907 Broad St Columbus, OH 43222-1420
This exceptional 0.74-acre property, located at 907 W Broad St, Columbus, OH 43222, presents a prime redevelopment opportunity in a designated Opportunity Zone. Currently vacant, this fee-simple land boasts 200+ feet of frontage on a hard corner at the southwest intersection of Broad Street and Martin Avenue, offering high visibility and significant foot traffic. The site's LC-4 zoning permits a mixed-use development, ideal for a vibrant multi-family and retail project. With a total square footage of 6,562 and ample parking, this location benefits from high-density demographics, situated within five miles of a population exceeding 340,000. The property sits on a major downtown Columbus thoroughfare experiencing over 17,000 vehicles per day. The asking price is $3,350,000. The parcel number is 010-046810-00. This is a rare chance to capitalize on the growth potential of Franklinton, a thriving Columbus submarket. The property's strategic location and zoning make it an attractive investment for developers seeking a high-impact project in a tax-advantaged area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.