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    865 Parsons Ave Columbus, OH 43206

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    865 Parsons Ave Columbus, OH 43206


    • Retail space
    • 8,806 SF
    • 0.44 lot acres
    Retail Space on Parsons Avenue For Lease
    $710,000

    Retail Space on Parsons Avenue

    Retail space available for rent on Parsons Avenue.

    865 Parsons Ave, Columbus, OH 43206
    View Listing
    Property ID
    US66-6023808
    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
    $710,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Family Dollar / Discount Store
    • LibertyX Bitcoin ATM / Atm

    Property Details for 865 Parsons Ave

    Year built
    2009
    Lot size
    0.44 lot acres
    Property size
    8,806 SF
    Property type
    Retail space
    APN
    010-018530
    APU
    10018530

    Description

    This freestanding 7,807 square foot retail building in Columbus, Ohio, is currently occupied by a Family Dollar. Located at 865 Parsons Ave, in Franklin County (zip code 43206), the property boasts 22 parking spaces and 140 feet of frontage on Parsons Avenue, a road with 19,166 vehicles passing daily. Its strategic location offers convenient access to major travel routes and benefits from proximity to Nationwide Children's Hospital, the second largest pediatric hospital in the USA, attracting over 1.8 million patient visits and employing over 20,000 people. The area is experiencing significant growth, with several major development projects underway in the immediate vicinity. These include an 86-unit mixed-use development at 870 Parsons Ave, a 34-unit mixed-use development (including 5,000 square feet of commercial space) known as The Eleanor on Parsons, and a 180-unit mixed-use development (with 18,000 square feet of commercial space) at 476 E Livingston Avenue. This presents a compelling investment opportunity in a high-growth area with strong demographics and excellent visibility. The entire 7,807 square feet is available.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $510,000
      ML approach
      $530,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $990,000
      Market price range: $455k - $1.52M
      AI Estimate
      $812,000
      Market price range: $480k - $1.29M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $945,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $950,000
      Change: +1% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9832
    Latitude
    39.946
    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
    $18,503
    $32,200
    $221,100
    $253,300
    -
    $92,000
    $631,700
    $723,700
    View Listing
    More about this property
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