Property profile

4700 Reed Rd Upper Arlington, OH 43220

OFF-MARKET
Office buildings
Property ID
US66-2252652
14,714 SF 0.88 ac lot Built 1972
Entity Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional office space in Upper Arlington, Ohio, presents a fantastic opportunity for businesses seeking a flexible and well-located workspace. Situated at 4700 Reed Road (cross street: Henderson), this single-tenant property boasts a total of 14,714 square feet across multiple suites. Currently available is a second-floor unit offering 773 square feet of open space, ideal for customization. This unit features epoxy floors and a private restroom. An adjacent suite (Suite M) of 596 square feet is also available, with the option to combine both units via an interconnecting door. The building offers ample parking with 30 spaces available. The property sits on a 0.91-acre lot (APN: 070-011070) and enjoys a north-facing view. Utilities are simplified with the owner covering electric and gas costs, while individual climate control allows tenants to personalize their comfort. The space is ready for immediate occupancy upon lease execution. Lease rates are negotiable and will be determined based on tenant specifications. This is a truly remarkable opportunity in a highly desirable Upper Arlington location, with easy access to Columbus and surrounding areas. The zip code is 43220.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1972
Total area 14,714 SF
Lot 0.88 ac (38,115 SF)
APN 070-011070
UPID US66-2252652

Cap rate & NOI

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

Location

4700 Reed Rd Upper Arlington, OH 43220-3074
Upper Arlington metro Census 6321 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$973k
Blend (final) Blend
$530k

Owner & transaction history

since 2007
7 recorded transactions
2007
$1.2M
2004
Price N/A
2004
$1.3M
2003
$1.2M
1999
$824,000
1999
$66,000
1969
Price N/A

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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