Columbus Industrial Warehouse For
1711 Woodland Avenue Columbus, OH 43219
For Sale
$3,800,000
74,458 SF industrial warehouse in Northeast Columbus with convenient access.
Property Size74,458 SF
Lot Size4.72 Acres
Price / SF$51.04
Days on Market183
Property Features for 1711 Woodland Avenue
General Information
Standard status
Active
Size
74,458 SF
Lot size
4.72 Acres
Property subtype
Industrial
Building Details
Year Built
1958
Listing Agency:
NAI Ohio Equities
(614) 271-9111
Listed By:
Stephen Pryor, CCIM · License #2011000934
(614) 271-9111
Source:
Ohioequities
Added: Jan 27
Changed: Jul 6
Last Checked: Jul 29 at 4:50AM
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 NAI Ohio Equities
Investment Insights
Based on property information with market context.
Available for sale is a 74,458 square foot industrial warehouse, currently occupied by Burton Metal Finishing & Powder Coating Inc. Situated on approximately 4.72 acres in Northeast Columbus, the property provides convenient access to I-670, I-71, and I-270, and is located minutes from John Glenn International Airport. The property consists of two buildings and is zoned for manufacturing. The warehouse features a total of 6 dock doors, 7 drive-in doors, and ceiling heights ranging from 20 to 26 feet. Clear heights range between 18 and 24 feet. The property includes a 4-inch gas line and a 6-inch water line. The building is in good condition and is suitable for an owner-user or a sale-leaseback arrangement with the existing user.
Key Highlights
- ±74,458 SF Industrial Warehouse available.
- Convenient access to I‑670, I‑71, and I‑270, and minutes from John Glenn International Airport.
- Total of 6 Dock Doors and 7 Drive‑In Doors provide flexible access.
Financial Insights For Industrial
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 | $455.7k | $6.12 |
| − Vacancy | −$35.1k | −$0.47 |
| EGI | $420.6k | $5.65 |
| − OpEx | −$126.2k | −$1.69 |
| NOI | $294.4k | $3.95 |
74,458 SF · lease $6.12/SF/yr · vacancy 7.70% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$5.11M
$4.47M – $5.96M
NOI $357,506 @ 7.0% cap · market cap 9.41%
Second Best
Industrial
$4.21M
$3.68M – $4.91M
NOI $294,417 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$15.52M
$13.58M – $18.10M
NOI $1,086,220 @ 7.0% cap · market cap 28.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- U-Pack — 1720 Joyce Ave, Columbus, OH 43219
Frequently Asked Questions
What type of property is this?
Warehouse - 74,458 SF industrial warehouse in Northeast Columbus with convenient access.
Where is this warehouse located?
The property is located at 1711 Woodland Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: ±74,458 SF Industrial Warehouse available.; Convenient access to I‑670, I‑71, and I‑270, and minutes from John Glenn International Airport.; Total of 6 Dock Doors and 7 Drive‑In Doors provide flexible access.
