Flex Space with Overhead
For Sale
Contact for pricing
1082 W Mound Street, Columbus, OH 43223
A shell-condition interior and alley-accessed overhead doors provide flexibility under Columbus C-4 zoning.
Property Size7,422 SF
Price / SF$0.00
Days on Market72
Property Features for 1082 W Mound Street
General Information
Standard status
Active
Size
7,422 SF
Property subtype
Retail
Zoning
C-4
Property Condition
Severity
Repairs Needed
Evidence
Exterior needs cosmetics
Site & Location
Neighborhood
Southwest
Additional Details
Opportunity Zone
Yes
Building Details
Year Built
1951
Buildings
1
Listing Agency:
KW Classic Properties Realty
(614) 451-8500
Listed By:
Douglas J Ryan · License #393609
(614) 374-6919
Source:
Livewellhomegrp
Added: Aug 20
Changed: Oct 28
Last Checked: Oct 28 at 4:54PM
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 KW Classic Properties Realty
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Investment Insights
Based on property information with market context.
This freestanding flex building has a shell-condition interior and exterior finishes that need cosmetic work. Two 8-foot overhead doors connect to the alley and parking lot. The property was built in 1951.
Columbus C-4 zoning supports retail, office, warehouse, and other uses permitted in that district. The State of Ohio lists the property as being in an eligible Opportunity Zone.
Columbus C-4 zoning supports retail, office, warehouse, and other uses permitted in that district. The State of Ohio lists the property as being in an eligible Opportunity Zone.
Key Highlights
- Two 8' overhead doors accessed from the alley and parking lot
- Shell‑condition interior; exterior needs cosmetic work
- Columbus C‑4 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,348
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,960
$587.0K
Cap Rate 7%
$419,257
$419.3K
Cap Rate 9%
$326,089
$326.1K
Market Conditions
NOI Build-Up for 7,422 SF
Gross rent
$45.4K $6.12/SF
− Vacancy
−$3.5K −$0.47/SF
EGI
$41.9K $5.65/SF
− OpEx
−$12.6K −$1.69/SF
NOI
$29.3K $3.95/SF
Area
Columbus, OH
Vacancy
7.70%
Lease Rate
$6.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,960
Cap Rate 7%
$419,257
Cap Rate 9%
$326,089
Alternative Uses
Best Use
Retail
$1.22M
$1.07M – $1.43M
NOI $85,568 @ 7.0% cap · market cap 1,426,133.33%
Second Best
Flex RnD
$1.05M
$921.9K – $1.23M
NOI $73,754 @ 7.0% cap · market cap 1,229,233.33%
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M
NOI $108,275 @ 7.0% cap · market cap 1,804,583.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 43223, OH
27,951
Population
10,662
Households
2.6
Avg Household Size
35
Median Age
11%
College-Educated
77%
High-School Grad
10.0 sq mi
ZIP Area
2,795
Density / Sq Mi
$45,902
Median Household Income
$32,509
Median Earnings
$1,063
Median Rent
$113,600
Median Home Value
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Market
Vacancy Rate% for Industrial in Columbus, OH
Frequently Asked Questions
What type of property is this?
Flex space - A shell-condition interior and alley-accessed overhead doors provide flexibility under Columbus C-4 zoning.
Where is this flex space located?
The property is located at 1082 W Mound Street Columbus, OH.
What are key features of this property?
This property features: Two 8' overhead doors accessed from the alley and parking lot; Shell‑condition interior; exterior needs cosmetic work; Columbus C‑4 zoning
