4700 Reed RdUpper Arlington, OH 43220

Property Details for 4700 Reed Rd

Year built

1972

Lot size

0.88 AC

Property size (Sq ft)

14,714 SF

Property type

Office properties

Property subtype

Office buildings

APN

070-011070

APU

70011070

Description

This exceptional office space in Upper Arlington, Ohio, presents a fantastic opportunity for businesses seeking a flexible and well-located workspace. Situated at 4700 Reed Road (cross street: Henderson), this single-tenant property boasts a total of 14,714 square feet across multiple suites. Currently available is a second-floor unit offering 773 square feet of open space, ideal for customization. This unit features epoxy floors and a private restroom. An adjacent suite (Suite M) of 596 square feet is also available, with the option to combine both units via an interconnecting door. The building offers ample parking with 30 spaces available. The property sits on a 0.91-acre lot (APN: 070-011070) and enjoys a north-facing view. Utilities are simplified with the owner covering electric and gas costs, while individual climate control allows tenants to personalize their comfort. The space is ready for immediate occupancy upon lease execution. Lease rates are negotiable and will be determined based on tenant specifications. This is a truly remarkable opportunity in a highly desirable Upper Arlington location, with easy access to Columbus and surrounding areas. The zip code is 43220.

• CAP approach

  CAP return

  Valuation

  6%

  $3,069,781

  6.5%

  $2,833,644

  7%

  $2,631,240

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,376,348

  Geo Method

  $1,376,348

• Alternative Use

  Use

  Valuation

  Residential

  $3,513,718

  Hospitality

  $3,218,547

  Educational

  $2,677,793

  Medical

  $2,769,887

  Retail

  $4,165,456

Location Insight

City

Upper Arlington

County

Franklin

State

Ohio

Latitude

40.0519

Longitude

-83.0661

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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