Medical Office
For Sale
Contact for pricing
6482 E Main Street, Reynoldsburg, OH 43232
Flexible office or medical configuration within a medical office condominium on East Main Street.
Property Size5,857 SF
Price / SF$187.81
Days on Market60
Property Features for 6482 E Main Street
General Information
Standard status
Active
Size
5,857 SF
Property subtype
Office
Zoning
BMD (Brice and Main District)
Occupancy
76%
Net Operating Income
$7,601
Additional Details
Road Access
Yes
Building Details
Stories
1
Tenancy
Multi
Listing Agency:
JLL - Columbus | Front Street, Ohio
Listed By:
Joey Lamb · License #2020006553
(614) 460-4412
Source:
Crexi
Added: Aug 8
Changed: Sep 23
Last Checked: Oct 5 at 4:50PM
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 JLL - Columbus | Front Street, Ohio
Investment Insights
Based on property information with market context.
This 5,857-square-foot medical office suite is located within an established medical office condominium at Stonegate Business Center. The space supports either a general office layout or a medical configuration, providing flexibility for professional occupancy. The building is zoned BMD (Brice and Main District).
Positioned directly on East Main Street, the property has frontage along US-40 in Reynoldsburg. An OB/GYN practice occupies the balance of the building, placing the suite alongside an existing medical office user. The property is offered for sale.
Positioned directly on East Main Street, the property has frontage along US-40 in Reynoldsburg. An OB/GYN practice occupies the balance of the building, placing the suite alongside an existing medical office user. The property is offered for sale.
Key Highlights
- 5,857‑square‑foot medical office suite
- Flexible general office or medical configuration
- Established medical office condominium at Stonegate Business Center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,111
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,442,220
$1.4M
Cap Rate 7%
$1,030,157
$1.0M
Cap Rate 9%
$801,233
$801.2K
Market Conditions
NOI Build-Up for 5,857 SF
Gross rent
$126.5K $21.60/SF
− Vacancy
−$30.4K −$5.18/SF
EGI
$96.1K $16.42/SF
− OpEx
−$24.0K −$4.10/SF
NOI
$72.1K $12.31/SF
Area
Franklin County, OH
Vacancy
24.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,442,220
Cap Rate 7%
$1,030,157
Cap Rate 9%
$801,233
Alternative Uses
Best Use
Office B
$1.03M
$901.4K – $1.20M
NOI $72,111 @ 7.0% cap · market cap 6.56%
Second Best
Healthcare Medical
$828.1K
$724.6K – $966.1K
NOI $57,967 @ 7.0% cap · market cap 5.27%
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,585 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
808
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43232, OH
44,823
Population
20,211
Households
2.2
Avg Household Size
35
Median Age
18%
College-Educated
86%
High-School Grad
12.4 sq mi
ZIP Area
3,615
Density / Sq Mi
$50,599
Median Household Income
$37,156
Median Earnings
$1,048
Median Rent
$152,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible office or medical configuration within a medical office condominium on East Main Street.
Where is this medical office space located?
The property is located at 6482 E Main Street Reynoldsburg, OH.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 5,857‑square‑foot medical office suite; Flexible general office or medical configuration; Established medical office condominium at Stonegate Business Center
