Technical
Financial
Distress signals
Property profile

620 Oak St Columbus, OH 43215

OFF-MARKET
Auto shops
Property ID
US66-1920564
13,320 SF 0.34 ac lot Built 1905
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1905
Construction WOOD
Total area 13,320 SF
Lot 0.34 ac (14,854 SF)
APN 010-027472
UPID US66-1920564

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
  • Auto Repair Shop

Location

620 Oak St Columbus, OH 43215-3918
Columbus metro Census 4001 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
$782k
Blend (final) Blend
$470k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2013
$650,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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