NOT LISTED FOR SALE

4241 Kimberly Pkwy Columbus, OH 43232

Eastland Neighborhood

Estimated Value: $1,059,960

5 Beds
3 Baths
5,144 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $885,000 $172 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,370/month

6 Days on Market

About This Home

As of May 2022

SINGLE TENANT NNN LEASE! This building offers excellent visibility and access on the corner of North and East Kimberly Parkway.
It is 100% leased. Operating dentist has been at this location for 10+ years and has expressed interest in renewing. Personally guaranteed by tenant who has multiple locations throughout Ohio. Don't miss out on this rare opportunity! Listed at an 8.12% cap rate. Located in an opportunity zone, this property offers potential investors opportunity zone tax benefit options. Tenant has 2 years left on their lease with a renewal option and has occupied the space over 10 years.

Last Agent to Sell the Property

Alex Marsh

The Robert Weiler Company License #2013002225 Listed on: 02/11/2022

Last Buyer's Agent

Puran Gautam

Red 1 Realty License #2020006103

Red 1 Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,923

Year Built

  • Built in 1993

Lot Details

  • 0.91 Acre Lot

Interior Spaces

  • 5,144 Sq Ft Home
  • 1-Story Property

Community Details

  • Gross Income $72,706
  • Net Operating Income $72,706

Listing and Financial Details

  • Assessor Parcel Number 010-015675-00

Property Details

Property Type

Other

Est. Annual Taxes

$12,923

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Type: Office
  • Year Built: 1993
  • Tax Year: 2020
  • Property Sub-Type: Medical
  • Lot Size Acres: 0.91
  • Total Gross Income: 72706.0
  • Co List Office Phone: 614-221-4286
  • MLS Status: Closed
  • Reso Structure Type: Single User
  • Income Expenses Gross Income: 72706.0
  • General Property Info Building Sqft2: 5144.0
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Stories: 1

Utilities

  • Utilities: Water Available

Lot Info

  • Parcel Number: 010-015675-00
  • Lot Size Sq Ft: 39639.6
  • Additional Parcels: No
  • Zoning Description: L-C-4

Multi Family

  • Net Operating Income: 72706.0

Tax Info

  • Tax Annual Amount: 12923.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
May 12, 2022
Sold by
4241 Kimberly Pkwy Llc
Bought by
Gautam Homes Llc
Seller's Agent
Alex Marsh
The Robert Weiler Company
Buyer's Agent
Puran Gautam
Red 1 Realty
List Price
$895,000
Sold Price
$885,000
Premium/Discount to List
-$10,000
-1.12%
Current Estimated Value
$1,059,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,960
Avg. Annual Appreciation
4.64%

Purchase Details

Listed on
Jul 26, 2016
Closed on
Jan 27, 2017
Sold by
Kimberly Parkway Dental Buildngs Llc
Bought by
42421 Kimberly Pkwy Llc
Seller's Agent
Alex Marsh
The Robert Weiler Company
Buyer's Agent
Alex Marsh
The Robert Weiler Company
List Price
$829,000
Sold Price
$820,000
Premium/Discount to List
-$9,000
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.45%
Original Mortgage
$656,000
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 1992

Purchase Details

Closed on
Jul 19, 1991
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gautam Homes Llc $885,000 First American Title
42421 Kimberly Pkwy Llc -- Stewart Title Agency Of Cols
-- $75,000 --
-- $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 42421 Kimberly Pkwy Llc $656,000
Previous Owner Kimberly Parkway Dental Building Llc $239,893
Previous Owner Kimberly Parkway Dental Building Llc $200,000
Previous Owner Kimberly Parkway Dental Building Llc $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $885,000 -1.1% $172 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $895,000 +9.1% $174 / Sq Ft
01/27/2017 01/27/17 Sold $820,000 -1.1% $148 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $829,000 -- $150 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $31,137 $285,570 $46,900 $238,670
2023 $20,860 $285,570 $46,900 $238,670
2022 $12,957 $172,770 $39,870 $132,900
2021 $13,012 $172,770 $39,870 $132,900
2020 $12,923 $172,770 $39,870 $132,900
2019 $13,548 $164,500 $37,940 $126,560
2018 $13,186 $164,500 $37,940 $126,560
2017 $13,696 $164,500 $37,940 $126,560
2016 $13,859 $159,250 $37,940 $121,310
2015 $12,867 $159,250 $37,940 $121,310
2014 $12,861 $159,250 $37,940 $121,310
2013 $6,373 $159,250 $37,940 $121,310
Source: Public Records

Agents Affiliated with this Home

  • Alex Marsh

    Seller's Agent in 2022

    Alex Marsh

    The Robert Weiler Company

    (614) 245-2225

    2 in this area

    28 Total Sales

    Alex Marsh
    Section Image
  • Puran Gautam

    Buyer's Agent in 2022

    Puran Gautam

    Red 1 Realty

    (614) 804-0209

    1 in this area

    21 Total Sales

    Puran Gautam
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222003956

Columbus and Central Ohio Regional MLS

APN: 010-015675

Ohio Franklin County Columbus 43232 Eastland

4241 Kimberly Pkwy, Columbus, OH

This home is located at 4241 Kimberly Pkwy, Columbus, OH 43232 since 11 February 2022 and is currently estimated at $1,059,960, approximately $206 per square foot. This property was built in 1993. 4241 Kimberly Pkwy is a home located in Franklin County with nearby schools including Easthaven Elementary School, Yorktown Middle School, and Independence High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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