Details for 4133 Main St

    Year built
    1958
    Lot size
    0.29 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    090-001998
    APU
    90001998

    Description

    This exceptional 7,756 square foot office building, located at 4133 E Main Street in Columbus, Ohio, presents a compelling investment opportunity. The property, built in 1958 and extensively renovated in 2020, features a total of two units, each offering 7,756 square feet of net rentable space. Currently at 50% occupancy, this presents a chance to increase revenue streams. The asking price is $799,999, translating to $103.15 per square foot. The building boasts a newly updated roof, HVAC system, and plumbing, ensuring efficient and cost-effective operation. Situated on a 12,632.4 square foot lot, the property benefits from high visibility and accessibility due to its location on a busy street with significant foot and vehicle traffic. Its convenient proximity to major highways, public transportation, and a blend of residential and commercial developments further enhances its appeal and potential for attracting tenants. This property is ideal for a variety of businesses seeking a well-maintained, high-traffic location in a thriving Columbus neighborhood. The zip code is 43213, and the property is in Franklin County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,485,000
      6.5%
      $1,370,000
      7%
      $1,270,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,329,000
      Market price range: $309k - $1.40M
      AI Estimate
      $912,000
      Market price range: $169k - $912k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $755,000
      Current use
      RESTAURANT
      $1,770,000
      Change: +135% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,230,000
      Change: +63% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,125,000
      Change: +49% Conversion: Moderate
      OFFICE BUILDING
      $1,060,000
      Change: +41% Conversion: Easy
      MEDICAL BUILDING
      $1,045,000
      Change: +39% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $840,000
      Change: +11% Conversion: Difficult
      RETAIL STORES
      $825,000
      Change: +10% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.888
    Latitude
    39.9555
    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
    $14,725
    $44,630
    $151,900
    $196,530
    -
    $127,500
    $434,000
    $561,500

    Comparable in this City

    • Value Estimation by Request
      3,584 SF

      836 Hamilton Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      836 Hamilton Rd, Whitehall, OH 43213-3002
      View Details
    • Value Estimation by Request
      5,490 SF

      4551 Wright Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      4551 Wright Ave, Whitehall, OH 43213-3005
      View Details
    • Value Estimation
      $840,000
      8,280 SF

      4121 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      4121 Main St, Columbus, OH 43213-2951
      View Details
    • Value Estimation by Request
      5,579 SF

      121 Yearling Rd, Unit 131

      OFFICE/RESIDENTIAL (MIXED USE)
      121 Yearling Rd, Columbus, OH 43213
      View Details
    • Value Estimation
      $1,700,000
      10,767 SF

      6470 Broad St

      OFFICE/RESIDENTIAL (MIXED USE)
      6470 Broad St, Columbus, OH 43213
      View Details
    • Value Estimation by Request
      0.18 Acres

      Yearling Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      Yearling Rd, Columbus, OH 43213
      View Details

    Similar Nearby for Sale

    • $850,000

      Freestanding Office Building on Corner Lot

      Single-tenant office building on 1-acre corner lot with high visibility.
      698 Morrison Rd, Columbus, OH 43213
      View Details
    • $1,685,000

      Fully Occupied Church on 4 Acres

      Two-story church with 21,190 SF building on 4 acres.
      120 S Napoleon Ave, Columbus, OH 43213
      View Details
    • Contact for pricing
      85,084 SF

      Columbus Shopping Center For Sale

      85,084 square-foot shopping center in Columbus, Ohio.
      2361-2595 S Hamilton Rd, Columbus, OH 43213
      View Details
    • Contact for pricing
      9,789 SF

      Columbus Office Space For Rent

      Office space available for lease in Columbus, Ohio.
      6075 E Broad St, Columbus, OH 43213
      View Details
    • Contact for pricing
      4,380 SF

      Columbus Car Wash Investment Opportunity

      NNN leased car wash near Columbus Airport with corporate guaranty.
      3911 E Broad St, Columbus, OH 43213
      View Details
    • Contact for pricing

      Four-Unit Multifamily Property

      Fully occupied four-unit property near the airport and major routes.
      34 N Hampton Rd, Columbus, OH 43213
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Development in Whitehall, Ohio

      21-acre mixed-use development with office, retail, and apartments.
      Whitehall, OH 43213
      View Details
    • $249,900
      1,256 SF

      Freestanding Office Building in Whitehall

      Commercial property in Whitehall with redevelopment potential and flexible credit.
      746 S Yearling Rd, Columbus, OH 43213
      View Details
    • Contact for pricing

      Office/Medical Space for Lease

      Office/Medical space for lease, newly renovated, close to I-270.
      Columbus, OH 43213
      View Details
    • Contact for pricing
      3,789 SF

      Medical Office Building on Campus

      Class A medical building with flexible suite options available for rent.
      85 Mcnaughten Rd, Columbus, OH 43213
      View Details
    • Contact for pricing
      64,445 SF

      Infill Location Warehouse with Abatement

      Prominent end cap with 32' ceilings and real estate tax abatement.
      4712-4760 Poth Rd, Whitehall, OH 43213
      View Details
    • Contact for pricing
      4,425 SF

      Retail Space in Busy Center

      Neighborhood shopping center with high visibility and convenient parking.
      880-946 S Hamilton Rd, Whitehall, OH 43213
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4133 Main St
    Columbus, OH 43213-2951
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4133 Main St, Columbus, OH, 43213
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!