1115 Lawrence Drive Columbus, OH 43207
Move-in ready 2,200 SF commercial space with high visibility.
Property Features for 1115 Lawrence Drive
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Mixed Use, Retail, Office, Special Purpose
Building Details
- Year Built
- 1993
Listing office Cutler Real Estate
Listing date Apr 1, 2026
Source Crexi
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 Cutler Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location with high visibility and heavy traffic.
- C‑4 zoning allows for a wide range of commercial uses (retail, office, salon, automotive, contractor, etc.).
- 2,200 SF all‑block building, thoughtfully updated approximately 8 years ago.
Local Financial Insights For Retail
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 | $48.0k | $21.84 |
| − Vacancy | −$11.5k | −$5.24 |
| EGI | $36.5k | $16.60 |
| − OpEx | −$11.0k | −$4.98 |
| NOI | $25.6k | $11.62 |
