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Property profile & analytics
FOR LEASE
Medical Office Space

4000 Indianola Ave Columbus, OH 43214

3,780 SF 0.81 ac lot Built 1972
Individually Owned 15-yr Hold Free & Clear
Property ID
US66-0549317
Property summary
AI-generated overview

This exceptional 3,780-square-foot medical office building presents a unique investment opportunity in the desirable Clintonville neighborhood of Columbus, Ohio. Situated at 4000 Indianola Avenue, near Cooke Rd, and easily accessible via I-71 and the COTA bus line, this single-tenant property boasts unparalleled convenience for both patients and staff. The building features six medical office suites, each designed to accommodate a variety of healthcare practices. Suite sizes average 144 square feet for exam rooms, with larger options available, making it ideal for both established practices and new ventures. Ample parking is provided with over 30 spaces, addressing a significant need in this high-demand area. The property sits on a 0.81-acre lot (APN: 010-006599) and is currently offered for sale at $1.2 million. Individual office suites are also available for lease at a gross rate of $850 to $1000 per month. This property offers a blend of investment potential and immediate income generation, making it an attractive proposition for discerning buyers. The building's strategic location and well-designed layout combine to create a highly functional and appealing space for medical professionals. This is a rare opportunity to acquire a thriving medical office building in a thriving Columbus neighborhood.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1972
Total area 3,780 SF
Lot 0.81 ac (35,327 SF)
APN 010-006599
UPID US66-0549317
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
  • Kinetic Nutrition Physician
  • Clinical Health Solutions Weight Loss Service
  • Same Day Dumpster Rental Columbus Waste Management Facility Hazardous Waste Disposal
  • Spine & Sports Chiropractic Alternative Medicine Practice
  • Kevin R. Kemp, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kevin Kemp · 15 yrs held
Kevin Kemp
since 2011
3 recorded transactions
2011
Price N/A
2005
Price N/A
1999
$318,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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