Technical
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Property profile

5770 Karl Rd Columbus, OH 43229

OFF-MARKET
Medical Office Space
Property ID
US66-0314249
10,224 SF 1.09 ac lot Built 1980
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,516 square foot medical office space is ideally situated at 5770 Karl Road in Columbus, Ohio, within Franklin County. Currently vacant and immediately available, this suite presents a turnkey opportunity for medical professionals seeking a well-appointed space. The layout includes three private offices, a dedicated exam room, a functional lab, and a spacious open work area, providing ample room for various medical practices. A large waiting area with a reception desk ensures patient comfort and efficient workflow. Two restrooms are conveniently located within the suite, and the property is fully ADA accessible, ensuring compliance and inclusivity. The estimated CAM (Common Area Maintenance) charge is $4.60 per square foot. The minimum leasable space is 2,516 square feet, and this is also the maximum contiguous space available. This single suite offers a complete and ready-to-occupy solution for a medical practice seeking a professional and functional space in a desirable Columbus location. The property is classified as a multi-tenant office building. This is a fantastic opportunity to establish or expand your medical practice in a well-maintained and accessible location. Contact us today to schedule a viewing.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1980
Construction WOOD
Total area 10,224 SF
Lot 1.09 ac (47,698 SF)
APN 010-025380
UPID US66-0314249

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
  • Dental Office
  • Pharmacy
  • Pharmacy
  • Employment Agency
  • Medical Laboratory

Location

5770 Karl Rd Columbus, OH 43229-3604
Columbus metro Census 6931 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
$934k
Blend (final) Blend
$750k

Owner & transaction history

since 2024
Last sale
$750,000
7 recorded transactions
2024
$750,000
2014
$725,000
2014
$725,000
2000
$164,400
2000
$210,400
2000
Price N/A
1999
$400,000

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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