Warehouse with Dock
For Sale
Contact for pricing
1016 Parsons Avenue #1014, Columbus, OH 43206
An open interior and loading access support warehouse, storage, and distribution functions.
Property Size12,380 SF
Price / SF$0.15
Days on Market16
Property Features for 1016 Parsons Avenue #1014
General Information
Standard status
Active
Size
12,380 SF
Property subtype
Mixed Use
Site & Location
Neighborhood
South Side
Warehouse & Industrial
Warehouse Space
3,300 SF
Dock-High Doors
1
Building Details
Year Built
1926
Listing Agency:
Live Well Home Group
Listed By:
Amber Herbster
(614) 300-5326
Source:
Livewellhomegrp
Added: Oct 14
Changed: Oct 29
Last Checked: Oct 29 at 2:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Live Well Home Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse offers an open interior and one dock door for loading. Warehouse, storage, distribution, and other permitted commercial uses are identified for the space. The tenant is responsible for build-outs, improvements, and utility costs.
The property is on Parsons Avenue in Columbus, near Nationwide Children's Hospital and downtown Columbus, with access to nearby business districts.
The property is on Parsons Avenue in Columbus, near Nationwide Children's Hospital and downtown Columbus, with access to nearby business districts.
Key Highlights
- Open warehouse layout with one dock door
- Near Nationwide Children's Hospital and downtown Columbus
- Tenant covers build‑outs, improvements, and utility costs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,442
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,188,840
$1.2M
Cap Rate 7%
$849,171
$849.2K
Cap Rate 9%
$660,467
$660.5K
Market Conditions
NOI Build-Up for 12,380 SF
Gross rent
$75.8K $6.12/SF
− Vacancy
−$5.8K −$0.47/SF
EGI
$69.9K $5.65/SF
− OpEx
−$10.5K −$0.85/SF
NOI
$59.4K $4.80/SF
Area
Columbus, OH
Vacancy
7.70%
Lease Rate
$6.12 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,188,840
Cap Rate 7%
$849,171
Cap Rate 9%
$660,467
Alternative Uses
Best Use
Warehouse
$849.2K
$743.0K – $990.7K
NOI $59,442 @ 7.0% cap · market cap 3,213.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M
NOI $180,604 @ 7.0% cap · market cap 9,762.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Dock-high doors
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43206, OH
21,594
Population
12,758
Households
1.7
Avg Household Size
35
Median Age
48%
College-Educated
94%
High-School Grad
3.0 sq mi
ZIP Area
7,198
Density / Sq Mi
$74,421
Median Household Income
$52,603
Median Earnings
$1,339
Median Rent
$280,400
Median Home Value
Market
Vacancy Rate% for Industrial in Columbus, OH
Similar Off Market Nearby
- Self-Storage at U-Haul — 1211 Parsons Ave, Columbus, OH 43206
- Herlihy Moving & Storage — 1000 Parsons Ave, Columbus, OH 43206
- Kindred Partners LLC — 762 s pearl st, columbus, oh 43206
Frequently Asked Questions
What type of property is this?
Warehouse - An open interior and loading access support warehouse, storage, and distribution functions.
Where is this warehouse located?
The property is located at 1016 Parsons Avenue #1014 Columbus, OH.
What are key features of this property?
This property features: Open warehouse layout with one dock door; Near Nationwide Children's Hospital and downtown Columbus; Tenant covers build‑outs, improvements, and utility costs
