1085 Stimmel Rd, Unit 1091 Columbus, OH 43223-2911
- Flex space
- 6,624 SF
- 1.45 lot acres
Current Use by Public Records
- Flex space
Property Details for 1085 Stimmel Rd
- Year built
- 1958
- Construction
- WOOD
- Lot size
- 1.45 lot acres
- Property size
- 6,624 SF
- Zone code
- 1085
- Property type
- Flex space
- APN
- 140-007062
- APU
- 140007062
Description
This exceptional 16,305-square-foot flex space property, located at 1085 Stimmel Road, Columbus, and situated on a 1.44-acre lot (APN 140-007062), is available for lease at $10 per square foot, NNN ($13,500 monthly base rent). The property boasts a completely renovated, stand-alone design, offering convenient access to Downtown Columbus. The building features a freshly remodeled (2024) 1,050-square-foot office area, complete with a reception area, four private offices, and a spacious kitchenette/breakroom. In addition to the office space, there is a substantial 15,255-square-foot warehouse/shop area equipped with three-phase power throughout and radiant heat. The warehouse features eight 12' x 12' drive-in doors, enhancing accessibility and efficiency. Further enhancing the property's functionality are 2,400 square feet of covered storage bays, an exterior dock, and a loading ramp. Ample paved parking is available for tenants and visitors. The property is conveniently located near Harmon Ave. This property presents a unique opportunity for businesses seeking a blend of modern office space and expansive warehouse capabilities in a prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $755,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $765,000
- 6.5%
- $810,000
- 7%
- $770,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $650,000
- Geo Method
- $675,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $830,000
- Retail
- $800,000
- Mixed-Use
- $655,000
- Hospitality
- $640,000
- Educational
- $745,000
- Residential Income
- $675,000
- Energy
- $650,000
- Income-Based Land
- $845,000
- Food Service
- $720,000
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0256
- Latitude
- 39.9362
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA