Columbus, OH CAM Reconciliation Guide
Vacancy rates, property tax system, operating expense benchmarks, and market-specific CAM billing considerations for Columbus, OH commercial landlords.
Current Vacancy Rates
Source: CBRE/JLL Q4 2025 Market Reports
Average CAM per Square Foot
Property Tax System
Franklin County Auditor
File complaint with County Board of Revision by March 31. Can appeal to Board of Tax Appeals, then Ohio Supreme Court. Triennial reassessment with sexennial reappraisal.
~1.5-2.0% effective rate (35% assessment ratio applied to market value)
Key Submarkets
CAM Billing Considerations
- Intel Ohio fabrication facilities transforming New Albany submarket
- Ohio's triennial/sexennial assessment cycle creates predictable adjustment windows
- Ohio Enterprise Zone and CRA abatements widely used, creating uneven tax bases
- State capital stability anchors government-leased office demand
- Honda/logistics sector drives industrial demand
BOMA Columbus
Market Context
Columbus benefits from unusual economic stability as a state capital with diversified employers. Ohio's triennial reassessment cycle with sexennial reappraisal creates a predictable calendar for CAM tax pass-through adjustments.
Related Resources
Reconcile Columbus, OH Properties
CapVeri accounts for market-specific vacancy, local tax timing, and property-type-specific expense pools in your reconciliation.
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