4500 Hamilton RdGroveport, OH 43125

Property Details for 4500 Hamilton Rd

Year built

1979

Lot size

10.17 AC

Property size (Sq ft)

45,892 SF

Property type

Office properties

Property subtype

Office buildings

APN

185-001330

APU

185001330

Description

This exceptional 58,330 square foot industrial warehouse, situated on a substantial 10.27-acre lot in Groveport, Ohio, presents a compelling opportunity for lease. Located in a high-growth area of southeastern Columbus, this property boasts excellent highway access and significant roadway exposure, providing optimal visibility and convenient transportation links. The building, constructed in 1979, offers a single-tenant occupancy and features a substantial 293-space parking lot. The property's zoning is designated as Commercial Office, and the building itself is a two-story structure with a suburban office design. Possession is anticipated for the second quarter of 2023. This property is ideally suited for redevelopment, capitalizing on its prime location and substantial size. The site benefits from heavy power capacity, making it suitable for a variety of industrial and warehouse uses. Its proximity to Rickenbacker International Airport further enhances its logistical advantages. This is a rare opportunity to acquire a large-scale industrial property in a thriving area with significant redevelopment potential. The property is available for lease and offers a unique chance to establish a strong presence in a dynamic industrial corridor. Inquire today to learn more about this exceptional offering.

• CAP approach

  CAP return

  Valuation

  6%

  $7,988,388

  6.5%

  $7,373,896

  7%

  $6,847,189

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,292,738

  Geo Method

  $4,292,738

• Alternative Use

  Use

  Valuation

  Residential

  $9,143,631

  Hospitality

  $8,375,517

  Educational

  $6,968,332

  Medical

  $7,207,984

  Retail

  $10,839,627

Location Insight

City

Groveport

County

Franklin

State

Ohio

Latitude

39.8789

Longitude

-82.882

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].