5610 Hamilton RdColumbus, OH 43230

Property Details for 5610 Hamilton Rd

Year built

2005

Construction

WOOD

Lot size

0.88 AC

Property size (Sq ft)

7,442 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

545-163685

APU

545163685

Description

This single-tenant medical office building, totaling 3,942 square feet, is ideally situated in Columbus, Ohio, within Franklin County. The property boasts a highly visible location at the signalized intersection of North Hamilton Road and Preserve Boulevard, benefiting from a substantial daily traffic count exceeding 30,000 vehicles. Its convenient single-story design features direct access from the parking lot, enhancing patient and staff accessibility. The interior layout is well-suited for medical practices, including a spacious waiting area, exam rooms equipped with plumbing, a laboratory, and an x-ray facility. The building also features prominent, illuminated signage facing North Hamilton Road, ensuring excellent visibility and brand recognition. Previously occupied by OhioHealth urgent care, this property presents a turnkey opportunity for medical professionals seeking a well-established space in a thriving commercial area. Its proximity to the significant Intel development region further underscores its long-term investment potential. This exceptional property offers a rare combination of prime location, functional design, and high visibility, making it an attractive investment in a rapidly growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,401,706

  6.5%

  $1,293,882

  7%

  $1,201,462

• Comparable approach

  Method

  Valuation

  Relative Method

  $696,125

  Geo Method

  $696,125

• Alternative Use

  Use

  Valuation

  Residential

  $1,604,414

  Hospitality

  $1,469,634

  Educational

  $1,222,718

  Medical

  $1,264,770

  Retail

  $1,902,007

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

40.0708

Longitude

-82.8619

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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