Renovated Commercial Property on Corner
For Sale
Contact for pricing
3440 W Broad St, Columbus, OH
Freestanding commercial property with modern upgrades on a corner lot.
Property Size21,844 SF
Lot Size1.95 Acres
Price / SF$68.12
Days on Market310
Property Features for 3440 W Broad St
General Information
Standard status
Active
Size
21,844 SF
Lot size
1.95 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Kohr Royer Griffith, Inc.
(614) 551-4485
Listed By:
Brent A Garland · License #2012002167
(614) 551-4485
Source:
Moodyscre
Added: Sep 26, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:15AM
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 Kohr Royer Griffith, Inc.
Investment Insights
Based on property information with market context.
This freestanding commercial property, built in 1951 and extensively renovated in 2018, combines historic character with modern upgrades. Situated on a 2+/- acre corner lot at West Broad and Wilson Road, the property features 21,844 square feet of interior space, plus a 2,500 square foot basement with double walkout doors and large exterior stairs. The location provides excellent visibility, accessibility, and strong signage opportunities.
Key Highlights
- Prime corner location at West Broad and Wilson Road with excellent visibility and accessibility.
- Extensively renovated in 2018, blending historic character with modern upgrades.
- Large interior space of 21,844 sq. ft. on 2+\/- acres.
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 | $133.7k | $6.12 |
| − Vacancy | −$10.3k | −$0.47 |
| EGI | $123.4k | $5.65 |
| − OpEx | −$37.0k | −$1.69 |
| NOI | $86.4k | $3.95 |
21,844 SF · lease $6.12/SF/yr · vacancy 7.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.23M
$1.08M – $1.44M
NOI $86,374 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.55M
$3.98M – $5.31M
NOI $318,668 @ 7.0% cap · market cap 21.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
Explore this area
Business Placement
Market
Properties on Market for Industrial properties in Columbus
Vacancy Rate% for Industrial in Columbus, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Freestanding commercial property with modern upgrades on a corner lot.
Where is this industrial property located?
The property is located at 3440 W Broad St Columbus, OH.
What is the asking price?
The asking price for this property is $1,488,000.
What are key features of this property?
This property features: Prime corner location at West Broad and Wilson Road with excellent visibility and accessibility.; Extensively renovated in 2018, blending historic character with modern upgrades.; Large interior space of 21,844 sq. ft. on 2+\/- acres.
