3735 High StColumbus, OH 43207

Property Details for 3735 High St

Year built

1958

Lot size

37.90 AC

Property size (Sq ft)

122,175 SF

Zone code

3711

Property type

Retail properties

Property subtype

Super regional malls

APN

010-111591

APU

10111591

Description

This exceptional 311,913 square foot commercial property, located at 3735 S High St, Columbus, OH 43207, presents a unique investment opportunity in a thriving market. Built in 1997 and situated on a generous 37.9-acre lot, the property is zoned commercial (APN: 010-111591) and offers a diverse range of office and retail spaces. The building boasts 50 total suites, with minimum divisible space starting at 750 square feet and maximum contiguous space reaching 26,000 square feet, catering to various business needs. Tenancy is multiple, allowing for flexibility and diverse occupancy. The property enjoys excellent visibility along a major retail corridor, experiencing over 25,000 vehicles daily, and offers convenient access with multiple entry and exit points and ample parking. The existing tenant mix includes well-known brands, creating a vibrant and attractive environment. This location benefits from Columbus's status as one of the fastest-growing cities in the U.S., making it an ideal investment for long-term growth and profitability. The property's diverse subtypes, including executive, creative, traditional, and medical office spaces, as well as retail and salon options, ensure a wide appeal to potential tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $30,271,678

  6.5%

  $27,943,088

  7%

  $25,947,154

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,799,188

  Geo Method

  $28,799,188

• Alternative Use

  Use

  Valuation

  Residential

  $23,571,040

  Hospitality

  $21,590,946

  Educational

  $17,963,414

  Medical

  $18,581,204

  Retail

  $27,943,088

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.8841

Longitude

-83.0023

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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