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    4001 Groves Rd Columbus, OH 43232

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    For Lease
    Contact for pricing

    5-Acre Industrial Lot, Build-to-Suit Opportunity

    Lot size:
    199,069 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre industrial land parcel in Columbus, Ohio, presents a unique build-to-suit opportunity. Ideally situated at 4001 Groves Rd, 43232, this property offers unparalleled access to major transportation arteries, including Interstates 70 and 270, ensuring seamless logistics and distribution. The site is zoned M (Manufacturing), allowing for a diverse range of development options. The owner is prepared to collaborate on a build-to-suit project, accommodating the specific needs of a prospective tenant. Potential uses include truck maintenance facilities, warehousing, or manufacturing space, with the capacity to construct up to 40,000 square feet. All essential utilities are readily available on-site, simplifying the development process and minimizing upfront costs. This prime location, combined with the build-to-suit flexibility and convenient highway access, makes this an exceptional investment opportunity for businesses seeking a custom-designed industrial facility in a thriving Columbus market. The single-tenant nature of the property ensures focused development and streamlined operations.

    Property Features for 4001 Groves Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    199,069 SF

    Unit(s) available at that property

    Space
    Size
    199,069 SF

    HighLights

    • 5‑acre build‑to‑suit industrial land parcel in Columbus, OH.
    • Located at 4001 Groves Rd, 43232, with excellent access to I‑70 and I‑270.
    • M‑1 (Manufacturing) zoning allows for diverse development options.
    • Owner will collaborate on build‑to‑suit projects up to 40,000 square feet.
    • All utilities available on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.889981
    Latitude
    39.929649

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    FAQs

    What type of property is this?
    Land - 5-Acre Industrial Lot, Build-to-Suit Opportunity
    Where is this land located?
    The property is located at 4001 Groves Rd Columbus, OH.
    What are key features of this property?
    This property features: 5-acre build-to-suit industrial land parcel in Columbus, OH.; Located at 4001 Groves Rd, 43232, with excellent access to I-70 and I-270.; M-1 (Manufacturing) zoning allows for diverse development options.
    Request Owner's contact information
    4001 Groves Rd Columbus, OH 43232
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    Columbus, OH 43232
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4001 Groves Rd Columbus, OH 43232
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