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4300 Broad St Columbus, OH 43213-1243

OFF-MARKET Banks Google Maps
0.57 ac lot
Entity Owned 5-yr Hold Free & Clear
Estimated value (blended)
$820k
Range $738k – $902k (±10%)
Property ID US66-3568989

Property summary

AI-generated overview

This exceptional investment opportunity presents a fully leased, 35,904-square-foot office building situated on a 3.34-acre lot in Whitehall, Ohio. The property, located at 4300 E Broad Street, boasts convenient access to major highways I-670, I-70, and I-270. The building, constructed in 1980, is currently fully occupied by strong tenants, including the State of Ohio Opportunities for Ohioans with Disabilities (OOD). Ample parking is available in recently paved surface lots. A significant advantage is the inclusion of a buildable outlot within the sale, offering potential for a 36-unit development (see proposed renderings). The property comprises three parcels: 090-000430-00 (1.55 acres), 090-000908-00 (.46 acres), and 090-000432-00 (1.33 acres). The asking price is $2,600,000, translating to $72.42 per square foot. This presents a rare chance to acquire a stable, income-producing asset with significant future development potential in a desirable Columbus location. The property's strong tenant base and strategic location make it an attractive investment for discerning buyers.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Lot 0.57 ac (24,655 SF)
APN 090-000908
UPID US66-3568989

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm Bank
  • Real Estate Agency
  • Charitable Organization Social Service Agency
  • Social Service Agency Charitable Organization
  • Postal Service Courier Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$880k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$820k

Owner & transaction history

since 2021
Last sale
$900,000
1 recorded transaction
2021
$900,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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