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Property profile & analytics
OFF-MARKET
Warehouses

626 Phillipi Rd Columbus, OH 43228

12,000 SF 16.16 ac lot Built 2017
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 2017
Total area 12,000 SF
Lot 16.16 ac (703,930 SF)
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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