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    700 Taylor Ave Columbus, OH 43219

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    For Sale
    $950,000

    Stand-alone industrial building near downtown Columbus with new 5-year lease.

    Property size:
    7,020 SF
    Lot size:
    0.61 Acres

    Property Features for 700 Taylor Ave

    General Information

    Size
    7,020 SF
    Lot size
    0.61 Acres

    Source: Hanna Commercial Real Estate | Central Ohio Agent Ashley Simonton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Columbus Industrial Building For Sale

    This stand-alone industrial building, located just east of downtown Columbus, presents an investment opportunity. The property features a new 5-year lease with a 5-year option, signed on March 1, 2025. The building has 7,020 square feet of space, with approximately 3,930 square feet designated as office space and 3,090 square feet for warehouse use, situated on 0.61 acres of land. The office area includes an entry/waiting area, seven offices (one executive, one oversized, and five standard), a large conference room, and an open workspace. There is also a kitchenette with a seating area and two restrooms (men's and women's). The warehouse portion includes two restrooms (men's and women's), multiple storage/closet spaces, and a 10’ x 10’ drive-in door. The clear height is 13’+. Ample parking is available. The property is located less than one mile (0.8) from the I-670 and Leonard Avenue on/off ramps.
    Insight Report Location Intelligence

    Current Use by Public Records

    Spectrum Lighting Inc Lighting Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Self Storage, Self-Storage at U-Haul, NextLevel Logistics LLC

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -82.9602464
    Latitude
    39.9813279

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    FAQs

    What type of property is this?
    Warehouse - Stand-alone industrial building near downtown Columbus with new 5-year lease.
    Where is this warehouse located?
    The property is located at 700 Taylor Ave Columbus, OH.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - New 5-Year Lease with 5-Year Option (signed 3/1/2025); - **7.76% CAP Rate** at $950,000 Asking Price; - Stand-alone Industrial Building Just East of Downtown Columbus
    (614) 354-7185
    Request Owner's contact information
    700 Taylor Ave Columbus, OH 43219
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    Columbus, OH 43219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    700 Taylor Ave Columbus, OH 43219
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