Medical/Office Building Investment
55 Dillmont Dr Columbus, OH 43235
55 Dillmont Dr, Columbus, OH, 43235
$2,250,000
For Sale
$2,250,000
9,662 SF medical/office building for sale in Columbus, OH
Property Size9,662 SF
Price / SF$232.87
Days on Market140
Property Features for 55 Dillmont Dr
General Information
- Standard status
- Active
- Size
- 9,662 SF
- Property subtype
- Office
Building Details
- Year Built
- 2007
Listing agency
Coldwell Banker Commercial Aspire Realty Services
(614) 341-9800
Listed by
Bill Davis · License #SAL
(614) 341-9800
Source
Cbcworldwide
Added: Mar 5 Updated: Jul 6 at 10:27AM Checked: Apr 9 at 9:00PM
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 Coldwell Banker Commercial Aspire Realty Services
Investment Insights
Based on property information with market context.
This 9,662 square foot building, constructed in 2007, is zoned CPD - Commercial Planned Development District (Z91-036). The property is an investment sale, priced at a 6.75% cap rate with credit medical tenancy. The building contains three units and is suited for office or medical use. The property is strategically located and offers modern functionality and investment potential. The area is in close proximity to major medical centers and healthcare providers, offering convenience for medical and office professionals. Retail centers such as The Mall at Tuttle Crossing are easily accessible, providing dining and shopping options for employees and visitors. The area also features nearby parks, fitness centers, and popular dining establishments. The location benefits from the dynamic energy of Columbus, Ohio.
Key Highlights
- Investment opportunity with a 6.75% cap rate and credit medical tenancy.
- 9,662 SF building suitable for office or medical use.
- Zoned CPD - Commercial Planned Development District (Z91‑036).
Local Financial Insights For Office B
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 | $209.9k | $21.72 |
| − Vacancy | −$40.5k | −$4.19 |
| EGI | $169.3k | $17.53 |
| − OpEx | −$42.3k | −$4.38 |
| NOI | $127.0k | $13.14 |
9,662 SF · lease $21.72/SF/yr · vacancy 19.31% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.81M
$1.59M – $2.12M
NOI $127,001 @ 7.0% cap · market cap 5.64%
Second Best
Healthcare Medical
$1.44M
$1.26M – $1.68M
NOI $100,732 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $136,965 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Torson Erin K
Physician
Lozano Rolando A MD
Pediatrician
Dr. Karin H. ...
Physician
Central Ohio Pediatric ...
Medical Clinic
Jenkins Carol S ...
Physician
Similar For Sale Nearby
Similar Off Market Nearby
- Paws Veterinary Urgent Care — 8325 N High St, Columbus, OH 43235
- Flint Animal Hospital/ Driving Park Animal Hospital — 161 Park Rd, Columbus, OH 43235
- Flint Animal Hospital — 161 Park Rd, Columbus, OH 43235
- Last Knight & Greyhawk Kennels — 161 Park Rd, Columbus, OH 43235
FAQs
What type of property is this?
Medical Office Space - 9,662 SF medical/office building for sale in Columbus, OH
Where is this medical office space located?
The property is located at 55 Dillmont Dr Columbus, OH.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Investment opportunity with a **6.75% cap rate** and credit medical tenancy.; **9,662 SF building** suitable for office or medical use.; Zoned CPD - Commercial Planned Development District (Z91‑036).
