2656 Columbus StLancaster, OH 43130

Property Details for 2656 Columbus St

Year built

2021

Lot size

1.83 AC

Property size (Sq ft)

19,800 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

053-20036.61

APU

532003661

Description

This exceptional single-tenant medical office building, completed in 2022, offers 4,100 square feet of versatile space in Lancaster's thriving business corridor. Ideally situated near major retail, restaurants, auto dealerships, other medical facilities, and FMC hospital, this property boasts unparalleled convenience and accessibility. The building sits on a 1.83-acre lot and provides ample parking with 71 spaces. On-site management ensures seamless operations. Flexible lease options are available, with build-to-suit capabilities catering to specific tenant requirements. Current spaces range from 240 to 3,000 square feet. The rental rate is $14.00 per square foot, plus a common area maintenance (CAM) fee of $2.50 per square foot. Utilities are separately metered and paid by the tenant. The property's APN is 05-32003-661, located in Fairfield County, and its address is 2656 N Columbus Street, with a cross street of Ety Road. This prime location and modern amenities make this an exceptional opportunity for medical professionals seeking a high-quality, well-situated office space. The building consists of one suite, offering a cohesive and efficient workspace. The build-to-suit option allows for complete customization to meet the unique needs of the tenant. The combination of convenient location, ample parking, and flexible lease terms makes this property a highly desirable investment.

• CAP approach

  CAP return

  Valuation

  6%

  $3,446,572

  6.5%

  $3,181,451

  7%

  $2,954,204

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,852,092

  Geo Method

  $1,852,092

• Alternative Use

  Use

  Valuation

  Residential

  $3,944,999

  Hospitality

  $3,613,598

  Educational

  $3,006,471

  Medical

  $3,109,868

  Retail

  $4,676,732

Location Insight

City

Lancaster

County

Fairfield

State

Ohio

Latitude

39.7444

Longitude

-82.6405

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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