201 Outerbelt StColumbus, OH 43213

Property Details for 201 Outerbelt St

Year built

1989

Lot size

3.00 AC

Property size (Sq ft)

12,594 SF

Property type

Office buildings

APN

520-132715

APU

520132715

Description

This exceptional 12,452 square foot, single-story creative office building is located at 201 Outerbelt Street in Columbus, Ohio, zip code 43213. Built in 1989 and recently renovated with a contemporary design, this Class C property sits on a 3-acre lot (APN 520-132715) and is currently 100% occupied. The building features ample parking and excellent signage opportunities, ideal for establishing a strong brand presence. Its strategic location provides easy access to major highways including I-270, I-71, and I-670, ensuring convenient commutes for employees and clients. The property is zoned M2 and offers a variety of potential uses, including the possibility of converting existing space into a drive-thru facility. The asking price is $1,900,000, translating to $152.59 per square foot. This freestanding building presents a compelling investment opportunity in the thriving Columbus market. The property includes an outside sitting area and was formerly used as a credit union, offering a blend of retail and office functionality. This is a rare opportunity to acquire a well-maintained, renovated property with significant potential for growth and return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $2,192,228

  6.5%

  $2,023,596

  7%

  $1,879,053

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,178,043

  Geo Method

  $1,178,043

• Alternative Use

  Use

  Valuation

  Residential

  $2,509,258

  Hospitality

  $2,298,467

  Educational

  $1,912,298

  Medical

  $1,978,065

  Retail

  $2,974,686

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9851

Longitude

-82.8314

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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