5588 High StColumbus, OH 43085

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

Strip malls

Property subtype

Neighborhood centers

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.

• 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

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