3219 Tremont RdUpper Arlington, OH 43221

Property Details for 3219 Tremont Rd

Year built

2007

Lot size

0.73 AC

Property size (Sq ft)

5,060 SF

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

070-009354

APU

70009354

Description

This exceptional retail space, located at 3219 Tremont Rd in Upper Arlington, Ohio (zip code 43221), offers a fantastic opportunity for businesses seeking high visibility and convenient access. The property consists of three buildings, each two stories high, totaling 5,060 square feet. Currently, one 1,500 square foot unit is available for lease within this multi-tenant retail center. Built in 2008, the building features a modern design and flexible layout, ideal for a variety of retail uses. Large windows provide ample natural light, creating a welcoming atmosphere. The space benefits from a convenient location on Tremont Rd, near Northwest Blvd, in the desirable Upper Arlington submarket of Columbus, Franklin County. The property is zoned for retail use (APN: 070-009354-00) and includes a valuable amenity: an attached outdoor patio area. This property presents a unique chance to establish or expand a business in a thriving Upper Arlington community. The open floor plan offers considerable adaptability for various business needs. Don't miss this chance to secure a prime retail space in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,309,028

  6.5%

  $1,208,333

  7%

  $1,122,024

• Comparable approach

  Method

  Valuation

  Relative Method

  $733,634

  Geo Method

  $733,634

• Alternative Use

  Use

  Valuation

  Residential

  $1,208,333

  Hospitality

  $1,106,827

  Educational

  $920,867

  Medical

  $952,537

  Retail

  $1,432,460

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

40.0231

Longitude

-83.0599

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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