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Property profile & analytics
OFF-MARKET Estimated value $29,385,000
Retail residential properties

827 Goodale Blvd 871 Grandview Heights, OH 43212-3824

275,698 SF 2.85 ac lot Built 2021
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-0011148
Property summary
AI-generated overview

This Class A, five-story office building (24,568 total square feet) in Grandview/Upper Arlington offers flexible spaces ideal for a variety of businesses. Built in 2022, the property features 7,324 square feet of immediately available space, with a minimum divisible unit of 1,800 square feet. Units range from 2,112 to 6,029 square feet. The building boasts a desirable location on Goodale Boulevard, providing excellent visibility and frontage. Ample surface parking is available (4 spaces per 1000 square feet), and the building includes elevators for convenient access to all floors. The property sits on 2.85 acres of land and is zoned for commercial use (APN: 030-003396-00, Franklin County). Its strategic location offers easy access to I-315, placing it minutes from The Ohio State University, The Ohio State University Wexner Medical Center, and popular neighborhoods like downtown Columbus, Upper Arlington, Grandview Heights, and the Short North. The mixed-use development includes 260 apartment units and other commercial tenants, including a spa (opened December 2023), a healthy eatery (opening Spring 2024), a local bank, and a dine-in restaurant (both opening in the second half of 2024), creating a vibrant and thriving community. Signage opportunities are available.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 2021
Total area 275,698 SF
Lot 2.85 ac (124,146 SF)
APN 030-003396
UPID US66-0011148
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$19.90M
Blend (final) Blend
$29.39M
Owner & transaction history
835 Goodale Owner LLC · 3 yrs held
835 Goodale Owner LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $43.7M +63.4%
Apartment house (5+ units) $40.0M +49.3%
Office building $39.4M +47.0%
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