Two-Story Office
For Sale
Contact for pricing
1025 Concord Avenue First Floor, Columbus, OH 43212
Flexible floor and suite configurations accommodate single-user or multi-tenant office occupancy.
Property Size3,600 SF
Price / SF$0.75
Days on Market91
Property Features for 1025 Concord Avenue First Floor
General Information
Standard status
Active
Size
3,600 SF
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Stories
2
Listing Agency:
Real Estate Opportunity
(614) 924-0410
Listed By:
Ann Adams
(614) 483-2315
Source:
Maryhatem
Added: Jul 20
Changed: Oct 10
Last Checked: Oct 16 at 8:34AM
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 Real Estate Opportunity
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Investment Insights
Based on property information with market context.
This 3,600 SF, two-story office building is permitted for office use and can support a range of occupancy configurations. Each floor contains approximately 1,800 SF, while the upper level can be divided into individual suites of about 500 SF. Restrooms are provided on both floors, and the existing layout combines open workspace with private offices. Ownership will negotiate improvements such as LVP flooring, lighting, paint, and select tenant improvements.
The property is located at 1025 Concord Avenue in Columbus, near Grandview Yard, Ohio State University, and Downtown Columbus. Access to SR-315, I-670, and I-70/I-71 connects the building with surrounding employment, retail, restaurant, and business areas. On-site parking supports either a single occupant or multiple office users.
The property is located at 1025 Concord Avenue in Columbus, near Grandview Yard, Ohio State University, and Downtown Columbus. Access to SR-315, I-670, and I-70/I-71 connects the building with surrounding employment, retail, restaurant, and business areas. On-site parking supports either a single occupant or multiple office users.
Key Highlights
- Two‑story office building totaling 3,600 SF
- Approximately 1,800 SF available on each floor
- Upper level can be divided into approximately 500 SF suites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,592
Suggested Prices Based on Cap Rates
Cap Rate 5%
$831,840
$831.8K
Cap Rate 7%
$594,171
$594.2K
Cap Rate 9%
$462,133
$462.1K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$71.3K $19.80/SF
− Vacancy
−$15.8K −$4.40/SF
EGI
$55.5K $15.40/SF
− OpEx
−$13.9K −$3.85/SF
NOI
$41.6K $11.55/SF
Area
Columbus, OH
Vacancy
22.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$831,840
Cap Rate 7%
$594,171
Cap Rate 9%
$462,133
Alternative Uses
Best Use
Office B
$594.2K
$519.9K – $693.2K
NOI $41,592 @ 7.0% cap · market cap 1,540.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$750.3K
$656.5K – $875.3K
NOI $52,518 @ 7.0% cap · market cap 1,945.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,933
Businesses Nearby
Explore this area
Business Placement
Demographics for 43212, OH
24,171
Population
13,506
Households
1.8
Avg Household Size
30
Median Age
78%
College-Educated
98%
High-School Grad
3.7 sq mi
ZIP Area
6,533
Density / Sq Mi
$74,952
Median Household Income
$59,037
Median Earnings
$1,382
Median Rent
$514,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Columbus, OH
Frequently Asked Questions
What type of property is this?
Office building - Flexible floor and suite configurations accommodate single-user or multi-tenant office occupancy.
Where is this office building located?
The property is located at 1025 Concord Avenue First Floor Columbus, OH.
What are key features of this property?
This property features: Two‑story office building totaling 3,600 SF; Approximately 1,800 SF available on each floor; Upper level can be divided into approximately 500 SF suites
