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    Property profile & analytics

    22 Gay St Columbus, OH 43215

    • Office Properties & Spaces
    • 3,917 SF
    • 0.09 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Value Estimation
    $225,000
    Location Intelligence
    Property ID
    US66-1337677
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 22 Gay St

    Year built
    1914
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Property size
    3,917 SF
    Property type
    Office Properties & Spaces
    APN
    010-207025
    APU
    10207025

    Description

    This exceptional office space at 22 E. Gay Street in Columbus, Franklin County, offers a unique opportunity for businesses seeking a vibrant and productive work environment. The property features modern, updated suites boasting an abundance of natural light and stunning views overlooking Gay and High Streets. Currently, a single, contiguous space of 1,156 square feet is immediately available for lease. This space represents the minimum divisible unit within the larger 9,579 square foot building. The building is multi-tenant, providing a collaborative and dynamic atmosphere. The available suite is ideal for a variety of businesses, from traditional office setups to creative agencies and executive offices, thanks to its flexible layout and modern amenities. Its prime location in the heart of downtown Columbus offers unparalleled access to a wealth of amenities, transportation options, and a thriving business community. The space is ready for immediate occupancy, allowing for a seamless transition for your business. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The building's total square footage is 9,579 square feet.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $225,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $180,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $180,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $190,000
      Retail
      $190,000
      Mixed-Use
      $175,000
      Hospitality
      $165,000
      Educational
      $170,000
      Residential Income
      $195,000
      Energy
      $195,000
      Income-Based Land
      $200,000
      Food Service
      $190,000

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0017
    Latitude
    39.9638
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,999
    $52,540
    $72,140
    $124,680
    -
    $150,100
    $206,100
    $356,200

    Comparable in this City

    • Value Estimation by Request

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    • Value Estimation by Request

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      View Details
    • Value Estimation by Request
      0.80 Acres

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      CONDOMINIUM OFFICES • 0.80 Acres
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      5 Auden Ave

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      33 Buttles Ave

      CONDOMINIUM OFFICES • 897 SF
      33 Buttles Ave, Columbus, OH 43215
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    • Value Estimation
      $365,000
      610 SF

      107 High St, Unit 109-1B

      CONDOMINIUM OFFICES • 610 SF
      107 High St, Columbus, OH 43215-3408
      View Details

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    22 Gay St
    Columbus, OH 43215
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    Realmo Value Estimation

    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.

    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.

    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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