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Upper Arlington Professional Office Building

4700 Reed Road Columbus, OH 43220

4700 Reed Road, Columbus, OH, 43220
$1,350,000
For Sale
Claim this Listing
$1,350,000

Professional office building with flex office opportunity in Upper Arlington.

Property Size14,714 SF
Price / SF$91.75
AddedOct 14, 2025
Days on Market276
Last RefreshJul 14 at 8:39 pm

Property Features for 4700 Reed Road

General Information

Standard status
Active
Size
14,714 SF
Property subtype
Office / Office

Building Details

Year Built
1972

Listing office Hart Real Estate Agency LLC

Listing date Oct 14, 2025

Source Compass

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 Hart Real Estate Agency LLC


Investment Insights

Based on property information with market context.

This professional office building in Upper Arlington features 13 to 14 units, including a rare flex office opportunity. Each unit is equipped with private restroom facilities. The building has been maintained both inside and out. Many tenants are long-term, and all units are currently occupied, with a few operating on a month-to-month basis. The property offers a total size of 14714 square feet.

Key Highlights

  • Fully Occupied Building: Benefit from immediate income generation.
  • Rare Flex Office Opportunity: Unique flexible office space within the units.
  • Private Restroom Facilities in Each Unit: Enhances convenience and appeal.

Local 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 $90.0k $6.12
− Vacancy −$6.9k −$0.47
EGI $83.1k $5.65
− OpEx −$24.9k −$1.69
NOI $58.2k $3.95
14,714 SF · lease $6.12/SF/yr · vacancy 7.70% · expense 30.00%

Alternative Uses

Best Use
Office B
$2.43M
$2.12M – $2.83M (±1% cap)
NOI $169,995 @ 7.0% cap · market cap 12.59%
Second Best
Flex RnD
$2.09M
$1.83M – $2.44M (±1% cap)
NOI $146,216 @ 7.0% cap · market cap 10.83%
Theoretical Best
Office A
$3.07M
$2.68M – $3.58M (±1% cap)
NOI $214,653 @ 7.0% cap · market cap 15.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Speedia Accounting LLC Accounting Firm Travis Fiona Physician Chris Champion - State ... Insurance Agency Karmatology Reiki Alternative Medicine Practice Stephan Eleanor Physician

Suggested Use

Auto Repair Shop Auto Parts Store Building Supply Real Estate Agency Storage Facility HVAC Service Furniture & Home Goods Big Box & Wholesale Store Electrical Service Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Professional office building with flex office opportunity in Upper Arlington.
Where is this office building located?
The property is located at 4700 Reed Road Columbus, OH.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Fully Occupied Building: Benefit from immediate income generation.; Rare Flex Office Opportunity: Unique flexible office space within the units.; Private Restroom Facilities in Each Unit: Enhances convenience and appeal.
Contact an agent
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