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Property profile & analytics
OFF-MARKET
Gas stations

4636 Karl Rd Columbus, OH 43229-6400

7,108 SF 0.93 ac lot Built 1979
Entity Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US66-6024090
Property summary
AI-generated overview

This 7,108-square-foot retail building, formerly a Tire Choice, is situated on a 0.93-acre lot at 4636 Karl Road in Columbus, Ohio, zip code 43229. The property offers excellent visibility and accessibility, located on Karl Road with direct exposure to the intersection of Morse Road, boasting a combined daily traffic volume exceeding 48,000 vehicles. Karl Road itself sees over 18,000 vehicles per day, serving as a key north-south corridor connecting Morse and Dublin-Granville Roads. The building is currently vacant and presents a unique opportunity for a single tenant to establish themselves in a well-established and high-traffic area of Columbus. The property's location within the Morse Road trade area, known for its consistent strength and enduring market presence, provides a significant advantage. The parcel size offers ample space for potential expansion or outdoor uses. The property's APN is 010-138785. This is a single-tenant retail space ideal for auto-related businesses or other high-traffic retail uses. The property is ready for immediate occupancy.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1979
Total area 7,108 SF
Lot 0.93 ac (40,554 SF)
APN 010-138785
UPID US66-6024090
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
  • Tire Choice Auto Service Centers (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Realty Income Corp · 21 yrs held
Realty Income Corp
since 2004
3 recorded transactions
2005
Price N/A
2004
$650,000
1999
$870,800
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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