8000 Ravines Edge CtColumbus, OH 43235

Property Details for 8000 Ravines Edge Ct

Year built

1986

Construction

WOOD

Lot size

2.46 AC

Property size (Sq ft)

30,648 SF

Property type

Office buildings

APN

610-203549

APU

610203549

Description

This exceptional two-story office building, situated on a 2.46-acre lot in the desirable Worthington submarket of Columbus, Ohio, presents a unique investment opportunity. The property, located at 8000 Ravines Edge Ct, boasts a total of 30,003 square feet, with 4,427 square feet currently available for lease. Built in 1986 and renovated in 1982, the building offers a blend of classic charm and functional design. The property is zoned Commercial - CPD and is ideal for multiple tenants seeking executive office space. Six individual suites are currently available, ranging in size from 725 to 10,744 square feet, providing flexibility for businesses of various sizes. Ample parking is provided with a ratio of 4 spaces per 1,000 square feet. The building's location in Franklin County offers easy access to major transportation routes and amenities. This is a rare opportunity to acquire a well-maintained, multi-tenant office building in a highly sought-after location. The property's beautiful setting and convenient location make it an attractive option for businesses seeking a prestigious address in the Columbus area. The available space offers a chance to establish or expand your business in a thriving commercial environment. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $6,394,090

  6.5%

  $5,902,236

  7%

  $5,480,648

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,866,814

  Geo Method

  $2,866,814

• Alternative Use

  Use

  Valuation

  Residential

  $7,318,774

  Hospitality

  $6,703,957

  Educational

  $5,577,614

  Medical

  $5,769,436

  Retail

  $8,676,288

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

40.1259

Longitude

-83.0202

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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