20 High StNew Albany, OH 43054

Property Details for 20 High St

Year built

1930

Lot size

0.21 AC

Property size (Sq ft)

1,980 SF

Property type

Office buildings

APN

222-000058

APU

222000058

Description

This charming, two-level 1928 bungalow offers 1,860 square feet of executive office space in historic downtown New Albany, Ohio. The single-tenant building boasts a full kitchen and two full bathrooms, spread across two levels. The first floor features an open reception area, a coworking/showroom space with built-in shelving, an office with ample storage, and a decorative fireplace. Access to basement storage is also available. Two common area patios and a firepit provide outdoor space. The second floor includes three offices (or two offices and a large conference room), each with walk-in closets, plus an extra-wide hallway. The property includes two designated parking spaces, with additional off-street parking options nearby. Conveniently located near major highways (I-270, I-670, I-70, and I-71), this property offers easy access to the New Albany International Business Park, Intel, Easton Town Center, Columbus International Airport, and downtown Columbus. The landlord is currently renovating the exterior and completing the basement. Utilities are the responsibility of the tenant. The lot size is 0.12 acres.

• CAP approach

  CAP return

  Valuation

  6%

  $376,551

  6.5%

  $347,585

  7%

  $322,758

• Comparable approach

  Method

  Valuation

  Relative Method

  $185,209

  Geo Method

  $185,209

• Alternative Use

  Use

  Valuation

  Residential

  $431,006

  Hospitality

  $394,799

  Educational

  $328,468

  Medical

  $339,765

  Retail

  $510,950

Location Insight

City

New Albany

County

Franklin

State

Ohio

Latitude

40.0832

Longitude

-82.8081

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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