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Property profile & analytics

620 Oak St Columbus, OH 43215-3918

  • Auto shops
  • 13,320 SF
  • 0.34 lot acres
OFF-MARKET
Last Sale
Feb 18, 2025
Value Estimations
$490,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US66-1920564
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

  • Specialty Sports Cars Inc / Car Repair And Maintenance Service / Auto Repair Shop

Property Details for 620 Oak St

Year built
1905
Construction
WOOD
Lot size
0.34 lot acres
Property size
13,320 SF
Property type
Auto shops
APN
010-027472
APU
10027472

Description

This exceptional Columbus, Ohio mixed-use property at 620 Oak St., offers a unique investment opportunity. The 28,080 square foot, two-story brick building is currently zoned as a commercial warehouse but presents significant potential for redevelopment. The main level is occupied by an established luxury automobile mechanics business, complete with drive-in doors, lifts, and office spaces. This existing business, along with another on-site business, are included in the sale and their employees are open to remaining. The second floor provides a vast, open space ready for creative transformation. Access to the second floor is available via an auto ramp or stairs. This adaptable space allows for a variety of uses, including residential conversion or expansion of the existing retail space. The property's size and location in Franklin County, Ohio, zip code 43215, make it an attractive prospect. Depending on the chosen development plan, this property may qualify for Opportunity Zone funds, offering additional investment incentives. The asking price is $2,000,000, translating to $71.23 per square foot. This presents a compelling opportunity to acquire a substantial property with existing income streams and significant upside potential in a thriving urban area. The property's versatility and existing infrastructure make it an ideal canvas for a visionary developer.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $470,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $781,000
    Market price range: $468k - $1.34M

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


Location Insight

  • Map
  • Local Demand
City
Columbus
County
Franklin
State
Ohio
Longitude
-82.9839
Latitude
39.9631
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
$20,225
$187,080
$84,140
$271,220
-
$534,500
$240,400
$774,900
More about this property
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