4900 Reed Road, Columbus, OH 43220
$1,750,000
Property Type:
Commercial Lease
Square Footage:
28,632
Lot Size (sq. ft.):
40,075
Status:
Closed
Current Price:
$1,750,000
List Date:
8/30/2021
Last Modified:
2/12/2025
Description
Curb offers only. Do not disturb tenants
The 4900 Reed Road Professional Office Building is a beautiful Upper Arlington area building that caters to small businesses and is a home for a variety of professionals -- Doctors, CPAs, Physical Therapists,
Attorneys, Financial Advisors, non-profits organizations and so on. The building is an idea investment for this
market area. It is close to 100% occupied while still showing great upside potential.
Supplements: ********
More Information MLS# 221003743
Location & Property Info
List Price/SqFt: 73.34
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
For Lease: Yes
Lease Rate $/Sq Ft: 12
General Property Info
Max Cont Sqft Avail: 28632
Minimum Sqft Avail: 450
Total Available Sqft: 28632
# of Docks: 0
Building Sqft: 28632
# of Elevators: 1
# of Floors Above Gr: 2
Year Built: 1972
Acreage: 0.92
Tax Info
Tax Abatement: No
Taxes (Yrly): 34101
Parcel #: 010-010509
Tax Year: 2019
Remarks & Misc
Property Description: Curb offers only. Do not disturb tenants
The 4900 Reed Road Professional Office Building is a beautiful Upper Arlington area building that caters to small businesses and is a home for a variety of professionals -- Doctors, CPAs, Physical Therapists,
Attorneys, Financial Advisors, non-profits organizations and so on. The building is an idea investment for this
market area. It is close to 100% occupied while still showing great upside potential.
Status Change Info
Sold Price/SqFt: 61.12
Under Contract Date: 2021-08-09
Sold Date: 2021-08-26
Sold Price: $1,750,000
Income/Expenses
Gross Income: 264768
Net Operating Income: 162252
Total Expenses: 101430
Addl Acceptance Cond
None Known: 1
T Reimburses L
Curr Yr Est $/SF TRL: 22000
Auction Info
Auction/Online BiddingY/N: No
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 2100000
Sold Price: $1,750,000
Property Sub Type: Office
Street #: 4900
Street Name: Reed
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43220
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2021-02-09
Property Features
Addl Acceptance Cond: None Known
MLS Primary PhotoSrc: Realtor Provided
Documents
property information ›Listing Office: Crites Realty Company
Listing Agent: John Crites
Last Updated: February - 12 - 2025
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