3863 Trueman CtHilliard, OH 43026

Property Details for 3863 Trueman Ct

Year built

2007

Construction

WOOD

Lot size

1.32 AC

Property size (Sq ft)

9,888 SF

Property type

Office properties

Property subtype

Office buildings

APN

050-010674

APU

50010674

Description

This exceptional single-tenant office building, located at 3863 Trueman Ct in Hilliard, Ohio, presents a unique investment opportunity. Boasting 9,955 square feet of well-maintained space, this Class B property is situated on a 1.31-acre lot and features high-quality construction and finishes. Built in 2007, the single-story building is zoned PUD and offers convenient access to I-270, placing it within easy reach of a thriving retail and office corridor. The property includes above-code parking and an added benefit of 1,063 square feet of basement storage. A significant advantage is the inclusion of a full-capacity natural gas generator, ensuring business continuity. The asking price is $1,875,000, with an occupancy date of January 1st, 2025. This property is ideal for a business seeking a substantial, well-equipped, and conveniently located office space in a rapidly growing area of Franklin County. The building's excellent condition and desirable features make it a strong contender for discerning buyers. The property's single-tenant occupancy simplifies management and provides a stable investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,062,933

  6.5%

  $1,904,246

  7%

  $1,768,228

• Comparable approach

  Method

  Valuation

  Relative Method

  $924,924

  Geo Method

  $924,924

• Alternative Use

  Use

  Valuation

  Residential

  $2,361,264

  Hospitality

  $2,162,906

  Educational

  $1,799,512

  Medical

  $1,861,400

  Retail

  $2,799,241

Location Insight

City

Hilliard

County

Franklin

State

Ohio

Latitude

40.0392

Longitude

-83.1193

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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