11 Nov The Pulse CBUS: The Crown Pointe sells for 18.7mm

A weekly update on the commercial real estate landscape of Columbus.

Commercial Sales Recorded Last Week

3473 Derrer Hill Dr, Columbus, OH 43204

Type: Multifamily
Price: $18,700,000 ($123,026 / Unit)
Buyer: MEADOWS AT SALEM RUN LLC
Elifin’s Notes: The Crown Pointe, a luxury apartment complex, sells as a collection of 152 condominiums.

4664 Kenny Rd, Columbus, OH 43220

Type: Multifamily
Price: $18,200,000 ($303,333 / Unit)
Buyer: KP TIC I LLC
Elifin’s Notes: KP TIC I LLC has acquired the second phase collection of condo units within the Kendall Park complex.

2045, 2047 Jewett Dr, Columbus, OH 43229

Type: Multifamily
Price: $13,350,000 ($310,465 / Unit)
Buyer: SANDS APARTMENTS LLC
Elifin’s Notes: A 43-unit multifamily property has been acquired by Sands Apartments LLC.

1285, 1401 Joyce Ave, Columbus, OH 43219

Type: Land
Price: $11,500,000 ($5.42 / Land SF)
Buyer: CENTRAL COLUMBUS COMMERCE 71 DEVELOPMENT LLC
Elifin’s Notes: A 48+ acre parcel of land sells near Maloney Park.

1479, 1481 N High St, Columbus, OH 43201

Type: Retail
Price: $3,000,000 ($857.14 / SF)
Buyer: 1479 HS PROPCO LLC
Elifin’s Notes: This is 1 of 2 retail properties purchased by a Pennsylvania-based LLC this past week.

4590 Indianola Ave, Columbus, OH 43214

Type: Retail
Price: $2,950,000 ($202.05 / SF)
Buyer: WALZ KRAFT COLUMBUS LLC
Elifin’s Notes: A veterinarian hospital trades in the Beechwold area.

6075 Taylor Rd, Columbus, OH 43230

Type: Retail
Price: $2,300,000 ($97.00 / SF)
Buyer: BLUE CAT PROPERTIES LLC
Elifin’s Notes: Blue Cat Properties has acquired a property with multiple industrial-warehouse improvements, known as the Winn Business Park.

5440 Fisher Rd, Columbus, OH 43228

Type: Land
Price: $1,600,000 ($20.41 / Land SF)
Buyer: BO JACK LLC
Elifin’s Notes: Bo Jack LLC has acquired a 1.8+ acre parcel of land at the intersection of Fisher Road and Hilliard Rome Road.

1491 – 1497 N High St, Columbus, OH 43201

Type: Retail
Price: $1,500,000 ($230.77 / SF)
Buyer: 1479 HS PROPCO LLC
Elifin’s Notes: This is 1 of 2 retail properties purchased by a Pennsylvania-based LLC this past week.

7.576 Acres Collings Dr, Lockbourne, OH 43137

Type: Land
Price: $975,000 ($2.95 / Land SF)
Buyer: EXETER COLLINGS LAND LLC
Elifin’s Notes: Exeter Collings Land has acquired a 7+ acre parcel of land in the industrial park on Collings Drive.

1087 – 1097 Stanley Ave, Columbus, OH 43206

Type: Multifamily
Price: $615,000 ($102,500 / Unit)
Buyer: IZARA LLC
Elifin’s Notes: Izara LLC has acquired a 6-unit multifamily property on Stanley Avenue.

520 S Front St, Columbus, OH 43215

Type: Retail
Price: $450,000 ($52.68 / SF)
Buyer: 520 SOUTH FRONT LLC
Elifin’s Notes: A restaurant/bar retail condo property sells on South Front Street.

4052, 4056 Broadway, Columbus, OH 43123

Type: Retail
Price: $450,000 ($101.65 / SF)
Buyer: 4056 BROADWAY LLC
Elifin’s Notes: A pair of commercial buildings sell along Broadway in Grove City.

3431 Westerville Rd, Columbus, OH 43224

Type: Retail
Price: $412,000 ($376.26 / SF)
Buyer: BROTHERS COMMERCIAL INC
Elifin’s Notes: An automotive sales property sells in the 3400 block of Westerville Road.

2660 Noe Bixby Rd, Columbus, OH 43232

Type: Retail
Price: $400,000 ($87.07 / SF)
Buyer: NOE 2660 BIXBY LLC
Elifin’s Notes: A convenience store/gas station near Noe-Bixby Park has changed hands.

990 E Dublin Granville Rd, Columbus, OH 43229

Type: Land
Price: $250,000 ($6.71 / Land SF)
Buyer: DRIVEN BRANDS INC
Elifin’s Notes: Driven Brands has acquired a parcel of paved land.

Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.