Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3341 Centerpoint Dr E E Ste Urbancrest, OH 43123-1487
    Back to Search
    Property profile & analytics

    3341 Centerpoint Dr E E Ste, Urbancrest, OH 43123-1487

    View on Map
    • Office Spaces
    • 4,000 SF
    • 0.09 lot acres
    Off-Market
    Property ID
    US66-2051447
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bath Experts / Renovation Specialist / General Contractor
    • Northern Haserot Columbus / Big Box & Wholesale Store / Food Market
    • The Glass Guru / Hardware & Home Improvement / Home Decor Store
    • Architect HEWATT / Architectural Designer
    • A1 Office Installation / Corporate Office

    Property Details for 3341 Centerpoint Dr E E Ste

    Year built
    2004
    Lot size
    0.09 lot acres
    Property type
    Office Spaces
    APN
    161-001146
    APU
    161001146

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 27, 2024 — Americana Investment Co — Deed · related $1.2M · First Bank Of Central Ohio
    Aug 30, 2019 — American Invs — Grant Deed · related $1.3M · Lcnb Nat'l Bk
    Aug 5, 2014 — Americana Investment Co — Grant Deed · related $1.3M · First Bexley Bk
    Jun 1, 2007 $840,000 Americana Investment Co Tixe LLC Warranty Deed $2.4M · Skybank
    Sep 27, 2006 — Tixe LLC — Grant Deed · related $3.2M · Park Nat'l Bk
    Dec 12, 2005 $1,584,900 Tixe LLC 3240 Centerpoint LLC Warranty Deed $1.6M · The Park National Bank

    Description

    This ±4,000 square foot office/warehouse condo in Grove City, Ohio is now available for sale. The property, built in 2004, features approximately 1,400 square feet of office space, including a restroom. The warehouse area boasts a 21-foot clear ceiling height, one loading dock, and one drive-in door, providing ample space for various industrial uses. The unit is conveniently located in southwest Grove City, offering excellent freeway visibility and signage along I-270. Its strategic location provides easy access to major transportation arteries, with proximity to I-270 (approximately 0.25 miles) and I-71 (approximately 3 miles). The property's address is 3341 Centerpoint Dr., Unit J, Grove City, OH 43123, and its APN is 161-001151-00. A dual upflow paint booth is also available. This versatile space is ideal for businesses seeking a combination of office and warehouse functionality in a prime location with convenient access to major highways. The single-unit property is currently vacant and ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Urbancrest
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0811
    Latitude
    39.9057
    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
    $8,326
    $13,550
    $101,750
    $115,300
    -
    $38,700
    $290,700
    $329,400

    Comparable in this City

    • Value Estimation by Request
      1,928 SF

      3395 Farm Bank Way

      CONDOMINIUM OFFICES
      3395 Farm Bank Way, Grove City, OH 43123-1973
      View Details
    • Value Estimation by Request
      3,000 SF

      3341 Centerpoint Dr Ste D

      CONDOMINIUM OFFICES
      3341 Centerpoint Dr Ste D, Urbancrest, OH 43123-1487
      View Details
    • Value Estimation by Request
      3,000 SF

      3341 Centerpoint Dr Ste C

      CONDOMINIUM OFFICES
      3341 Centerpoint Dr Ste C, Urbancrest, OH 43123-1487
      View Details
    • Value Estimation by Request
      1,964 SF

      3387 Farm Bank Way

      CONDOMINIUM OFFICES
      3387 Farm Bank Way, Grove City, OH 43123-1973
      View Details
    • Value Estimation by Request
      2,444 SF

      3403 Farm Bank Way, Unit 3409

      CONDOMINIUM OFFICES
      3403 Farm Bank Way, Grove City, OH 43123-1974
      View Details
    • Value Estimation by Request
      17,387 SF

      4064-4074 Gantz Rd

      Medical Office Space
      4064-4074 Gantz Rd, Grove City, OH 43123
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Urbancrest Office/Warehouse with Superior Loading

      19,360 SF office/warehouse with excellent highway access.
      3389 Urbancrest Industrial Dr, Urbancrest, OH 43123
      View Details
    • Contact for pricing

      Urbancrest Office/Warehouse Unit For Sale

      19,360 SF office/warehouse unit with superior loading capabilities.
      3389 Urbancrest Industrial Dr, Urbancrest, OH 43123
      View Details
    • Contact for pricing

      Industrial/Flex Building with Rooftop Deck

      Two-story industrial/flex building with rooftop deck and freight elevator.
      2882 Lewis Centre Way, Urbancrest, OH 43123
      View Details
    • $1,375,000
      2.50 Acres

      Hoover Road Development Site

      Grove City, OH: 2.5-acre prime land
      0 Hoover Rd, Grove City, OH 43123
      View Details
    • Contact for pricing

      Land with High Visibility

      Commercial land with excellent visibility and high traffic counts.
      3019 Turnberry Ct, Grove City, OH 43123
      View Details
    • Contact for pricing
      3,027 SF

      New Freddy's Build-to-Suit Restaurant

      New 20-year NNN lease Freddy's restaurant for sale.
      4264 Buckeye Pkwy, Grove City, OH 43123
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Modern Office Space For Lease

      Bright office space available for lease.
      1929 Gateway Cir, Grove City, OH 43123
      View Details
    • Contact for pricing

      Modern Office Space For Lease

      Bright office space available for lease.
      1645 Gateway Cir, Grove City, OH 43123
      View Details
    • Contact for pricing
      5,054 SF

      Flex R&D Space Available

      Flex R&D space available for lease in Grove City.
      1667 Gateway Cir, Grove City, OH 43123
      View Details
    • $15 SF/Yr
      4,284 SF

      Medical Office with Dual Suites

      Medical or office suites offer flexible leasing, with multiple private rooms, reception areas, and lab space on both sides.
      3989 Jackpot Rd, Grove City, OH 43123
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Single tenant office space available for rent, 2,144 SqFt.
      1660 Gateway Cir, Grove City, OH 43123
      View Details
    • Contact for pricing

      Industrial/Flex Space with Rooftop Deck

      Two-story industrial/flex building with rooftop deck and short-term storage.
      2882 Lewis Centre Way, Urbancrest, OH 43123
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3341 Centerpoint Dr E E Ste
    Urbancrest, OH 43123-1487
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3341 Centerpoint Dr E E Ste, Urbancrest, OH, 43123
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!