7716-7720 Rivers Edge DrColumbus, OH 43235

  • Office properties
  • 30,751 SF
For Lease
$12/SF/YR View listing

Property Details for 7716-7720 Rivers Edge Dr

Year built
1988
Lot size
2.27 AC
Property size (Sq ft)
30,751 SF
Property type
Office properties
Property subtype
Office buildings
APN
610-203971
APU
610203971

Description

This exceptional two-story office building, located at 7716-7720 Rivers Edge Dr, Columbus, OH 43235, offers a variety of leasing opportunities. The 30,751 square foot building, constructed in 1980 and classified as Class B, features ten suites across its two stories. Suites range from 300 to 540 square feet and are perfect for small businesses or individual professionals. Amenities include a shared lobby, shared kitchenette, and ample natural light from large windows overlooking the Olentangy Trail and River. The building boasts a convenient location at a signalized intersection, directly adjacent to the Olentangy Valley Shopping Center, providing easy access for clients and employees. Outdoor seating areas surround the building, offering a pleasant work environment. The property is zoned COM and has a Franklin County APN of 610-203971. Ceiling height is 12 feet. First-floor suites are available. This multi-tenant building is an excellent choice for businesses seeking a well-maintained, conveniently located office space in the Worthington submarket.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,415,578
    6.5%
    $5,922,072
    7%
    $5,499,068
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,876,448
    Geo Method
    $2,876,448
  • Alternative Use

    Use
    Valuation
    Residential
    $7,343,370
    Hospitality
    $6,726,488
    Educational
    $5,596,358
    Medical
    $5,788,826
    Retail
    $8,705,447
7716-7720 Rivers Edge Dr, Columbus, Ohio

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
40.1226
Longitude
-83.0342
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$56,885
$207,870
$422,420
$630,290
-
$593,900
$1,206,900
$1,800,800

FAQs

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