Second-Floor Private
For Sale
Contact for pricing
5340 E Main Street 214, Columbus, OH 43213
Professional office unit with shared lobby, common areas, two entry points, and on-site parking.
Property Size860 SF
Price / SF$1.55
Days on Market97
Property Features for 5340 E Main Street 214
General Information
Standard status
Active
Size
860 SF
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Floor
2
Listing Agency:
Real Estate Opportunity
(614) 924-0410
Listed By:
Ann Adams
(614) 483-2315
Source:
Maryhatem
Added: Jul 15
Changed: Oct 14
Last Checked: Oct 16 at 8:53AM
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
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Investment Insights
Based on property information with market context.
This 860 sq ft private office occupies the second floor at 5340 E Main Street, Suite 214, within a five-building office complex. The space includes private offices, common areas, and access to a shared lobby. Two entry points and positioning near a stairwell support straightforward access for occupants and visitors.
The property sits in the E Main St business corridor, with restaurants, retail, and transit nearby. Interstate access is approximately ½ mile away from both I-270 and I-70, connecting the office to broader Columbus destinations. Franklin Park, Downtown Columbus, and the airport are also within the surrounding area. Substantial on-site parking is available, and the office is offered for immediate occupancy.
The property sits in the E Main St business corridor, with restaurants, retail, and transit nearby. Interstate access is approximately ½ mile away from both I-270 and I-70, connecting the office to broader Columbus destinations. Franklin Park, Downtown Columbus, and the airport are also within the surrounding area. Substantial on-site parking is available, and the office is offered for immediate occupancy.
Key Highlights
- 860 sq ft private office on the second floor
- Located within a five‑building office complex
- Approximately ½ mile from both I‑270 and I‑70
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,936
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,720
$198.7K
Cap Rate 7%
$141,943
$141.9K
Cap Rate 9%
$110,400
$110.4K
Market Conditions
NOI Build-Up for 860 SF
Gross rent
$17.0K $19.80/SF
− Vacancy
−$3.8K −$4.40/SF
EGI
$13.2K $15.40/SF
− OpEx
−$3.3K −$3.85/SF
NOI
$9.9K $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%
$198,720
Cap Rate 7%
$141,943
Cap Rate 9%
$110,400
Alternative Uses
Best Use
Office B
$141.9K
$124.2K – $165.6K
NOI $9,936 @ 7.0% cap · market cap 747.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$179.2K
$156.8K – $209.1K
NOI $12,546 @ 7.0% cap · market cap 943.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Columbus, OH
Frequently Asked Questions
What type of property is this?
Office units - Professional office unit with shared lobby, common areas, two entry points, and on-site parking.
Where is this office units located?
The property is located at 5340 E Main Street 214 Columbus, OH.
What are key features of this property?
This property features: 860 sq ft private office on the second floor; Located within a five‑building office complex; Approximately ½ mile from both I‑270 and I‑70
