2300 Hamilton RdColumbus, OH 43232

Property Details for 2300 Hamilton Rd

Year built

1982

Lot size

0.07 AC

Property size (Sq ft)

3,432 SF

Property type

Retail properties

Property subtype

Retail space

APN

010-021304

APU

10021304

Description

Hamilton Plaza, located at 2300 S Hamilton Rd, Columbus, OH 43232, presents a prime commercial opportunity. This Class A property, built in 1970, boasts a total of 132,311 square feet across one single-story building, situated on a 7-acre lot. The property features 11 suites, with a minimum divisible space of 4,178 square feet, offering flexibility for various business needs. A total of 280 parking spaces are available, ensuring convenient access for tenants and their clients. The zoning is C-COMMERCIAL, and the property is conveniently located near Kingsland Ave. The property's location offers excellent accessibility, including bus access, and serves a demographic with an average household income exceeding $56,000 annually. This well-maintained building provides a spacious parking lot and attractive leasing rates. The property is categorized as Retail, Office, and Land, with a subtype of Commercial and Traditional Office, and is suitable for multiple tenants. Franklin County is the location of this exceptional commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $878,186

  6.5%

  $810,634

  7%

  $752,731

• Comparable approach

  Method

  Valuation

  Relative Method

  $808,994

  Geo Method

  $808,994

• Alternative Use

  Use

  Valuation

  Residential

  $683,800

  Hospitality

  $626,357

  Educational

  $521,122

  Medical

  $539,044

  Retail

  $810,634

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9275

Longitude

-82.8788

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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