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Property profile & analytics
OFF-MARKET Estimated value $7,925,000
Showrooms

855 Grandview Ave Columbus, OH 43215-1192

103,692 SF 2.36 ac lot Built 1947
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US66-6031850
Property summary
AI-generated overview

This exceptional office property, located at 855 Grandview Avenue in Columbus, Ohio, presents two available suites ideal for businesses seeking a prime location. Each suite offers generous space, ranging from 1,410 to 1,418 square feet, perfect for a variety of office configurations. The building is a traditional office style, situated in the desirable Grandview Heights neighborhood, known for its blend of urban amenities and suburban tranquility. This vibrant area boasts a diverse mix of commercial enterprises, restaurants, retail shops, and hospitality options, catering to a wide range of needs. Grandview Heights is also recognized for its excellent school district, making it an attractive location for employees and businesses alike. The property's strategic location provides unparalleled access to major transportation arteries, including State Route 33 and Interstate 670, ensuring convenient commutes for employees and clients. Furthermore, its proximity to Downtown Columbus, the Arena District, Short North Arts District, Brewery District, German Village, and The Ohio State University offers unparalleled connectivity to the city's cultural, entertainment, and educational hubs. This is a rare opportunity to secure high-quality office space in a thriving and highly sought-after Columbus neighborhood. The multiple tenancy structure allows for flexibility and potential for growth. The property is located in Franklin County, Ohio, with a zip code of 43215.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1947
Total area 103,692 SF
Lot 2.36 ac (103,019 SF)
APN 030-002570
UPID US66-6031850
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
Current use
Occupant on record · Public records
  • Tiffany Hinkle, Counselor Physician Medical Clinic
  • Standard (Bike/Boat/Book/etc) Store
  • Amy Ogden Physician
  • ELIFIN Commercial Real Estate - Columbus Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.25M
Blend (final) Blend
$7.93M
Owner & transaction history
855 Grandview LLC · 6 yrs held
855 Grandview LLC
since 2019
7 recorded transactions
2019
$13.8M
2019
Price N/A
2015
$9.0M
2011
Price N/A
2008
Price N/A
2007
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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