1025 East 5th Avenue, Columbus, OH 43201
Fully renovated flex facility with temperature control, heavy power, and three demised units with ample parking.
- Added:
- Mar 25, 2026
- Days on Market:
- 76
- Last Refresh:
- Jun 6 at 3:59 am
Property Features for 1025 East 5th Avenue
General Information
- Standard status
- Active
- Size
- 30,746 SF
- Property subtype
- Industrial / Business
Building Details
- Year Built
- 1940
Listing agent Roxy Ponce License #2020006941 (614) 560-7747
Listing office Red 1 Realty (614) 560-7747
Listing date Mar 25, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of Red 1 Realty
HighLights
- 31,656 SF fully renovated flex building with temperature control
- 3 fully demised units with ample parking
- New sprinkler system and roof
- Year built 1940; electric and gas heat
- Multiple IT rooms and security features
- Heavy power; located in an Opportunity Zone with easy access to I‑71 and I‑670
Overview
The property is located at 1025 East 5th Avenue in Columbus, Ohio, and is positioned within an Opportunity Zone. It is described as being minutes from Downtown Columbus and its surrounding neighborhoods, with convenient access to I-71 and I-670.
For buyers evaluating an owner-occupied strategy or a small multi-tenant setup, the three-unit demised configuration can help support flexible occupancy planning. The combination of temperature control, upgraded building systems, heavy power, and enhanced security and IT infrastructure is well suited for users who need controlled conditions and reliable utilities, while still benefiting from parking-oriented access.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $516.5k | $16.80 |
| − Vacancy | −$46.5k | −$1.51 |
| EGI | $470.0k | $15.29 |
| − OpEx | −$164.5k | −$5.35 |
| NOI | $305.5k | $9.94 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Blue Bow Tie Food Services — 303 E 6th Ave, Columbus, OH 43201
- Modern Southern Table — 1086 N 4th St, Columbus, OH 43201
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Delaware
- State
- Ohio
- Longitude
- -82.9772805
- Latitude
- 39.9858225
