Modern Multi-Tenant Office
610 Taylor Station Rd, Gahanna, OH 43230
For Sale
$1,650,000
Fully leased office property with separate accommodations for two users and limited shared space.
Property Size6,400 SF
Days on Market94
Property Features for 610 Taylor Station Rd
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Highway Access
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Kohr Royer Griffith
Listed By:
Rob Gillie · License #2001007385
(614) 255-4369
Source:
Krgre
Added: Aug 8
Changed: Oct 25
Last Checked: Nov 8 at 3:19AM
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 Kohr Royer Griffith
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Investment Insights
Based on property information with market context.
Built in 2019, this office building is fully leased and configured for two independent occupants. The layout minimizes common areas while supporting separate office users within one commercial property. Its recent construction provides a contemporary office setting for the existing tenancy.
The property is located in East Columbus near Mt. Carmel East and is less than 10 minutes from Interstate 270. A 75% CRA tax abatement remains in place through 2034, adding a defined tax-benefit term to the investment profile.
The property is located in East Columbus near Mt. Carmel East and is less than 10 minutes from Interstate 270. A 75% CRA tax abatement remains in place through 2034, adding a defined tax-benefit term to the investment profile.
Key Highlights
- Built in 2019
- Fully leased to two independent office users
- Efficient multi‑tenant layout with minimal common areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,913
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,278,260
$1.3M
Cap Rate 7%
$913,043
$913.0K
Cap Rate 9%
$710,144
$710.1K
Market Conditions
NOI Build-Up for 6,400 SF
Gross rent
$112.1K $17.52/SF
− Vacancy
−$26.9K −$4.20/SF
EGI
$85.2K $13.32/SF
− OpEx
−$21.3K −$3.33/SF
NOI
$63.9K $9.99/SF
Area
ZIP 43230
Vacancy
24.00%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,278,260
Cap Rate 7%
$913,043
Cap Rate 9%
$710,144
Alternative Uses
Best Use
Office B
$913.0K
$798.9K – $1.07M
NOI $63,913 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.42M
NOI $84,984 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
Explore this area
Business Placement
Demographics for 43230, OH
58,372
Population
26,170
Households
2.2
Avg Household Size
37
Median Age
50%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
2,861
Density / Sq Mi
$92,271
Median Household Income
$53,832
Median Earnings
$1,407
Median Rent
$282,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Franklin County, OH
Properties on Market for Office buildings in Franklin County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Fully leased office property with separate accommodations for two users and limited shared space.
Where is this office building located?
The property is located at 610 Taylor Station Rd Gahanna, OH.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Built in 2019; Fully leased to two independent office users; Efficient multi‑tenant layout with minimal common areas
