3499 Main StHilliard, OH 43026

Property Details for 3499 Main St

Year built

2004

Construction

WOOD

Lot size

1.31 AC

Property size (Sq ft)

11,746 SF

Property type

Office properties

Property subtype

Office buildings

APN

050-010079

APU

50010079

Description

This exceptional single-tenant office building, located at 3499 Main St in Hilliard, Ohio, presents a unique investment opportunity. Boasting 11,891 square feet of well-designed space, this 2004-constructed building sits on a 1.3-acre lot and offers ample parking with 44 spaces. The property's strategic location at the intersection of Main St and Heritage Club Dr ensures high visibility, with over 23,000 vehicles passing daily. A large monument sign directly off Main Street provides exceptional exposure for any business. The building is zoned commercial and features a single story design. The asking price is $2,499,000, or the property can be leased at $17 per square foot, NNN. Its convenient location offers easy access to nearby parks, retail establishments, and restaurants, enhancing its appeal to both employees and clients. This property is ideal for businesses seeking a prominent and functional space in a thriving Ohio community. The zip code is 43026.

• CAP approach

  CAP return

  Valuation

  6%

  $1,740,848

  6.5%

  $1,606,937

  7%

  $1,492,155

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,098,721

  Geo Method

  $1,098,721

• Alternative Use

  Use

  Valuation

  Residential

  $1,992,601

  Hospitality

  $1,825,212

  Educational

  $1,518,555

  Medical

  $1,570,780

  Retail

  $2,362,197

Location Insight

City

Hilliard

County

Franklin

State

Ohio

Latitude

40.0227

Longitude

-83.1607

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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