4570 Broad St Columbus, OH 43228-1644
- Auto shops
- 3,980 SF
- 0.51 lot acres
Current Use by Public Records
- Tommy's Chicken's / Takeout Restaurant
Property Details for 4570 Broad St
- Year built
- 1985
- Lot size
- 0.51 lot acres
- Property size
- 3,980 SF
- Property type
- Auto shops
- APN
- 240-002865
- APU
- 240002865
Description
This exceptional 4,046-square-foot retail space, formerly a Tire Choice, is ideally situated on West Broad Street in Columbus, Ohio, at 4570 W Broad St, zip code 43228. The property boasts a convenient single-tenant occupancy and sits on a 0.54-acre lot (APN 240-004285). Its prime location offers excellent visibility and accessibility, being directly west of I-270, a major east-west thoroughfare in Columbus. This established retail corridor has seen recent development, a testament to its enduring appeal. The property benefits significantly from its proximity to the Hollywood Casino, attracting over three million visitors annually, and the recent redevelopment of the former Westland Mall site, adding over 80 acres of potential for future growth and increased traffic in the area. The entire space is currently vacant, presenting a unique opportunity for a variety of retail businesses to establish a strong presence in a high-traffic location. This property offers significant potential for a business seeking a well-located, sizable space in a thriving commercial area. The property is zoned for retail use.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $340,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $410,000
- 6.5%
- $480,000
- 7%
- $400,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $475,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $350,000
- Retail
- $420,000
- Mixed-Use
- $480,000
- Hospitality
- $395,000
- Educational
- $370,000
- Residential Income
- $480,000
- Energy
- $390,000
- Income-Based Land
- $465,000
- Food Service
- $360,000
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.1229
- Latitude
- 39.953
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA