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Free Standing Whitehall Office Building

746 South Yearling Road Columbus, OH 43213

746 South Yearling Road, Columbus, OH, 43213
$249,900
For Sale
Claim this Listing
$249,900

Free standing office building in Whitehall Yearling Road Corridor.

Property Size1,250 SF
Price / SF$199.92
AddedOct 18, 2023
Days on Market1003
Last RefreshJul 15 at 1:25 am

Property Features for 746 South Yearling Road

General Information

Standard status
Active
Size
1,250 SF
Property subtype
OFC

Building Details

Year Built
1947

Listing office Keller Williams Classic Properties Realty

Listing date Oct 18, 2023

Source Realnex

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 Keller Williams Classic Properties Realty


Investment Insights

Based on property information with market context.

This is a free standing office building located within the City of Whitehall Yearling Road Development Corridor. The property, approximately 1250 square feet, was converted to office space from a former residence years ago. Previously used as a law office, the property provides off-street parking, signage, and a storage shed. It is located in close proximity to Main Street and Broad Street.

Key Highlights

  • Free‑standing office building in the Whitehall Yearling Road Development Corridor.
  • Off‑street parking available.
  • Signage opportunity.

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 $24.8k $19.80
− Vacancy −$5.5k −$4.40
EGI $19.3k $15.40
− OpEx −$4.8k −$3.85
NOI $14.4k $11.55
1,250 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$206.3K
$180.5K – $240.7K (±1% cap)
NOI $14,442 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$260.5K
$227.9K – $303.9K (±1% cap)
NOI $18,235 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Wasserman Law Office Law Firm

Suggested Use

Law Firm Real Estate Agency Electrical Service Parking Lot & Garage Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Tech Support Center Home Appliance Store Catering Service

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

FAQs

What type of property is this?
Office building - Free standing office building in Whitehall Yearling Road Corridor.
Where is this office building located?
The property is located at 746 South Yearling Road Columbus, OH.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Free‑standing office building in the Whitehall Yearling Road Development Corridor.; Off‑street parking available.; Signage opportunity.
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