6631 Commerce PkwyDublin, OH 43017

Property Details for 6631 Commerce Pkwy

Year built

1987

Construction

WOOD

Lot size

2.94 AC

Property size (Sq ft)

27,000 SF

Property type

Office properties

Property subtype

Office buildings

APN

273-007304

APU

273007304

Description

This exceptional commercial property, located in Dublin's Northwest submarket cluster, presents a unique investment opportunity. The 54,000 square foot office complex sits on a 5.715-acre lot with 369.4 feet of frontage on Commerce Parkway, and is conveniently situated near Commerce Parkway and in the SO - Suburan Office and Institutional District. Built in 1987, this Class C building offers four suites, with 2,500 square feet currently vacant. Available spaces range from 1,250 to 2,250 square feet, catering to diverse business needs. One suite (2,250 sq ft) has City of Dublin approval for use as an esthetician's office. Other suites offer a mix of private offices, bathrooms, large reception areas, and flexible open-concept spaces with high ceilings. The property's location within a vibrant business community offers easy access to major highways, numerous Fortune 500 companies, and a variety of dining and retail amenities, creating a desirable work-life balance for tenants. The property's APN is 273-007303-00 and is located in Franklin County. This is an excellent opportunity to establish a presence in a thriving and well-connected area. The property's strategic location and flexible suite options make it an ideal choice for businesses seeking a dynamic and accessible workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $3,739,192

  6.5%

  $3,451,562

  7%

  $3,205,022

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,525,580

  Geo Method

  $2,525,580

• Alternative Use

  Use

  Valuation

  Residential

  $4,279,937

  Hospitality

  $3,920,399

  Educational

  $3,261,726

  Medical

  $3,373,902

  Retail

  $5,073,796

Location Insight

City

Dublin

County

Franklin

State

Ohio

Latitude

40.1035

Longitude

-83.1415

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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