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4480 Ray Boll Blvd 8,280 SF Industrial Building Columbus, IN 47203 $795,000 ($96.01/SF) 9.11% Cap Rate
Executive Summary
Now available for purchase is a well-maintained 8,280 SF flex building on the near North side of Columbus, Indiana. The building features 5,740 SF of clear span warehouse space with 16’ ceilings, two overhead doors, a restroom, and three-phase electric. The 2,540 SF office area includes a reception area, a conference room, three private offices, an open office space, a kitchenette, and an ADA-compliant bathroom. The entire building is fully HVAC-equipped, clean, and well-lit—ideal for a variety of industrial or service-oriented uses.
This is a great opportunity to buy as an investment with the flexibility to occupy as an owner-user at a later date or secure a new tenant for long-term income potential.
This is a great opportunity to buy as an investment with the flexibility to occupy as an owner-user at a later date or secure a new tenant for long-term income potential.
Property Facts
| Price | $795,000 | Rentable Building Area | 8,280 SF |
| Price Per SF | $96.01 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1999 |
| Cap Rate | 9.11% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.97/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.85 AC | ||
| Zoning | PUD | ||
| Price | $795,000 |
| Price Per SF | $96.01 |
| Sale Type | Investment or Owner User |
| Cap Rate | 9.11% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.85 AC |
| Rentable Building Area | 8,280 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Tenancy | Single |
| Parking Ratio | 0.97/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | PUD |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Frasier Chiropractic Sports Clinic
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Frasier Chiropractic Sports Clinic | Health Care and Social Assistance | - | - | - |
1 1
Property Taxes
| Parcel Number | 03-96-06-410-001.300-005 | Improvements Assessment | $0 |
| Land Assessment | $19,200 | Total Assessment | $19,200 |
Property Taxes
Parcel Number
03-96-06-410-001.300-005
Land Assessment
$19,200
Improvements Assessment
$0
Total Assessment
$19,200
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4480 Ray Boll Blvd
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