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Property profile & analytics
FOR LEASE
Office buildings

3 Easton Oval Columbus, OH 43219

98,862 SF 5.59 ac lot Built 1995
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US66-2274156
Property summary
AI-generated overview

This prestigious Class A, five-story office building, totaling 91,249 square feet, is situated on a 7-acre lot at the highly visible Easton Oval gateway, directly off I-270. Built in 1995 and renovated in 1999, the property boasts abundant amenities including 286 surface parking spaces and 20 climate-controlled underground spaces. The building features fully updated common areas, high-efficiency mechanical systems, a new roof, and solar panels, ensuring minimal downtime. Modern infrastructure includes redundant fiber and electric with "Clean Power" capabilities and existing data center infrastructure. On-site amenities include a gym with showers and a common conference room/event center. The location offers unparalleled visibility to over 158,000 vehicles daily on I-270, with building signage opportunities. Enjoy easy access to the Easton Town Center, offering a wealth of retail, dining, and entertainment options, and proximity to John Glenn International Airport (2.5 miles). Flexible space options are available, ranging from 2,000 to 35,000 contiguous square feet. The property is located in Franklin County, Ohio, with a Columbus zip code of 43219.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1995
Total area 98,862 SF
Lot 5.59 ac (243,500 SF)
APN 520-250982
UPID US66-2274156
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Alterra Real Estate Advisors Real Estate Agency
  • Landsel Title Agency, Inc Title Company
  • Call Psychic Now Columbus Spiritual Center
  • M/I Homes Construction Company General Contractor
  • Showcase Design Center Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.49M
Blend (final) Blend
$9.38M
Owner & transaction history
Easton Office LLC · 6 yrs held
Easton Office LLC
since 2020
Last sale
$9.4M
1 recorded transaction
2020
$6.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $14.3M +1.6%
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