3600 Sullivant Ave Columbus, OH 43228-2122
- Warehouses
- 221,336 SF
- 13.29 lot acres
Current Use by Public Records
- Ideal Investments / Liquidator
- Environmental Reclaim / Recycling Center
- full steam ahead / Carpet Cleaning Service / Upholstery Cleaning Service
Property Details for 3600 Sullivant Ave
- Year built
- 1957
- Lot size
- 13.29 lot acres
- Property size
- 221,336 SF
- Property type
- Warehouses
- APN
- 010-212107
- APU
- 10212107
Description
This exceptional 221,720-square-foot heavy manufacturing facility is available for sale at $16,500,000 ($75/sq ft). Located at 3600 Sullivant Ave, Columbus, OH 43228, this single-story, Class B building sits on 13.35 acres and boasts robust infrastructure ideal for owner-users. Built in 1959 and renovated in 2023, the property features 24 dock-high doors, three drive-in doors, and ample outside trailer storage. The high ceiling (23 feet) and 60-foot wide column spacing provide versatile space for various industrial processes. The building includes approximately 15,000 square feet of office space with private offices, open work areas, training rooms, conference rooms, break areas, and a large reception area. Utilities include a 4-inch water line and a 2-inch gas line, supporting heavy industrial use. The property has approximately 75 parking spaces (expandable) and is conveniently located near I-270, I-70, and I-670, providing easy access to major transportation routes and a strong labor pool. The property is zoned for Heavy Manufacturing ("M") and offers significant power capacity (3,000-4,800 amps, 277/480V, 3-phase). This fee-simple property is offered as a 1031 exchange opportunity. The estimated replacement cost is $23.8 million ($108/sq ft). The property is a Qualified Census Tract (QCT).
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $835,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $890,000
- 6.5%
- $975,000
- 7%
- $980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $905,000
- Geo Method
- $730,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $920,000
- Retail
- $1,070,000
- Mixed-Use
- $995,000
- Hospitality
- $785,000
- Educational
- $1,080,000
- Residential Income
- $775,000
- Energy
- $930,000
- Income-Based Land
- $820,000
- Food Service
- $780,000
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0957
- Latitude
- 39.944
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA