Standalone Office Building with
Reynoldsburg, OH 43068 Reynoldsburg, OH 43068
For Sale
$389,900
SINGLE_FAMILY - Reynoldsburg, OH
Property Size1,755 SF
Lot Size0.29 Acres
Price / SF$222.17
Days on Market47
Property Features
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking
- 15
- Standard status
- Active
- APN
- 060-002701
- Size
- 1,755 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 7873
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1959
Listing Agency:
USA-1 Real Estate Corp.
(740) 927-3400
Listed By:
Earl H Kerns
(614) 915-7230
Added: Jun 8
Changed: Jul 24
Last Checked: Jul 24 at 10:06AM
MLS# 226020745
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This standalone commercial building offers a professional, client-facing entry with a spacious reception and waiting area that flows into five distinct rooms. The interior has brand-new paint and updated floor coverings throughout, and the roof was completely replaced less than five years ago. The layout can support a range of office or service uses, with room configurations suitable for private offices, meeting space, or exam-style rooms.
The property provides prominent frontage on Brice Road and sits on a corner with Roselawn Ave, with convenient ingress/egress via Roselawn Ave intended to help avoid heavy Brice Road traffic. A newly coated, striped paved parking lot provides 15 dedicated parking spaces.
Located in Reynoldsburg, the building is less than one mile from the I-70/Brice Rd. interchange, supporting straightforward access for staff and clients traveling through Central Ohio.
The property provides prominent frontage on Brice Road and sits on a corner with Roselawn Ave, with convenient ingress/egress via Roselawn Ave intended to help avoid heavy Brice Road traffic. A newly coated, striped paved parking lot provides 15 dedicated parking spaces.
Located in Reynoldsburg, the building is less than one mile from the I-70/Brice Rd. interchange, supporting straightforward access for staff and clients traveling through Central Ohio.
Key Highlights
- 1,755 sq. ft. standalone commercial building in the City of Reynoldsburg
- Frontage on Brice Road and positioned on the corner of Brice Rd. and Roselawn Ave.
- Floor plan includes a reception and waiting area plus 5 distinct rooms for offices, exam rooms, conferences, or service suites
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.9k | $21.60 |
| − Vacancy | −$9.1k | −$5.18 |
| EGI | $28.8k | $16.42 |
| − OpEx | −$7.2k | −$4.10 |
| NOI | $21.6k | $12.31 |
1,755 SF · lease $21.60/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$308.7K
$270.1K – $360.1K
NOI $21,608 @ 7.0% cap · market cap 5.54%
Second Best
Healthcare Medical
$248.1K
$217.1K – $289.5K
NOI $17,369 @ 7.0% cap · market cap 4.45%
Theoretical Best
Specialty Retail
$357.8K
$313.1K – $417.4K
NOI $25,046 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Standalone office building with a reception and waiting area, updated interiors, and 15 dedicated parking spaces for client access.
Where is this office building located?
The property is located at Reynoldsburg, OH.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: 1,755 sq. ft. standalone commercial building in the City of Reynoldsburg; Frontage on Brice Road and positioned on the corner of Brice Rd. and Roselawn Ave.; Floor plan includes a reception and waiting area plus 5 distinct rooms for offices, exam rooms, conferences, or service suites
