Office
For Sale
Contact for pricing
5310 E Main Street #202, Columbus, OH 43213
Flexible workspace with on-site parking accommodates a range of office layouts.
Property Size18,144 SF
Price / SF$0.04
Days on Market122
Property Features for 5310 E Main Street #202
General Information
Standard status
Active
Size
18,144 SF
Property subtype
Office
Site & Location
Neighborhood
Far East
Additional Details
Property Use
Office
Building Details
Year Built
1973
Listing Agency:
Real Estate Opportunity
(614) 924-0410
Listed By:
Ann Adams · License #2014003309
(614) 483-2315
Source:
Livewellhomegrp
Added: Jul 1
Changed: Oct 29
Last Checked: Oct 28 at 1:26PM
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 Real Estate Opportunity
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property at 5310 E Main Street, Suite 202, in Columbus was built in 1973. Flexible floor plans and natural light are among its stated features, with parking available for occupants and visitors.
Key Highlights
- Built in 1973
- Flexible floor plans
- Natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$209,623
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,192,460
$4.2M
Cap Rate 7%
$2,994,614
$3.0M
Cap Rate 9%
$2,329,144
$2.3M
Market Conditions
NOI Build-Up for 18,144 SF
Gross rent
$359.3K $19.80/SF
− Vacancy
−$79.8K −$4.40/SF
EGI
$279.5K $15.40/SF
− OpEx
−$69.9K −$3.85/SF
NOI
$209.6K $11.55/SF
Area
Columbus, OH
Vacancy
22.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,192,460
Cap Rate 7%
$2,994,614
Cap Rate 9%
$2,329,144
Alternative Uses
Best Use
Office B
$2.99M
$2.62M – $3.49M
NOI $209,623 @ 7.0% cap · market cap 27,048.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.78M
$3.31M – $4.41M
NOI $264,691 @ 7.0% cap · market cap 34,153.68%
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
411
Businesses Nearby
Explore this area
Business Placement
Demographics for 43213, OH
35,105
Population
17,069
Households
2.1
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
3,408
Density / Sq Mi
$53,908
Median Household Income
$37,753
Median Earnings
$1,107
Median Rent
$197,700
Median Home Value
Market
Vacancy Rate% for Office in Columbus, OH
Frequently Asked Questions
What type of property is this?
Office building - Flexible workspace with on-site parking accommodates a range of office layouts.
Where is this office building located?
The property is located at 5310 E Main Street #202 Columbus, OH.
What are key features of this property?
This property features: Built in 1973; Flexible floor plans; Natural light
