4278 Indianola AveColumbus, OH 43214

Property Details for 4278 Indianola Ave

Year built

1949

Construction

WOOD

Lot size

0.17 AC

Property size (Sq ft)

1,860 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

010-093253

APU

10093253

Description

This well-maintained, 1,860-square-foot special purpose building is ideally situated on Indianola Avenue in the thriving Clintonville neighborhood of Columbus, Ohio. The property boasts a single-tenant occupancy history, previously operating as a successful medical office. Its convenient location ensures high visibility and ample car traffic, making it an excellent opportunity for a variety of businesses. The 0.17-acre lot provides convenient parking for clients and staff. The building's excellent condition minimizes immediate capital expenditure needs, allowing for a swift transition to new operations. The property's address is 4278 Indianola Avenue, Columbus, OH 43214, with a cross street of High Street and APN 010-093253. This location benefits from its established presence within a popular and densely populated community, offering immediate access to a substantial customer base. The building is ready for immediate occupancy and presents a unique opportunity for a business seeking a move-in ready space in a high-traffic area. The property is zoned for special purpose use.

• CAP approach

  CAP return

  Valuation

  6%

  $353,798

  6.5%

  $326,582

  7%

  $303,255

• Comparable approach

  Method

  Valuation

  Relative Method

  $173,984

  Geo Method

  $173,984

• Alternative Use

  Use

  Valuation

  Residential

  $404,962

  Hospitality

  $370,943

  Educational

  $308,620

  Medical

  $319,234

  Retail

  $480,076

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

40.0518

Longitude

-82.9997

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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