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    8000 Ravines Edge Ct Columbus, OH 43235

    Sponsored
    For Sale
    $6,950,000

    High-Occupancy Medical Office Complex

    Property size:
    30,003 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story, 30,003 square foot medical office building in Columbus, Ohio, presents a compelling investment opportunity. Boasting 100% occupancy, the property features a strong mix of medical, office, and professional tenants, including a Fortune 500 company leasing space since 2012 and a new 10-year medical lease on the main floor. Situated on a 2.5-acre lot in Franklin County (APN 610-203549-00), this 1986-built asset is zoned Commercial CPD and benefits from recent upgrades, including a repainted main lobby, new restrooms, and fresh carpeting on the first floor. The building showcases an open, dramatic two-story glass lobby. Its convenient location offers easy access to I-270/SR 23 interchange, and is less than a mile from a walk/bike trail. The property's attractive wooded setting enhances its appeal. The asking price is $6,950,000, representing a 7.00% cap rate. This net-leased, multi-tenant property is ideally positioned within a dense and affluent population area, making it an attractive investment for discerning buyers.

    Property Features for 8000 Ravines Edge Ct

    General Information

    Property type
    Medical offices
    Square Feet
    30,003 SF
    Lot Size
    108,900 SF

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    2

    HighLights

    • Medical and office building with strong tenant mix.
    • High occupancy, anchored by a new 10‑year medical lease and a long‑term Fortune 500 tenant (since 2012).
    • Excellent location with affluent demographics.
    • Recently renovated lobby, restrooms, and first‑floor carpeting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aaron Lee Boster, ... Neurologist The Boster Center for Multiple ... Neurologist Pro Bird Control ... Bird Control Service Harrison Title Co ... Title Company THE OVERCOMER FOUNDATION Foundation

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -83.020654
    Latitude
    40.1258129

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    FAQs

    What type of property is this?
    Medical office - High-Occupancy Medical Office Complex
    Where is this medical office located?
    The property is located at 8000 Ravines Edge Ct Columbus, OH.
    What is the asking price?
    The asking price for this property is $6,950,000.
    What are key features of this property?
    This property features: Medical and office building with strong tenant mix.; High occupancy, anchored by a new 10-year medical lease and a long-term Fortune 500 tenant (since 2012).; Excellent location with affluent demographics.
    Request Owner's contact information
    8000 Ravines Edge Ct Columbus, OH 43235
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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
    8000 Ravines Edge Ct Columbus, OH 43235
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