5770 Karl RdColumbus, OH 43229

Property Details for 5770 Karl Rd

Year built

1980

Construction

WOOD

Lot size

1.09 AC

Property size (Sq ft)

10,224 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

010-025380

APU

10025380

Description

This exceptional 2,516 square foot medical office space is ideally situated at 5770 Karl Road in Columbus, Ohio, within Franklin County. Currently vacant and immediately available, this suite presents a turnkey opportunity for medical professionals seeking a well-appointed space. The layout includes three private offices, a dedicated exam room, a functional lab, and a spacious open work area, providing ample room for various medical practices. A large waiting area with a reception desk ensures patient comfort and efficient workflow. Two restrooms are conveniently located within the suite, and the property is fully ADA accessible, ensuring compliance and inclusivity. The estimated CAM (Common Area Maintenance) charge is $4.60 per square foot. The minimum leasable space is 2,516 square feet, and this is also the maximum contiguous space available. This single suite offers a complete and ready-to-occupy solution for a medical practice seeking a professional and functional space in a desirable Columbus location. The property is classified as a multi-tenant office building. This is a fantastic opportunity to establish or expand your medical practice in a well-maintained and accessible location. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,925,697

  6.5%

  $1,777,566

  7%

  $1,650,598

• Comparable approach

  Method

  Valuation

  Relative Method

  $956,353

  Geo Method

  $956,353

• Alternative Use

  Use

  Valuation

  Residential

  $2,204,182

  Hospitality

  $2,019,019

  Educational

  $1,679,800

  Medical

  $1,737,571

  Retail

  $2,613,023

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

40.0849

Longitude

-82.9749

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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