Medical Office Feasibility Study in the Columbus, OH Metro Area

Columbus: below the national share and far below the national ticket

Physician offices are an under-weighted class in the Columbus area. The location quotient is 0.63x, the class ranks 11 of 39 locally, and the metro stands 25 of 488 for medical office loans. Approvals across FY2017 to FY2026 come to 56 loans and $21.2 million, but the most telling number is the median: $156,500 is just 0.46x the national median for the class. Columbus physician-office borrowers take far smaller loans than their national counterparts, a gap shown by the 0.46x ratio.

Programs, lenders and counties

Amounts in the middle half run from $61,250 to $518,050. By program, 48 loans are 7(a) and 8 are 504, and no loan carries a franchise flag (0.00%). The Huntington National Bank is attached to 17 7(a) loans worth $3.9 million, German American Bank to 6 worth $486,000, and Telhio Credit Union Inc to 5 worth $471,600. The small dollar averages fit the small median. Franklin County dominates with 35 loans; Delaware County has 8 and Licking County 6. All lines are SBA holder records.

The years that appear: 6 loans in FY2017 ($4.1 million), 7 in FY2018 ($4.4 million), a high of 12 in FY2021 ($2.3 million), 6 in FY2022 ($2.0 million), 7 in FY2023 ($3.1 million) and 7 in FY2024 ($2.0 million). Loan Analytics withholds FY2019, FY2020, FY2025 and FY2026, and neither outcome rate is shown because too few loans stand behind them. That means a reader cannot take a cancellation floor or a charge-off floor from this cell, and a withheld figure is never a zero. Which loans count for Columbus depends on county placement in the 2023 area list.

What a Columbus practice plan must show

A physician-office study here should assume smaller projects than the national picture suggests, and then prove the practice's economics: provider count, payer mix, patient panels, and collections after overhead. It should test build-out for exam rooms against a typical loan near $156,500 and show whether debt service is covered through the months when a new provider's schedule fills. If real estate is part of the request, the 504 share in this record hints that the property deserves its own analysis. The appraisal will test both. Nothing printed here forecasts approval, and the metro average cannot stand in for the plan.