Office

500 W Broad

500 w broad st columbus, oh, 43215, columbus, OH 43215

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Low Confidence

Low

$19.50/SF

Mid

$26.00/SF

High

$26.00/SF

Tier Used

direct_comps

Based on 3 comparable office sale listings in the area.

Tier Resolution Trace

Tier 1success3 compsselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$26.00/SF	—	direct_comps
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1355/wk	BLS QCEW

Source Provenance (1)

Source	Type	Count	Year	Freshness	Peer
OpenSearch Listings	comparable_listings	3	—	real-time	—

Data sources used

listings

Location

500 w broad st columbus, oh, 43215, columbus, OH 43215

Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Columbus office market showed a 20.4% vacancy rate, and average asking rents near $22.67/SF/yr. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

indicative confidence

Projected asking rent

$22.67/SF/yr

Estimated sale value

$105–$178/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Columbus office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2026 asking-rent data (benchmark cap rate 6.6%–8.6%, asking rent held flat).

View the full Columbus Office market report →

Above-average vacancy gives buyers leverage and a wide set of comparables.

Compare it against other office listings for sale in Columbus, OH to benchmark pricing and space — view the full market.

Office market FAQ

Is the Columbus office market tightening or softening?: Vacancy is around 20.4% (Q1 2026).

Unified Estimate

Medium Confidence

$21.36/SF-$26.00/SF

Mid: $25.13/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

Sale Price History

Market report quarterly trend fallback

Low Confidence

Avg Rent ($/SF/yr) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.