Individually Owned 
For Sale
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434 Frebis Ave, Columbus, OH 43206
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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
Current use
Occupant on record · Public records
-
Car Wash
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
since 2012
Last sale
$250,000
2 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$280k
Value range
$252k – $308k
±10% around blend
Estimated value / SF
$144 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
40
Income certainty
100
$252k
blend $280k
$308k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,950 SF
Lot area
0.23 ac
Year built
2002
Stories
1
APN
010-252846
Assessed value
$59,710
Annual tax
$4,362
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$4,362
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$189k
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.2 mi away · 1,648 SF
14.8 mi away · 2,520 SF
23.3 mi away · 1,740 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$280k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 184 sales
$159
-9%
County 225 sales
$165
-13%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $144/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
6.61%
Selected cap rate for this self service car washes
Derived from the Columbus market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.61%
9.0%
NOI (est.)
$26k *
Last sale · May 2025
$250k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$395k
Move the market yield to see immediate price impact.
Value / SF
$203
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.11%6.61%7.11%
$24k
$385k
$356k
$331k
$26k
$427k
$395k
$367k
$29k
$470k
$435k
$404k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$190k
3.6 mi · Feb 2026 · $97/SF
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Self service car washes
Use group
CAR WASH - SELF-SERVE
Status
For Sale
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
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
2002
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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