Columbus Industrial Warehouse on Alum
For Sale
Contact for pricing
1245 Alum Creek Drive, Columbus, OH 43209
12,000 SF industrial warehouse with highway access.
Property Size56,100 SF
Price / SF$0.00
Days on Market209
Property Features for 1245 Alum Creek Drive
General Information
Standard status
Active
Size
56,100 SF
Property subtype
Industrial
Lease Term
MG
Site & Location
Neighborhood
Hanford
Building Details
Building Size
56,100 SF
Year Built
1965
Properties For Sale
at 1245 Alum Creek Drive
1245 Alum Creek
Size
12,000 SF
Type
Warehouse/Distribution
Term
Negotiable
Listed By:
Mike Semon
(614) 657-2391
Source:
Ohioequities
Added: Apr 1
Changed: Oct 26
Last Checked: Oct 24 at 2:17PM
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 Mike Semon
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 1245 Alum Creek Drive in Columbus, Ohio, this industrial warehouse offers approximately 12,000 square feet of space. The property is strategically positioned along Alum Creek Drive, providing direct access to Interstate 70 and strong connectivity to the Columbus logistics network. Designed for industrial or distribution purposes, the building features 17' clear heights, one dock door, and two drive-in doors measuring 12'x14', facilitating efficient loading and operational flexibility. Zoned for manufacturing, the location is suitable for light manufacturing, warehouse, distribution, service, or retail-oriented industrial users. Its proximity to major highways and central Columbus enhances its appeal for various business operations. The property will be available April 1, 2026.
Key Highlights
- Strategic location with direct access to I‑70, providing strong connectivity to the Columbus logistics network.
- ±12,000 SF industrial warehouse suitable for distribution, light manufacturing, service, or retail.
- Features 2 drive‑in doors (12'x14') and 1 dock door for efficient loading and operational flexibility.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,617
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,152,340
$1.2M
Cap Rate 7%
$823,100
$823.1K
Cap Rate 9%
$640,189
$640.2K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$73.4K $6.12/SF
− Vacancy
−$5.7K −$0.47/SF
EGI
$67.8K $5.65/SF
− OpEx
−$10.2K −$0.85/SF
NOI
$57.6K $4.80/SF
Area
Columbus, OH
Vacancy
7.70%
Lease Rate
$6.12 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,152,340
Cap Rate 7%
$823,100
Cap Rate 9%
$640,189
Alternative Uses
Best Use
Warehouse
$823.1K
$720.2K – $960.3K
NOI $57,617 @ 7.0% cap · market cap 548,733.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.50M
$2.19M – $2.92M
NOI $175,060 @ 7.0% cap · market cap 1,667,238.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 43209, OH
27,727
Population
12,689
Households
2.2
Avg Household Size
37
Median Age
57%
College-Educated
96%
High-School Grad
6.1 sq mi
ZIP Area
4,545
Density / Sq Mi
$88,155
Median Household Income
$48,128
Median Earnings
$1,105
Median Rent
$373,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Columbus, OH
Similar Off Market Nearby
- Hero Homes Storages — 1549 Frebis Ave, Columbus, OH 43206
- Guardian Relocation Moving Company - Altas Van Lines — 1570 Integrity Dr E, Columbus, OH 43209
- Extra Space Storage — 1300 Alum Creek Dr, Columbus, OH 43209
- Right Space Storage — columbus, oh 43209
- Self-Storage at U-Haul — 1100 Alum Creek Dr, Columbus, OH 43209
Frequently Asked Questions
What type of property is this?
Warehouse - 12,000 SF industrial warehouse with highway access.
Where is this warehouse located?
The property is located at 1245 Alum Creek Drive Columbus, OH.
What are key features of this property?
This property features: Strategic location with direct access to I‑70, providing strong connectivity to the Columbus logistics network.; ±12,000 SF industrial warehouse suitable for distribution, light manufacturing, service, or retail.; Features **2 drive‑in doors (12'x14') and 1 dock door** for efficient loading and operational flexibility.
