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    620 Oak St Columbus, OH 43215-3918

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    620 Oak St Columbus, OH 43215-3918


    • Auto shops
    • 13,320 SF
    • 0.34 lot acres
    Off-Market
    Last Sale Feb 18, 2025
    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.

    Value Estimations
    $625,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty Sports Cars Inc / 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 estimation — 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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