626 Phillipi Rd Columbus, OH 43228
This exceptional 12,000-square-foot freestanding warehouse in Columbus, Ohio, presents a significant opportunity. Built in 2017, this single-tenant property sits on a generous 16.16 acres of land in Franklin County and is zoned for general industrial use. The building boasts a single story with impressive 20-22 foot clear ceiling heights, making it ideal for a variety of industrial uses. Efficient operations are ensured with four loading docks and two 14-foot drive-in doors. Currently, the property is undergoing improvements, including the addition of water and restroom facilities. Further enhancements, such as heating, are available for an adjusted rental rate. This property offers ample space and convenient access, making it an attractive option for businesses seeking a modern and functional warehouse space. The property's location in Columbus, Ohio, provides access to major transportation routes and a robust workforce. The entire 12,000 square feet is currently vacant and ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.