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Industrial Property Near I-71

1644 Clara St, Columbus, OH

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For Sale

Contact for pricing

12,120 SF industrial property with office space and storage.

Type:INDUSTRIAL

Property size:

12,120 SF

Lot size:

0.72 Acres

Price / SF:

$132/SF

HighLights

Immediate occupancy available.
Southern suite offers climate‑controlled storage potential with central HVAC.
Includes a 0.24 AC fenced lot for outdoor storage.
Actively being updated with new LED lighting, overhead doors, paint, carpet, and office roof.
Each suite contains ±1,200 SF of office space.
Located right off I‑71.

We can help!

Listing Contact

Woodrow Walton

For Sale

Contact for pricing

12,120 SF industrial property with office space and storage.

Type:INDUSTRIAL

Property size:

12,120 SF

Lot size:

0.72 Acres

Price / SF:

$132/SF

Added:: Jul 21, 2025
Days on Market:: 330
Last Refresh:: May 19 at 10:12 pm

Property Features for 1644 Clara St

General Information

Standard status: Active
Size: 12,120 SF
Lot size: 0.72 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Woodrow Walton

Listing agent Woodrow Walton License #2023002792

Listing office Matthews Real Estate Investment Services | Columbus

Listing date Jul 21, 2025

Source Moodyscre

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 Matthews Real Estate Investment Services | Columbus

HighLights

Immediate occupancy available.
Southern suite offers climate‑controlled storage potential with central HVAC.
Includes a 0.24 AC fenced lot for outdoor storage.
Actively being updated with new LED lighting, overhead doors, paint, carpet, and office roof.
Each suite contains ±1,200 SF of office space.
Located right off I‑71.

Overview

Located right off I-71, the property at 1632-1644 Clara St is a 12,120 square foot industrial property situated on 0.72 acres. The property is split into two 6,060 square foot suites, each measuring 60 feet wide by 81 feet deep. Each suite includes 1,200 square feet of office space. The warehouse features 13-foot clear ceilings, two overhead doors, and one dock door on the northeast side of the building. The southern suite includes a central HVAC unit in the warehouse, providing the possibility for climate-controlled storage. A 0.24-acre fenced lot at the southern end of the building allows for outdoor storage. The property is being equipped with new LED lighting, overhead doors, fresh paint, carpet, and a new roof over the office. It is available for immediate occupancy.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$203.6k	$16.80
− Vacancy	−$18.3k	−$1.51
EGI	$185.3k	$15.29
− OpEx	−$64.9k	−$5.35
NOI	$120.4k	$9.94

12,120 SF · lease $16.80/SF/yr · vacancy 9.00% · expense 35.00%

Alternative Uses

Best Use

Flex RnD

$1.72M

$1.51M – $2.01M (±1% cap)

NOI $120,439 @ 7.0% cap · market cap 7.53%

Second Best

Warehouse

$831.3K

$727.4K – $969.9K (±1% cap)

NOI $58,194 @ 7.0% cap · market cap 3.64%

Theoretical Best

Office A

$2.53M

$2.21M – $2.95M (±1% cap)

NOI $176,811 @ 7.0% cap · market cap 11.05%

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

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Similar Places Nearby

Nearby Storage Units - Columbus, OH — 1200 cleveland ave, columbus, oh 43201
Gateway Self Storage — 750 E 11th Ave, Columbus, OH 43211

Location Insight

Map
Local Demand

City: Columbus
County: Delaware
State: Ohio
Longitude: -82.986
Latitude: 39.9982

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For sale
Warehouses
OH
Columbus
1644 Clara St

What type of property is this?

Warehouse - 12,120 SF industrial property with office space and storage.

Where is this warehouse located?

The property is located at 1644 Clara St Columbus, OH.

What is the asking price?

The asking price for this property is $1,600,000.

What are key features of this property?

This property features: Immediate occupancy available.; Southern suite offers climate‑controlled storage potential with central HVAC.; Includes a 0.24 AC fenced lot for outdoor storage.

1644 Clara St, Columbus, OH

12,120 SF industrial property with office space and storage.

Property Features for 1644 Clara St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Retail Storefront with Basement Storage

Two-Story Office Building with Separate Suites

Temperature-Controlled Flex Building

Spacious Four-Unit Property in Columbus

Two-Story Office Building with Separate Entrances

High Street Commercial Building

Fast-Casual Restaurant on Campus

Renovated Multifamily Property in Columbus

Updated Duplex with Expansion Potential

All Brick Columbus Multi-Family Property

Masonry Office Building with Parking

Renovated Duplex in Old North

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