325 Cramer Creek CtDublin, OH 43017

  • Office properties
  • 29,502 SF
For Sale
$2,700,000 View listing

Property Details for 325 Cramer Creek Ct

Year built
1985
Lot size
2.49 AC
Property size (Sq ft)
29,502 SF
Property type
Office properties
Property subtype
Office buildings
APN
273-002703
APU
273002703

Description

This exceptional 30,000-square-foot office building, located at 325 Cramer Creek Ct in Dublin, Ohio, presents a unique owner-user or multi-tenant opportunity. The two-story, Class B building, constructed in 1986, sits on a 3.5-acre lot and boasts 100 surface parking spaces. Currently vacant, this property offers immediate occupancy and is easily adaptable to suit various business needs. Its flexible layout allows for single or multi-tenant configurations, making it ideal for a range of users. The building features two passenger elevators and one freight elevator, along with ample onsite locker rooms equipped with showers. Situated in the desirable Cramer Creek Office Park, it benefits from excellent visibility and signage on Frantz Road, and enjoys convenient access to major highways (I-161 and I-270). The property's prime location offers proximity to numerous amenities, including Starbucks, The Corners retailers, and the vibrant Bridge Park development. Zoned MUR-4 (Mixed Use Regional Llewellyn Farms Office District), this property offers significant potential for a variety of uses. The asking price is $2,700,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,085,691
    6.5%
    $3,771,407
    7%
    $3,502,020
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,759,617
    Geo Method
    $2,759,617
  • Alternative Use

    Use
    Valuation
    Residential
    $4,676,544
    Hospitality
    $4,283,690
    Educational
    $3,563,980
    Medical
    $3,686,550
    Retail
    $5,543,968
325 Cramer Creek Ct, Dublin, Ohio

Location Insight

City
Dublin
County
Franklin
State
Ohio
Latitude
40.0832
Longitude
-83.1217
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$74,052
$298,310
$529,830
$828,140
-
$852,300
$1,513,800
$2,366,100

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