4323 Eastpoint DrColumbus, OH 43232

Property Details for 4323 Eastpoint Dr

Year built

1973

Lot size

0.39 AC

Property size (Sq ft)

10,296 SF

Property type

Office properties

Property subtype

Office buildings

APN

010-014546

APU

10014546

Description

Exceptional redevelopment opportunity in Columbus, Ohio, presents a vacant 15,444 square foot office building situated on a 0.81-acre lot. The property, identified by APN 010-014546, is currently zoned CAC (Community Activity Center), allowing for diverse mixed-use development options, including up to seven stories. The building, constructed in 1973, offers significant potential for adaptive reuse or new construction. Its vacant status provides immediate occupancy for the buyer, with an occupancy date of November 13, 2024. The property's location at 4323 Eastpoint Dr, Columbus, OH 43232, offers convenient access to Columbus's amenities and infrastructure. Note that this property may be combined with a neighboring lot (APN 010-013942) to further enhance redevelopment potential. This presents a unique chance to acquire a substantial property in a dynamic area, ready for a transformative project. The asking price is $950,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,792,217

  6.5%

  $1,654,354

  7%

  $1,536,186

• Comparable approach

  Method

  Valuation

  Relative Method

  $963,088

  Geo Method

  $963,088

• Alternative Use

  Use

  Valuation

  Residential

  $2,051,400

  Hospitality

  $1,879,071

  Educational

  $1,563,365

  Medical

  $1,617,132

  Retail

  $2,431,901

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9275

Longitude

-82.8812

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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