3863 Trueman Ct Hilliard, OH 43026-2496
- Office buildings
- 9,888 SF
- 1.32 lot acres
Current Use by Public Records
- Amity Home Health Care / Home Health Care Service
Property Details for 3863 Trueman Ct
- Year built
- 2007
- Construction
- WOOD
- Lot size
- 1.32 lot acres
- Property size
- 9,888 SF
- Property type
- Office buildings
- APN
- 050-010674
- APU
- 50010674
Description
This exceptional single-tenant office building, located at 3863 Trueman Ct in Hilliard, Ohio, presents a unique investment opportunity. Boasting 9,955 square feet of well-maintained space, this Class B property is situated on a 1.31-acre lot and features high-quality construction and finishes. Built in 2007, the single-story building is zoned PUD and offers convenient access to I-270, placing it within easy reach of a thriving retail and office corridor. The property includes above-code parking and an added benefit of 1,063 square feet of basement storage. A significant advantage is the inclusion of a full-capacity natural gas generator, ensuring business continuity. The asking price is $1,875,000, with an occupancy date of January 1st, 2025. This property is ideal for a business seeking a substantial, well-equipped, and conveniently located office space in a rapidly growing area of Franklin County. The building's excellent condition and desirable features make it a strong contender for discerning buyers. The property's single-tenant occupancy simplifies management and provides a stable investment opportunity.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,165,000
- 6.5%
- $2,000,000
- 7%
- $1,855,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,647,000
- AI Estimate
- $1,121,000
Market price range: $816k - $2.29MMarket price range: $466k - $1.80M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,735,000 Current use
- AUTO REPAIR, GARAGE
- $1,630,000 Change: -6% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,620,000 Change: -7% Conversion: Difficult
- MEDICAL BUILDING
- $1,485,000 Change: -14% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,435,000 Change: -17% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Hilliard
- County
- Franklin
- State
- Ohio
- Longitude
- -83.1193
- Latitude
- 40.0392
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA