2846 Stelzer Road, Columbus, OH 43219

$1,100,000
Property Type: Land/Farm Lot Size (sq. ft.): 30,056 Status: Closed
Current Price: $1,100,000 List Date: 3/13/2025 Last Modified: 7/24/2025

Overview

Description

ABSOLUTE NNN INVESTMENT JUST A MILE SOUTH OF EASTON! Fee interest of the 0.694 +/- acre outlot that has been long term ground leased. 1,641 +/- SF building is situated on an outparcel to the multi-tenant strip center. Tenant has operated at his location over 15 years. Current term expires July 2031 with options to extend to 2051. Absolute NNN - tenant pays for all interior and exterior repairs, maintenance, and replacement of any part of the premise or building in addition to taxes, insurance and access road maintenance. Rent increases every 5 years. Excellent investment opportunity close to Easton!

Listing Details MLS# 225007627

Location Property Info

Original List Price
1200000
Property Sub Type
Retail
Street #
2846
Street Name
Stelzer
Street Suffix
Road
County
Franklin
State
OH
Zip Code
43219
School District
GAHANNA JEFFERSON CSD 2506 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2025-03-13

General Property Info

Acreage
0.69
Residential Dwelling/Other Structure Y/N
No
# of Buildings
Yes
Building Sq Ft
1641
Year Built
2008
Built Prior to 1978
No

Tax Info

Parcel #
520-288027
Zoning
CPD
Multiple Parcels
No
Tax Year
2024
Tax Abatement
No
Taxes (Yrly)
25188

Status Change Info

Under Contract Date
2025-05-09
Sold Date
2025-07-23
Sold Price/Acre
1594202.9

Auction Info

Auction/Online Bidding Y/N
No

More Information

Location & Property Info

List Price/Acre
1739130.43
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

For Sale
Yes
For Exchange
No
For Lease
No

Remarks & Misc

Property Description
ABSOLUTE NNN INVESTMENT JUST A MILE SOUTH OF EASTON! Fee interest of the 0.694 +/- acre outlot that has been long term ground leased. 1,641 +/- SF building is situated on an outparcel to the multi-tenant strip center. Tenant has operated at his location over 15 years. Current term expires July 2031 with options to extend to 2051. Absolute NNN - tenant pays for all interior and exterior repairs, maintenance, and replacement of any part of the premise or building in addition to taxes, insurance and access road maintenance. Rent increases every 5 years. Excellent investment opportunity close to Easton!

Income/Expenses

Gross Income
61794.15
Net Operating Income
61794.15
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Alternate Uses

Commercial
Yes
Office
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available Alternate Uses: Commercial; Office MLS Primary PhotoSrc: Realtor Provided
Listing Office: The Robert Weiler Company
Listing Agent: Robert J Weiler
Last Updated: July - 24 - 2025
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