Back to Search
Property profile & analytics
OFF-MARKET
Self service car washes
434 Frebis Ave Columbus, OH 43206-3634
Individually Owned
14-yr Hold
Free & Clear
Property ID
US66-1263166
Property summary
AI-generated overview
This exceptional 1,950 square foot car wash, built in 2002, is situated on a 10,454.4 square foot lot in Columbus, Ohio's Marion Village neighborhood. Priced at $395,000 ($202.56/sq ft), this property presents a compelling investment opportunity. The established business boasts updated equipment and includes vending machines selling car accessories and cleaning supplies. Existing maintenance personnel are willing to remain. The property's prime location offers easy access to High Street, I-71, State Route 104, and Downtown Columbus (less than 20 minutes away). A nearby COTA bus stop enhances accessibility. This versatile property allows for continued operation as a car wash, structural conversion, or new construction. The seller is open to owner financing, making this an attractive proposition for various investors. The property's address is 434 Frebis Avenue, Columbus, OH 43206. This is a rare chance to acquire a thriving business with significant upside potential in a high-traffic area.
Property profile
Verified
Property type
Self service car washes
Use group
CAR WASH - SELF-SERVE
Year built
2002
Total area
1,950 SF
Lot
0.23 ac (10,193 SF)
APN
010-252846
UPID
US66-1263166
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
-
Car Wash Car Wash
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
Car Wash Systems Vi L Advanced · 14 yrs held
Car Wash Systems Vi L Advanced
since 2012
Last sale
$250,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,362
Tax year 2023
Assessed value
$59,710
Assessed 2023
Previous assessed
$52,330
+14.1% YoY
Effective rate
7.31%
On assessed value
Assessed land
$16,170
Assessed improvement
$43,540
Land market value
$46,200
Improvement market value
$124,400
Total market value
$170,600
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Self service car washes
Use group
CAR WASH - SELF-SERVE
Status
Off-Market
Year built
2002
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
1,950 SF
Lot
0.23 ac (10,193 SF)
APN
010-252846
UPID
US66-1263166
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2002
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Car Wash Systems Vi L Advanced
Individual
Free & Clear · 14 yrs held
Mailing address
6951 STATE RTE 104PI, LOCKBOURNE, OH 43137-9712
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2012
$55,000
Car Wash Systems Vi L Advanced
Dp Frebis Avenue
Warranty Deed
—
May 7, 2003
—
Frebis Avenue Dp
Downey,andrew A & Kathleen M
Quit Claim Deed
related
$235,000 · Champaign Nat'l Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 434 Frebis Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
