Financial
Distress signals
Property profile

840-844 Grandview Ave Columbus, OH 43215

FOR LEASE
Retail space
Property ID
US66-2502574
12,038 SF 0.13 ac lot Built 1987
Last sale Dec 2018 · $10,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This restaurant/retail space is located within the White Castle redevelopment project on Goodale Street in Columbus, Ohio. The building provides 9,520 square feet and is designed to be divisible to approximately 3,200 square feet. The restaurant space includes an option for an outdoor patio and is part of a mixed-use development that also contains office space, multi-family residences, an event center, and outdoor areas. The site is positioned near Grandview Yard and Downtown Columbus and offers access to SR-315 and I-670, with views toward downtown.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$20k
Assessed land$20k
Effective rate8.47%

Value estimate

· Sep 2026
$450k
$405k – $495k
AI approach$340k
NOI build-up
Gross scheduled income$94k
Vacancy & credit loss−$8k
Operating expenses−$26k
NOI · 239,804.00% cap applied$60k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$107/SF
Submarket average, outlier-cleaned · 315 recorded sales of this use type
Observed band · Q1–Q3$52 – $173

Cap rate analysis

How does the asset earn?
239,804.00%
$60k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply25.9
Wholesale Shop21.5
Dental Office19.7

Location

840-844 Grandview Ave Columbus, OH 43215
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
648 Grandview, Columbus, OH 43215-1120 $3,100,000 Nov 2023 8,236 SF
95 Grant, Columbus, OH 43215-1803 $2,600,000 Apr 2023 11,640 SF
1150 Dublin, Columbus, OH 43215-1039 $2,452,500 Jul 2021 9,000 SF
668 Grandview, Columbus, OH 43215-1120 $2,950,000 Apr 2021 8,334 SF
383 Broad, Columbus, OH 43215-3818 $675,000 Nov 2020 6,620 SF
175 Rich, Columbus, OH 43215 $2,100,000 Dec 2018 10,003 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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