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Property profile & analytics

5100 Cleveland Ave Columbus, OH 43231-4780

  • Retail space
  • 1,079 SF
  • 0.22 lot acres
OFF-MARKET
Last Sale
Jul 28, 2025
$285,000
Value Estimations
$205,000
Show details
Cap Rate Potential
4.8%
Retail space
Location Intelligence
Property ID
US66-1066862
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.

Current Use by Public Records

  • Retail space

Property Details for 5100 Cleveland Ave

Year built
1962
Lot size
0.22 lot acres
Property size
1,079 SF
Property type
Retail space
APN
113-000585
APU
113000585

Description

This unique 1,999 square foot property at 5100 Cleveland Avenue in Columbus, Ohio, presents a compelling investment opportunity. Built in 1962, this special purpose building sits on a 9,583.2 square foot lot and is offered at $349,900 ($175.04 per square foot). The property features a dual-use configuration, currently operating as a blend of residential and commercial space. The upper level is residential, while the lower level has served as a beauty salon since at least 1999. This versatile layout offers significant potential for various uses, catering to both residential and commercial tenants. The property's location on a high-profile street in the 43231 zip code ensures excellent visibility and accessibility. Note that utilities are not currently separated between the upper and lower levels. This presents an opportunity for a savvy investor to capitalize on the existing setup or to renovate and reconfigure the space to maximize its potential. The property's size and location make it an ideal investment for those seeking a unique and adaptable asset in a thriving Columbus neighborhood. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $260,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $205,000
    6.5%
    $190,000
    7%
    $180,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $186,000
    Market price range: $55.8k - $186k
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $170,000

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


Location Insight

  • Map
  • Local Demand
City
Columbus
County
Franklin
State
Ohio
Longitude
-82.9515
Latitude
40.0737
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
$3,890
$15,020
$34,650
$49,670
-
$42,900
$99,000
$141,900
More about this property
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