1600 Lane AveUpper Arlington, OH 43221

  • Mixed-use properties
  • 234,770 SF
For Lease
$35/SF/YR View listing

Property Details for 1600 Lane Ave

Year built
2013
Lot size
2.25 AC
Property size (Sq ft)
234,770 SF
Zone code
1610
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
070-004663
APU
70004663

Description

This exceptional retail property, "The Lane," located at 1600 W Lane Ave in Upper Arlington, Ohio (zip code 43221), offers a unique opportunity for businesses seeking a vibrant location within the Columbus, Ohio market. Built in 2013, this single-building complex boasts a total of 94,799 square feet, suitable for a variety of uses including retail, restaurant, and fitness establishments. The property is currently configured for multiple tenants, with one space available ranging from 1,500 to 3,500 square feet, providing flexibility for businesses of varying sizes. Situated in the desirable Upper Arlington submarket of Franklin County, this location benefits from high visibility and excellent access to major transportation routes, ensuring strong foot traffic and convenient accessibility for customers. The property's modern design and prime location within a thriving community make it an ideal investment for businesses seeking to establish or expand their presence in a high-demand area. The year 2013 construction ensures modern amenities and efficient layouts. This is a rare opportunity to secure space in a highly sought-after retail center in Upper Arlington. Contact us today to learn more about this exceptional property and its leasing options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $48,980,048
    6.5%
    $45,212,352
    7%
    $41,982,896
  • Comparable approach

    Method
    Valuation
    Relative Method
    $21,960,386
    Geo Method
    $21,960,386
  • Alternative Use

    Use
    Valuation
    Residential
    $56,063,316
    Hospitality
    $51,353,696
    Educational
    $42,725,672
    Medical
    $44,195,072
    Retail
    $66,462,156
1600 Lane Ave, Upper Arlington, Ohio

Location Insight

City
Upper Arlington
County
Franklin
State
Ohio
Latitude
40.0078
Longitude
-83.0533
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$212,229
$205,770
$2,428,200
$2,633,970
-
$587,900
$6,937,700
$7,525,600

FAQs

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