73 Wilson Bridge RdWorthington, OH 43085

  • Office properties
  • 498 SF
For Sale

Property Details for 73 Wilson Bridge Rd

Year built
1985
Construction
WOOD
Lot size
0.02 AC
Property size (Sq ft)
498 SF
Property type
Office properties
Property subtype
Other office properties
APN
100-006133
APU
100006133

Description

This exceptional Class A executive office building, located at 73 E Wilson Bridge Rd in Worthington, Ohio, presents a unique investment opportunity. The property boasts 6,904 square feet of office space, divided equally between two floors (3,452 +/- SF each). Built in 1985 and extensively renovated in 2012, this property features a new HVAC system (installed 2012) and ADA-compliant bathrooms (updated 2015). All non-removable furniture, including desks, shelving, and conference room tables, is included. The convenient location offers easy access to I-270 and major transportation routes, situated less than 1,000 feet from the interstate. Benefit from the vibrant Worthington community, known for its blend of neighborhood charm and regional shopping destinations. The property is strategically positioned near a 20-acre mixed-use development encompassing 195,000 square feet of retail, restaurant, and office space. This prime location is supported by a strong workforce, with 35,000 office workers within a two-mile radius and 3,548 hotel rooms within five miles. Ample free on-site parking is available. The property is zoned C-3 Institutions and Offices (APN: 100-006010). This is a modified lease, currently vacant, and ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $67,703
    6.5%
    $62,495
    7%
    $58,031
  • Comparable approach

    Method
    Valuation
    Relative Method
    $46,583
    Geo Method
    $46,583
  • Alternative Use

    Use
    Valuation
    Residential
    $77,494
    Hospitality
    $70,984
    Educational
    $59,058
    Medical
    $61,089
    Retail
    $91,868
73 Wilson Bridge Rd, Worthington, Ohio

Location Insight

City
Worthington
County
Franklin
State
Ohio
Latitude
40.1071
Longitude
-83.0137
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
$2,633
$3,470
$24,960
$28,430
-
$9,900
$71,300
$81,200

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