1000 Broad StColumbus, OH 43215

Property Details for 1000 Broad St

Year built

1975

Lot size

0.71 AC

Property size (Sq ft)

22,464 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

010-056326

APU

10056326

Description

This exceptional medical office building, located at 1000 E. Broad St, Columbus, OH 43215, offers 7,488 square feet of immediately available space on the second floor. The 22,464 square foot, two-story Class C building, constructed in 1975, sits on 1.22 acres and boasts a strong tenant mix including Ohio Health Center Clinic, Bowen Dental, Clinic Pharmacy, and Industry Labs, ensuring high patient traffic and referral opportunities. The property features 77 parking spaces, convenient bus stop access, and easy I-71 freeway access. New ownership has initiated significant capital improvements, including a new building exterior and elevator upgrades. Available spaces range from 1,413 to 7,488 square feet, ideal for a variety of medical practices. The building includes one elevator. This is a multi-tenant property. The property is located in a high-traffic area with excellent visibility and accessibility. This presents a unique opportunity to establish or expand a medical practice in a thriving Columbus location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,292,597

  6.5%

  $3,962,397

  7%

  $3,679,369

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,101,282

  Geo Method

  $2,101,282

• Alternative Use

  Use

  Valuation

  Residential

  $4,913,372

  Hospitality

  $4,500,622

  Educational

  $3,744,465

  Medical

  $3,873,243

  Retail

  $5,824,724

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9656

Longitude

-82.9747

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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