700 Morse RdColumbus, OH 43214

Property Details for 700 Morse Rd

Year built

1974

Lot size

0.78 AC

Property size (Sq ft)

14,040 SF

Property type

Office properties

Property subtype

Office buildings

APN

010-058157

APU

10058157

Description

This exceptional 14,040 square foot single-tenant office space is ideally located on Morse Road, near the intersection with Indianola Avenue, in Columbus, Ohio. The property boasts a convenient first-floor end unit, offering easy accessibility for employees and clients. The building features a welcoming lobby with a dedicated reception area, perfect for creating a professional first impression. A spacious private common area provides versatile space for employee collaboration or relaxation, while a separate back office ensures increased privacy and functionality for sensitive tasks. Complete bathroom facilities are included for tenant comfort. The 0.78-acre lot provides ample space and parking opportunities. The property's strategic location offers seamless access to major highways and public transportation, ensuring easy connectivity throughout the Columbus area. Furthermore, the proximity to nearby shopping centers and retail hubs provides employees with convenient access to everyday amenities and professional services, fostering a dynamic and well-connected work environment. The APN is 010-058157. This property presents a unique opportunity for a business seeking a well-appointed and conveniently located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,644,443

  6.5%

  $2,441,024

  7%

  $2,266,666

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,313,302

  Geo Method

  $1,313,302

• Alternative Use

  Use

  Valuation

  Residential

  $3,026,870

  Hospitality

  $2,772,597

  Educational

  $2,306,768

  Medical

  $2,386,101

  Retail

  $3,588,306

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

40.0621

Longitude

-83.0004

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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