827 Goodale BlvdGrandview Heights, OH 43212

Property Details for 827 Goodale Blvd

Year built

2021

Lot size

2.85 AC

Property size (Sq ft)

275,698 SF

Property type

Retail residential properties

APN

030-003396

APU

30003396

Description

This Class A, five-story office building (24,568 total square feet) in Grandview/Upper Arlington offers flexible spaces ideal for a variety of businesses. Built in 2022, the property features 7,324 square feet of immediately available space, with a minimum divisible unit of 1,800 square feet. Units range from 2,112 to 6,029 square feet. The building boasts a desirable location on Goodale Boulevard, providing excellent visibility and frontage. Ample surface parking is available (4 spaces per 1000 square feet), and the building includes elevators for convenient access to all floors. The property sits on 2.85 acres of land and is zoned for commercial use (APN: 030-003396-00, Franklin County). Its strategic location offers easy access to I-315, placing it minutes from The Ohio State University, The Ohio State University Wexner Medical Center, and popular neighborhoods like downtown Columbus, Upper Arlington, Grandview Heights, and the Short North. The mixed-use development includes 260 apartment units and other commercial tenants, including a spa (opened December 2023), a healthy eatery (opening Spring 2024), a local bank, and a dine-in restaurant (both opening in the second half of 2024), creating a vibrant and thriving community. Signage opportunities are available.

• CAP approach

  CAP return

  Valuation

  6%

  $65,620,520

  6.5%

  $60,572,788

  7%

  $56,246,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $39,972,624

  Geo Method

  $39,972,624

• Alternative Use

  Use

  Valuation

  Residential

  $60,572,788

  Hospitality

  $55,484,348

  Educational

  $46,162,324

  Medical

  $47,749,920

  Retail

  $71,808,064

Location Insight

City

Grandview Heights

County

Franklin

State

Ohio

Latitude

39.9738

Longitude

-83.0266

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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