Technical
Financial
Distress signals
Property profile

4340-4344 Lyman Dr Hilliard, OH 43026

OFF-MARKET
Flex space
Property ID
US66-5978966
28,851 SF 3.13 ac lot Built 1989
Entity Owned 7-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Franklin County property at 4340-4344 Lyman Drive offers a unique blend of office and industrial space, perfect for businesses seeking flexible and creative work environments. The building comprises four suites in total, with two currently available for lease. The minimum leasable space is a generous 5,400 square feet, while the maximum contiguous space available is 15,012 square feet, providing ample room for expansion or consolidation. The property is classified as both office and industrial, catering to a diverse range of businesses needing a combination of office space and areas suitable for light manufacturing, storage, or creative production. The "flex" and "creative office" subtypes highlight the adaptability and modern design features likely present within the building. This multi-tenant building offers a vibrant and collaborative atmosphere, ideal for companies seeking a dynamic workspace. The available spaces provide a significant opportunity for businesses to establish a strong presence in a desirable Franklin County location. Interested parties are encouraged to inquire about lease terms and availability for these versatile and well-situated spaces. The property's size and flexibility make it suitable for a variety of businesses, from startups to established companies seeking to expand their operations.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1989
Total area 28,851 SF
Lot 3.13 ac (136,473 SF)
APN 050-003295
UPID US66-5978966

Cap rate & NOI

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

Location

4340-4344 Lyman Dr Hilliard, OH 43026
Hilliard metro Census 7922 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.54M
Blend (final) Blend
$665k

Owner & transaction history

since 2019
5 recorded transactions
2022
Price N/A
2019
$1.8M
2008
$1.4M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $3.6M +55.4%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4340-4344 Lyman Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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