2720 Airport DrColumbus, OH 43219

Property Details for 2720 Airport Dr

Year built

1997

Construction

WOOD

Lot size

1.99 AC

Property size (Sq ft)

17,878 SF

Property type

Office properties

Property subtype

Office buildings

APN

010-236482

APU

10236482

Description

This single-story, 18,000-square-foot office building at 2720 Airport Drive in Franklin County offers a variety of workspace solutions. Built in 1996 and extensively renovated in 2023, the property boasts a contemporary feel. Currently, 250 square feet of immediately available space is perfect for a small business or individual professional. The building accommodates multiple tenants, with a minimum divisible space of 250 square feet and a maximum contiguous space of 250 square feet. The property sits on two acres of land, providing ample parking with a generous 70 spaces (a ratio of 3.89 spaces per 1,000 square feet). Convenient access to I-670 via Airport Drive ensures easy commuting for employees and clients. The building's flexible layout caters to various business needs, from traditional office setups to coworking arrangements or executive suites. This prime location and recent renovation make this an exceptional opportunity for businesses seeking modern, efficient, and conveniently located office space. The property offers a blend of classic office space with the advantages of a recent upgrade, ensuring a comfortable and productive work environment.

• CAP approach

  CAP return

  Valuation

  6%

  $3,572,517

  6.5%

  $3,297,708

  7%

  $3,062,158

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,672,308

  Geo Method

  $1,672,308

• Alternative Use

  Use

  Valuation

  Residential

  $4,089,158

  Hospitality

  $3,745,647

  Educational

  $3,116,334

  Medical

  $3,223,510

  Retail

  $4,847,631

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9966

Longitude

-82.9338

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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