Freestanding Medical Office
For Sale
Contact for pricing
3386-3400 Snouffer Road, Columbus, OH 43235
Two freestanding buildings include specialized clinical improvements and a fenced outdoor playground.
Property Size21,628 SF
Price / SF$184.71
Days on Market247
Property Features for 3386-3400 Snouffer Road
General Information
Standard status
Active
Size
21,628 SF
Property subtype
OFFICE
Amenities
monument signage
fenced outdoor playground area
Building Details
Buildings
2
Listing Agency:
Alterra Real Estate Advisors
(380) 204-7784
Listed By:
Brad L Kitchen, SIOR
(614) 327-4366
Source:
Moodyscre
Added: Feb 10
Changed: Oct 2
Last Checked: Oct 15 at 1:05AM
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 Alterra Real Estate Advisors
Investment Insights
Based on property information with market context.
This medical office property comprises two freestanding buildings totaling 21,628 square feet. The existing treatment-center configuration includes specialized improvements suited to therapy, education, and clinical operations. A fenced outdoor playground is already installed, adding a functional feature for child-focused programs and related services.
The property is located at 3386-3400 Snouffer Road in Columbus, Ohio, within the Dublin area. Monument signage is positioned along the roadway. The layout and stated zoning support flexibility for professional office, medical, behavioral health, daycare, therapy, and drug and alcohol treatment uses.
The property is located at 3386-3400 Snouffer Road in Columbus, Ohio, within the Dublin area. Monument signage is positioned along the roadway. The layout and stated zoning support flexibility for professional office, medical, behavioral health, daycare, therapy, and drug and alcohol treatment uses.
Key Highlights
- 21,628 SF across two freestanding medical office buildings
- Specialized treatment‑center buildout for therapy, education, or clinical operations
- Fenced outdoor playground area already in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$284,287
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,685,740
$5.7M
Cap Rate 7%
$4,061,243
$4.1M
Cap Rate 9%
$3,158,744
$3.2M
Market Conditions
NOI Build-Up for 21,628 SF
Gross rent
$469.8K $21.72/SF
− Vacancy
−$90.7K −$4.19/SF
EGI
$379.0K $17.53/SF
− OpEx
−$94.8K −$4.38/SF
NOI
$284.3K $13.14/SF
Area
ZIP 43235
Vacancy
19.31%
Lease Rate
$21.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,685,740
Cap Rate 7%
$4,061,243
Cap Rate 9%
$3,158,744
Alternative Uses
Best Use
Office B
$4.06M
$3.55M – $4.74M
NOI $284,287 @ 7.0% cap · market cap 7.12%
Second Best
Healthcare Medical
$3.22M
$2.82M – $3.76M
NOI $225,485 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$4.38M
$3.83M – $5.11M
NOI $306,590 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
698
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 43235, OH
45,561
Population
20,855
Households
2.2
Avg Household Size
36
Median Age
59%
College-Educated
96%
High-School Grad
14.2 sq mi
ZIP Area
3,209
Density / Sq Mi
$86,758
Median Household Income
$54,814
Median Earnings
$1,412
Median Rent
$346,500
Median Home Value
Market
Vacancy Rate% for Office in Columbus, OH
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two freestanding buildings include specialized clinical improvements and a fenced outdoor playground.
Where is this medical office space located?
The property is located at 3386-3400 Snouffer Road Columbus, OH.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 21,628 SF across two freestanding medical office buildings; Specialized treatment‑center buildout for therapy, education, or clinical operations; Fenced outdoor playground area already in place
