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    7634 Crosswoods Dr Columbus, OH 43235

    • Office Properties & Spaces
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Schlesinger Group - Columbus / Previously Focus Pointe / Market Researcher / Marketing Consultant
    • Advanced Behavioral Therapy / Mental Health Service

    Property Details for 7634 Crosswoods Dr

    Property type
    Office Properties & Spaces

    Description

    This exceptional executive office space, located within the prestigious Crosswoods Tech Center in Columbus, Ohio, offers a single available suite encompassing 3,874 square feet. Situated at 7634 Crosswoods Drive, zip code 43235, this property is part of a larger complex comprising three single-story buildings totaling 71,556 square feet. The building features a modern design with high ceilings, providing a spacious and comfortable work environment. The suite benefits from direct access via a dedicated entrance from both the parking lot and the suite itself, ensuring convenient access for tenants and their clients. This is a multiple tenancy building located in Franklin County. The property is ideal for businesses seeking a high-quality, well-located office space in a thriving Columbus business park. The address is easily accessible and offers ample parking. This single available suite presents a unique opportunity to establish a prominent presence in a desirable location. The space is ready for immediate occupancy and offers significant potential for a variety of businesses. Further details regarding lease terms and specifications are available upon request. Don't miss this chance to secure this exceptional office space in the heart of Columbus.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0065
    Latitude
    40.1182

    Comparable in this City

    • Value Estimation
      $205,000
      2,302 SF

      136 Northwoods Blvd Ste A1

      CONDOMINIUM OFFICES • 2,302 SF
      136 Northwoods Blvd Ste A1, Columbus, OH 43235-4728
      View Details
    • Value Estimation
      $190,000
      2,318 SF

      40 Northwoods Blvd

      CONDOMINIUM OFFICES • 2,318 SF
      40 Northwoods Blvd, Columbus, OH 43235-4718
      View Details
    • Value Estimation
      $240,000
      4,089 SF

      8100 Ravines Edge Ct Ste, Unit 100

      CONDOMINIUM OFFICES • 4,089 SF
      8100 Ravines Edge Ct Ste, Columbus, OH 43235-5426
      View Details
    • Value Estimation by Request
      1,038 SF

      3530 Snouffer Rd, Unit D

      CONDOMINIUM OFFICES • 1,038 SF
      3530 Snouffer Rd, Columbus, OH 43235-2702
      View Details
    • Value Estimation by Request
      1,231 SF

      3510 Snouffer Rd, Unit B

      CONDOMINIUM OFFICES • 1,231 SF
      3510 Snouffer Rd, Columbus, OH 43235-4299
      View Details
    • Value Estimation by Request
      2,314 SF

      3510 Snouffer Rd

      CONDOMINIUM OFFICES • 2,314 SF
      3510 Snouffer Rd, Columbus, OH 43235-4299
      View Details

    Similar Nearby for Sale

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      Columbus Medical Office Building

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      Established Medical Practice For Sale

      Long-standing medical practice with ample parking in high retail area.
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    • $1,050,000
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      Multi-Tenant Office Building For Sale

      Two-story, 7,000 SF office building near I-270.
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    • Contact for pricing
      111,800 SF

      Renovated Office Building For Sale

      Premier office building in Worthington submarket with flexible spaces.
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      15,988 SF

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    Similar Nearby for Lease

    • $9 SF/Yr
      119,000 SF

      Northwoods I Office Space Available

      Columbus Office Building: Prime Location, Flexible Suites
      7965 High St, Columbus, OH 43235
      View Details
    • $18 SF/Yr
      141,072 SF

      Farmers Dr Executive Offices

      Columbus Office Space: 8 Suites Available
      2500 Farmers Dr, Columbus, OH 43235
      View Details
    • $9 SF/Yr
      71,556 SF

      Columbus Executive Office Suites

      Prime Columbus Office Space Available
      266 Campus View Blvd, Columbus, OH 43235
      View Details
    • $18 SF/Yr
      80,000 SF

      Columbus Executive Office Suites

      Prime Columbus location, flexible suites available.
      355 Campus View Blvd, Columbus, OH 43235
      View Details
    • $9 SF/Yr
      23,371 SF

      Columbus Office Space for Lease

      Prime Office & Retail, Columbus, OH
      1 Campus View Blvd, Columbus, OH 43235
      View Details
    • $22 SF/Yr
      13,180 SF

      Crosswoods Executive Office Space

      Modern, flexible office solutions in Franklin County
      100 Campus View Blvd, Columbus, OH 43235
      View Details
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    7634 Crosswoods Dr
    Columbus, OH 43235
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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