Flex Space with Drive-In
19 South Highland Avenue, Columbus, OH 43223
For Sale
Contact for pricing
Versatile heated commercial space with office, bathroom, signage availability, and convenient interstate access.
Property Size2,100 SF
Days on Market95
Property Features for 19 South Highland Avenue
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Properties For Sale
at 19 South Highland Avenue
19 South Highland Avenue
Size
2,100 SF
Type
Flex Space
Term
36 months
Listing Agency:
NAI Ohio Equities
Listed By:
Chad Boggs · License OH #2023003870
(614) 595-2752
Source:
Ohioequities
Added: Aug 9
Changed: Nov 10
Last Checked: Nov 10 at 5:44AM
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
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Investment Insights
Based on property information with market context.
This 2,100 SF flex property combines a heated garage area with an office, bathroom, and one insulated drive-in door measuring 10' x 10'. The building received a new roof in 2023 and includes 200 amp electrical service. The office measures 12.5' x 8', and building signage is available. Its prior body shop occupancy provides documented automotive-related use history without limiting the property to that use.
Located at 19 South Highland Avenue in Columbus, the property sits near W Broad Street, where traffic is reported at approximately ±16,584 vehicles per day. Highland Elementary school and Columbus Fire Station #17 are identified as nearby adjoining points of interest, with access to I-70 and I-270 also noted.
Located at 19 South Highland Avenue in Columbus, the property sits near W Broad Street, where traffic is reported at approximately ±16,584 vehicles per day. Highland Elementary school and Columbus Fire Station #17 are identified as nearby adjoining points of interest, with access to I-70 and I-270 also noted.
Key Highlights
- 2,100 SF flex space with heated garage area
- One insulated 10' x 10' drive‑in door
- New roof installed in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,304
Suggested Prices Based on Cap Rates
Cap Rate 5%
$166,080
$166.1K
Cap Rate 7%
$118,629
$118.6K
Cap Rate 9%
$92,267
$92.3K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$12.9K $6.12/SF
− Vacancy
−$990 −$0.47/SF
EGI
$11.9K $5.65/SF
− OpEx
−$3.6K −$1.69/SF
NOI
$8.3K $3.95/SF
Area
Columbus, OH
Vacancy
7.70%
Lease Rate
$6.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$166,080
Cap Rate 7%
$118,629
Cap Rate 9%
$92,267
Alternative Uses
Best Use
Retail
$345.9K
$302.6K – $403.5K
NOI $24,211 @ 7.0% cap
Second Best
Flex RnD
$298.1K
$260.9K – $347.8K
NOI $20,868 @ 7.0% cap
Theoretical Best
Office A
$437.7K
$383.0K – $510.6K
NOI $30,636 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 43223, OH
27,951
Population
10,662
Households
2.6
Avg Household Size
35
Median Age
11%
College-Educated
77%
High-School Grad
10.0 sq mi
ZIP Area
2,795
Density / Sq Mi
$45,902
Median Household Income
$32,509
Median Earnings
$1,063
Median Rent
$113,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Columbus, OH
Properties on Market for Flex space in Columbus
Vacancy Rate% for Industrial in Columbus, OH
Similar Off Market Nearby
- April Mccreary 3 — 508 woodbury ave, columbus, oh 43223
Frequently Asked Questions
What type of property is this?
Flex space - Versatile heated commercial space with office, bathroom, signage availability, and convenient interstate access.
Where is this flex space located?
The property is located at 19 South Highland Avenue Columbus, OH.
What are key features of this property?
This property features: 2,100 SF flex space with heated garage area; One insulated 10' x 10' drive‑in door; New roof installed in 2023
