3575 Livingston AveColumbus, OH 43227

Property Details for 3575 Livingston Ave

Year built

1968

Lot size

8.03 AC

Property size (Sq ft)

89,540 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

010-041544

APU

10041544

Description

This Columbus, Ohio retail property, Livingston Court Shopping Center, offers 153,790 square feet of space in a highly visible location at 3575 E Livingston Ave, situated on a 7.64-acre lot. The single-story, 1963-built center features three suites, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 8,463 square feet currently available. A total of 15,063 square feet is vacant. The property boasts over 500 parking spaces and is zoned C-4 in Franklin County's East submarket, near Courtright Road. Its high-traffic, signalized corner location provides easy access to major roadways. The center is suitable for various uses, including restaurants, discount stores, non-profit organizations, medical facilities, call centers, religious institutions, flea markets, and bingo halls. Competitive lease rates and terms are available.

• CAP approach

  CAP return

  Valuation

  6%

  $22,911,660

  6.5%

  $21,149,224

  7%

  $19,638,566

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,106,440

  Geo Method

  $21,106,440

• Alternative Use

  Use

  Valuation

  Residential

  $17,840,162

  Hospitality

  $16,341,493

  Educational

  $13,595,930

  Medical

  $14,063,515

  Retail

  $21,149,224

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9452

Longitude

-82.9008

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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