2000 Lockbourne RdColumbus, OH 43207

Property Details for 2000 Lockbourne Rd

Year built

1946

Construction

WOOD

Lot size

0.20 AC

Property size (Sq ft)

4,772 SF

Property type

Commercial real estate

APN

010-115299

APU

10115299

Description

This exceptional 4,772 square foot special purpose property located at 2000 Lockbourne Road, Columbus, OH 43207, is available for lease. Situated near E Innis Avenue (APN 010-115299-00), this single-tenant building offers a unique opportunity for a variety of uses. Currently configured as a church, the property boasts a large stage perfect for services or other events, a fully equipped kitchen, three bathrooms, a dedicated recording area, and ample office space. The building's layout provides flexibility for adaptation to suit different needs. It's important to note that the property is not suitable for daycare use. The lease terms require a minimum five-year commitment and are structured as a triple net lease, meaning the tenant is responsible for all operating expenses. This property presents a compelling opportunity for a suitable non-daycare tenant seeking a substantial and well-appointed space in a convenient Columbus location. The lot size is not specified.

• CAP approach

  CAP return

  Valuation

  6%

  $911,580

  6.5%

  $841,459

  7%

  $781,354

• Comparable approach

  Method

  Valuation

  Relative Method

  $446,373

  Geo Method

  $446,373

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,730,340

  Retail / Commercial

  $872,883

  Mixed-Use / Specialty

  $858,401

  Hospitality / Lodging

  $614,978

  Office

  $841,459

  Institutional / Educational

  $888,327

  Residential Income

  $1,039,340

  Multifamily

  $1,309,570

  Automotive / Energy

  $761,424

  Parking / Income-Based Land

  $273,991

  Restaurant / Food Service

  $422,195

  Healthcare / Senior Housing

  $891,934

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9244

Longitude

-82.9648

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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