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Property profile & analytics
FOR LEASE
Office buildings
395 E Broad St Columbus, OH 43215
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1730342
For Lease
Contact for pricing
395 E Broad St, Columbus, OH 43215
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Property summary
AI-generated overview
395 E Broad St offers exceptional office space in the heart of Columbus, Ohio. This four-story, 35,809 square foot multi-tenant building boasts a highly visible location at the intersection of Broad Street and Cleveland Avenue, within the Discovery District Special Improvement District. The property provides convenient access to Capitol Square, the Ohio Statehouse, CCAD, The Columbus Museum of Art, Capital Law School, and a wealth of downtown dining and retail options. Seven individual office suites are currently available, ranging in size from 1,114 to 2,690 square feet, catering to a variety of business needs. Tenants benefit from secure parking with a 19-car underground executive garage and an additional 29 surface parking spaces. The building's prime location offers excellent opportunities for prominent building signage, enhancing brand visibility. This is a rare opportunity to secure office space in a highly desirable and convenient downtown Columbus location. The property is located in Franklin County, Ohio, with the address being 395 E Broad St, Columbus, OH 43215.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1959
Total area
48,000 SF
Lot
0.51 ac (22,303 SF)
APN
010-008377
UPID
US66-1730342
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Walton + Brown LLP Law Firm
-
Sky Nile Consulting Advertising Agency Marketing & Advertising
-
Ohio Psychological Association Charitable Organization Social Service Agency
-
USCIS Columbus OH Field Office Government Office
-
Childrens Defense Fund Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.98M
Owner & transaction history
Tep Columbus Oh LLC · 4 yrs held
Tep Columbus Oh LLC
since 2021
Last sale
$2.0M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,855,000
ML approach
$2,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.98M
Range $1.78M – $2.18M · ±10% · vs last sale $2.04M (Oct 21 2021)
Last sale anchor
$2.04M
Oct 21 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$41 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$54,495
Tax year 2023
Assessed value
$711,520
Assessed 2023
Previous assessed
$712,260
-0.1% YoY
Effective rate
7.66%
On assessed value
Assessed land
$472,500
Assessed improvement
$239,020
Land market value
$1,350,000
Improvement market value
$682,900
Total market value
$2,032,900
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1959
Heating
YES
Cooling
NONE
Buildings
1
Stories
3
Total area
48,000 SF
Lot
0.51 ac (22,303 SF)
APN
010-008377
UPID
US66-1730342
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1959
Heating
YES
Cooling
Yes
Stories
3
Buildings
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Tep Columbus Oh LLC
Entity
Mailing address
211 N ROBINSON AVE STE N1950, OKLAHOMA CITY, OK 73102-7142
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2021
$2,035,000
Tep Columbus Oh LLC
Boyd Columbus Oh LLC
Limited Warranty Deed
$42,000,000 · Centennial Bank
Jul 3, 2018
$3,800,000
Boyd Columbus Oh LLC
Curtis Investments-columbus Ll
Grant Deed
—
Aug 24, 2015
$1,750,000
Curtis Investments-columbus Ll
Ohio Afl-cio Building Corp
Grant Deed
$3,625,000 · Bank Of The Ozarks
Jan 29, 1998
$1,850,000
Ohio Afl-cio Building Corp
395 East Broad Street Co Ltd
Grant Deed
$1,400,000 · United States Natl Bk Johnstow
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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