500 Hamilton Rd, Columbus, OH 43219-1824
- Flex space
- 15,000 SF
- 1.13 lot acres
Current Use by Public Records
- Etna Hamilton Plaza Apartments / Apartment Complex
- Head Start Program / High School / Daycare Center
- ARC Northeast Center / Social Service Agency
Property Details for 500 Hamilton Rd
- Year built
- 1963
- Lot size
- 1.13 lot acres
- Property type
- Flex space
- APN
- 010-063198
- APU
- 10063198
Description
This Columbus, Ohio industrial property at 500 N Hamilton Road offers a fantastic owner-user opportunity. The 15,000 square foot building boasts 9,000 square feet of conditioned production space, ideal for various business operations. The warehouse features a 12-foot clear height throughout, providing ample storage capacity. Access is convenient with large drive-in doors measuring 20' x 10' and 10' x 10'. Power is provided by a robust 600-amp electrical service. The property also includes a mezzanine level for additional storage and a small fenced yard area. The roof was replaced in 2018, ensuring long-term structural integrity. Currently zoned for manufacturing, this building is strategically located adjacent to the Airport and Defense Supply Center in Franklin County, offering excellent accessibility and logistical advantages. The asking price for this exceptional property is $1,950,000. This is a rare opportunity to acquire a well-maintained, functional industrial space in a prime Columbus location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $990,000
- 6.5%
- $910,000
- 7%
- $845,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $834,000
Market price range: $299k - $1.33M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,235,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.8686
- Latitude
- 39.9877
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA