1550 Old Henderson RdColumbus, OH 43220

Property Details for 1550 Old Henderson Rd

Year built

1972

Lot size

3.00 AC

Property size (Sq ft)

62,496 SF

Property type

Office properties

Property subtype

Office buildings

APN

010-129836

APU

10129836

Description

This exceptional office property in Upper Arlington offers two fully updated suites, ranging from 322 to 1,784 square feet, perfect for businesses seeking flexible and modern workspace. Located in a highly desirable area, the property boasts convenient access to a variety of retailers, restaurants, and banks, ensuring a convenient and thriving business environment. The building features a shared conference room, comfortably seating up to 50 people, ideal for meetings and presentations. Tenants will appreciate the ADA-compliant first-floor access, ensuring inclusivity and accessibility. Beyond the functional aspects, this property offers a significant amenity: an extra-large private courtyard, meticulously landscaped with mature plantings and ample seating, providing a tranquil outdoor space for relaxation and informal gatherings. The courtyard features comfortable tables, creating an inviting atmosphere for employees and clients alike. The property's traditional office layout provides a professional and efficient work environment, while the modern updates ensure a comfortable and contemporary feel. This is an unparalleled opportunity to secure high-quality office space in a prime Upper Arlington location. The available suites cater to a range of business needs, offering a scalable solution for growth and expansion. The combination of modern amenities, convenient location, and a serene outdoor space makes this property an exceptional choice for discerning businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $13,038,535

  6.5%

  $12,035,571

  7%

  $11,175,888

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,845,876

  Geo Method

  $5,845,876

• Alternative Use

  Use

  Valuation

  Residential

  $14,924,108

  Hospitality

  $13,670,403

  Educational

  $11,373,615

  Medical

  $11,764,771

  Retail

  $17,692,290

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

40.0525

Longitude

-83.061

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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