All-Brick Standalone Office
New
For Sale
$2,100,000
379 W Olentangy Street, Powell, OH 43065
SINGLE_FAMILY - Powell, OH
Property Size7,822 SF
Lot Size0.99 Acres
Price / SF$268.47
Days on Market1
Property Features for 379 W Olentangy Street
General Information
Property type
Residential
Property subtype
Office
Parking
35
Standard status
Active
APN
319-432-02-010-008
Size
7,822 SF
Lot size
0.99 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
41931
Utilities
Heating system
Forced Air
Water source
Public
Amenities
private executive offices
open collaborative zone
open-concept workstation area
video conferencing
meeting rooms
entertainment lounge
gas fireplace
bar area
kitchen
modern entrance
Building Details
Year built
2005
Floors in Building
1
Listing Agency:
RE/MAX Impact · RE/MAX International
(614) 523-1000
Listed By:
Lorri Hughes Pritchard · License #395863
(614) 747-3710
Added: Jul 30
Last Checked: Jul 30 at 9:06PM
MLS# 226028765
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.
Standalone, all-brick corporate office facility offering 7,822 square feet on a 0.99-acre lot. The layout includes 14 private executive offices plus an open collaborative zone with an open-concept workstation area suited for team collaboration or a sales-oriented environment.
The property also features two meeting rooms equipped with dual 4K video conferencing for executive and remote communications. Additional amenities include a luxury entertainment lounge with a gas fireplace and a raised bar area with a kitchen, along with a modern updated entrance.
For day-to-day comfort, the building has forced air heating and is served by public water. Built in 2005, this facility is designed for an organized, client-facing office experience while supporting efficient internal operations.
The property also features two meeting rooms equipped with dual 4K video conferencing for executive and remote communications. Additional amenities include a luxury entertainment lounge with a gas fireplace and a raised bar area with a kitchen, along with a modern updated entrance.
For day-to-day comfort, the building has forced air heating and is served by public water. Built in 2005, this facility is designed for an organized, client-facing office experience while supporting efficient internal operations.
Key Highlights
- 7,822 SF standalone, all‑brick office facility on a 0.99‑acre lot
- Includes 14 private executive offices plus open collaborative workspace
- Two meeting rooms with dual 4K video conferencing
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 | $160.5k | $20.52 |
| − Vacancy | −$41.7k | −$5.34 |
| EGI | $118.8k | $15.18 |
| − OpEx | −$29.7k | −$3.80 |
| NOI | $89.1k | $11.39 |
7,822 SF · lease $20.52/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.27M
$1.11M – $1.48M
NOI $89,082 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M
NOI $108,260 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,056
Businesses Nearby
Explore this area
Business Placement
Demographics for 43065, OH
44,829
Population
17,468
Households
2.6
Avg Household Size
41
Median Age
68%
College-Educated
98%
High-School Grad
28.1 sq mi
ZIP Area
1,595
Density / Sq Mi
$154,797
Median Household Income
$83,357
Median Earnings
$1,811
Median Rent
$451,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - All-brick standalone office built in 2005 with forced-air heating and public water supply.
Where is this office building located?
The property is located at 379 W Olentangy Street Powell, OH.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 7,822 SF standalone, all‑brick office facility on a 0.99‑acre lot; Includes 14 private executive offices plus open collaborative workspace; Two meeting rooms with dual 4K video conferencing
