5588 High StColumbus, OH 43085
- Retail properties
- 7,680 SF
Property Details for 5588 High St
- Year built
- 1953
- Construction
- WOOD
- Lot size
- 0.56 AC
- Property size (Sq ft)
- 7,680 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 010-101167
- APU
- 10101167
Description
This Columbus, Ohio office space, located at 5588 N High St, zip code 43085, offers 2,410 square feet of immediately available space in a 14,419 square foot building. The property, renovated in 2023, is ideally situated between the Worthington and Clintonville neighborhoods at a signalized intersection, ensuring excellent visibility and signage opportunities. The building is versatile, suitable for traditional office, creative office, medical office, or coworking uses, and is currently configured for multiple tenants. Ample parking is available with over 90 spaces. The minimum divisible space is 2,410 square feet, and the maximum contiguous space available is also 2,410 square feet. This retail and office space presents a unique opportunity for businesses seeking a high-traffic location with strong visibility and convenient access. The property's modern amenities and prime location make it an attractive option for a variety of businesses. The building's recent renovation ensures modern and updated facilities. This is a rare opportunity to secure a well-located and versatile office space in a thriving Columbus neighborhood.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,534,827
- 6.5%
- $1,416,763
- 7%
- $1,315,566
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,810,336
- Geo Method
- $1,810,336
-
Alternative Use
- Use
- Valuation
- Residential
- $1,195,093
- Hospitality
- $1,094,698
- Educational
- $910,776
- Medical
- $942,099
- Retail
- $1,416,763
Location Insight
- City
- Worthington
- County
- Franklin
- State
- Ohio
- Latitude
- 40.0767
- Longitude
- -83.0184
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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