2939 Kenny RdColumbus, OH 43221

Property Details for 2939 Kenny Rd

Year built

1974

Construction

WOOD

Lot size

0.29 AC

Property size (Sq ft)

23,227 SF

Property type

Office properties

Property subtype

Other office properties

APN

010-294126

APU

10294126

Description

This exceptional two-story office building, totaling 20,547 square feet, presents a unique leasing opportunity in Columbus' Upper Arlington submarket. Situated on a 0.18-acre lot at 2939 Kenny Road, this Class B property benefits from a highly visible location directly adjacent to The Ohio State University's main campus. Built in 1974 and extensively renovated in 2022, the building offers a blend of traditional and modern office spaces, suitable for various business needs. The property features ample surface parking conveniently located on the north and west sides. Its strategic placement at a traffic light on Kenny Road, with easy access to SR 315 (a major thoroughfare with 100,000 daily vehicles), ensures high visibility and convenient access for employees and clients. Kenny Road itself boasts approximately 25,000 cars daily. The building is part of an office park that includes a shared courtyard, enhancing the aesthetic appeal and providing a pleasant work environment. The C-2 zoning allows for a variety of commercial uses. The property's APN is 010-294125-00, located in Franklin County. This is a multi-tenant building offering signage opportunities. This prime location and recent renovations make this an ideal investment for businesses seeking a prominent presence in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $4,845,847

  6.5%

  $4,473,090

  7%

  $4,153,583

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,172,654

  Geo Method

  $2,172,654

• Alternative Use

  Use

  Valuation

  Residential

  $5,546,631

  Hospitality

  $5,080,684

  Educational

  $4,227,070

  Medical

  $4,372,445

  Retail

  $6,575,442

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

40.0195

Longitude

-83.0405

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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