Two-Story Office Building with Separate
For Sale
$499,000
2505 Woodley Road, Columbus, OH 43231
SINGLE_FAMILY - Columbus, OH
Property Size4,860 SF
Lot Size0.24 Acres
Price / SF$154.01
Days on Market337
Property Features for 2505 Woodley Road
General Information
Property type
Residential
Property subtype
Office
Parking
12
Standard status
Active
APN
113-000696
Size
3,240 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
9159
Building Details
Year built
1965
Floors in Building
2
Listing Agency:
Key Realty
(877) 539-7589
Listed By:
Ahmed A Salad · License #2016004612
(614) 586-5017
Added: Sep 4, 2025
Changed: Aug 6
Last Checked: Aug 6 at 7:06AM
MLS# 225033475
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
2505 Woodley Road is a two-story office building built in 1965, offering approximately 1,620 square feet on each floor (around 4,860 sq ft total). The layout is designed with separate entrances, supporting privacy for single-tenant use or dual-use flexibility.
The property sits on a 0.24-acre lot in Minerva Park, providing an established setting with access for both clients and staff. Parking is available with 12 spaces, and the building includes ADA accessibility to support day-to-day operations.
With its adaptable interior layout described as a blank slate, this building can be used to establish a professional headquarters and tailor the space to an operating team’s needs.
The property sits on a 0.24-acre lot in Minerva Park, providing an established setting with access for both clients and staff. Parking is available with 12 spaces, and the building includes ADA accessibility to support day-to-day operations.
With its adaptable interior layout described as a blank slate, this building can be used to establish a professional headquarters and tailor the space to an operating team’s needs.
Key Highlights
- Approximately 1,620 SF on each floor for around 4,860 sq ft total
- Two separate entrances for privacy or dual‑use flexibility
- Built in 1965 office building
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 | $64.2k | $19.80 |
| − Vacancy | −$14.2k | −$4.40 |
| EGI | $49.9k | $15.40 |
| − OpEx | −$12.5k | −$3.85 |
| NOI | $37.4k | $11.55 |
3,240 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$534.8K
$467.9K – $623.9K
NOI $37,433 @ 7.0% cap · market cap 7.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$675.2K
$590.8K – $787.8K
NOI $47,266 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
Explore this area
Business Placement
Demographics for 43231, OH
22,126
Population
9,005
Households
2.5
Avg Household Size
34
Median Age
31%
College-Educated
90%
High-School Grad
4.2 sq mi
ZIP Area
5,268
Density / Sq Mi
$75,096
Median Household Income
$37,882
Median Earnings
$1,127
Median Rent
$222,500
Median Home Value
Market
Vacancy Rate% for Office in Columbus, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-story office building on a 0.24-acre lot with separate entrances, ADA accessibility, and 12 parking spaces.
Where is this office building located?
The property is located at 2505 Woodley Road Columbus, OH.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Approximately 1,620 SF on each floor for around 4,860 sq ft total; Two separate entrances for privacy or dual‑use flexibility; Built in 1965 office building
