Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Forest Dr New Albany, OH 43054

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $30 SF/Yr

    Class-A office building in active commercial corridor, completion in 2026.

    Property size:
    10,640 SF
    Lot size:
    2.08 Acres

    Property Features for Forest Dr

    General Information

    Size
    10,640 SF
    Lot size
    2.08 Acres

    Source: Kohr Royer Griffith, Inc. Agent Paulina Canini

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

    Overview

    New Albany Medical/Professional Office

    This Class-A medical/professional office building is strategically located at the corner of Forest Drive, just north of Smiths Mill Road, in the heart of one of New Albany’s most active commercial corridors. The location is surrounded by retail, restaurants, and growing residential neighborhoods, offering high visibility and daily convenience for both patients and providers. Set for completion in early 2026, the building offers flexible suite layouts starting at 2,500 square feet, customizable to meet the specific needs of medical and professional tenants. The property size is 10,640 square feet. Tenants will benefit from a 100% property tax abatement for 10 years, providing long-term value in a high-demand area. The lease rate is $30 per square foot.
    Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Similar Places Nearby

    Willow Wood Animal Hospital, Dr. Mark Hess, Connolly Julie A DVM

    Map

    City
    New Albany
    County
    Franklin
    State
    Ohio
    Longitude
    -82.793011
    Latitude
    40.087904

    Nearby Similar for Lease

    • $14 SF/Yr
      14,708 SF

      Office Space in New Albany

      Office space for rent in New Albany, Ohio.
      7795 Walton Pkwy, New Albany, OH 43054
      View Details
    • $11 SF/Yr
      3,697 SF

      New Albany Office Building For Rent

      Three-story office building in New Albany with on-site management.
      6530 W Campus Oval, New Albany, OH 43054
      View Details
    • Contact for pricing
      12,600 SF

      Retail Center Anchored by Kroger

      Retail space for lease in a Kroger-anchored shopping center.
      5121-5211 Hmpstd Vlg Ctr Dr, New Albany, OH
      View Details
    • $11 SF/Yr
      206,894 SF

      Gahanna Office Space For Lease

      Modern Office Suites, Abundant Parking
      7400 Campus Rd, New Albany, OH 43054
      View Details
    • Contact for pricing
      93,286 SF

      New Albany Retail Center Space

      Prime Retail Space Available Q4 2025
      5208 Hampsted Village Center Way, New Albany, OH 43054
      View Details
    • $26 SF/Yr
      1,860 SF

      New Albany Executive Office Suite

      Historic charm, prime location, 1860 sq ft.
      20 High St, New Albany, OH 43054
      View Details

    FAQs

    What type of property is this?
    Medical office - Class-A office building in active commercial corridor, completion in 2026.
    Where is this medical office located?
    The property is located at Forest Dr New Albany, OH.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - 10-year, 100% property tax abatement.; - Brand new, Class-A medical/professional office building.; - Flexible suite layouts starting at 2,500SF, customizable to tenant needs.
    (614) 271-2260
    Request Owner's contact information
    Forest Dr New Albany, OH 43054
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Forest Dr
    New Albany, OH 43054
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Forest Dr New Albany, OH 43054
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.