2880 High StColumbus, OH 43207

Property Details for 2880 High St

Year built

1968

Construction

WOOD

Lot size

0.86 AC

Property size (Sq ft)

4,565 SF

Property type

Retail properties

Property subtype

Gas stations

APN

010-013602

APU

10013602

Description

This exceptional 4,565 square foot Class C warehouse, located at 2880 S High St in Columbus, Ohio (Franklin County, zip code 43207), presents a compelling investment opportunity. The property sits on a 0.8691-acre lot, providing ample space for parking and outdoor storage. Previously utilized as an automotive service center, the building boasts recent interior improvements, enhancing its functionality and appeal. The 100% occupancy rate speaks to the property's strong tenant demand. Its prime location on S High St offers high visibility and prominent signage opportunities, maximizing exposure to a large volume of daily traffic. The property's APN is 010-013602-00. This single-building industrial property is priced at $700,000 and represents a solid investment in a thriving Columbus location. The property's size and location make it ideal for a variety of uses, offering significant potential for future growth and return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,131,084

  6.5%

  $1,044,078

  7%

  $969,501

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,076,066

  Geo Method

  $1,076,066

• Alternative Use

  Use

  Valuation

  Residential

  $880,719

  Hospitality

  $806,734

  Educational

  $671,193

  Medical

  $694,276

  Retail

  $1,044,078

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9028

Longitude

-82.9946

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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