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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 Market121

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
Listed By: Ann Adams · License #2014003309
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

Rey
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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 (±1% cap)
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 (±1% cap)
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

Henry Kaminski Foster Care Service Denise Y. Hatter-Fisher, ... Physician Joyce Jadwin Physician Just Listed Real ... Real Estate Agency Jessie Buys Columbus Real Estate Agency

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Auto Repair Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

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

14.1% 2019
20.2% 2020
23.4% 2021
26.3% 2022
25.6% 2023
24.1% 2024
23.5% 2025

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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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