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    e-Merge Real Estate

    12910 Stonecreek Dr, Pickerington, OH 43147
    (614) 678-5505
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    For Sale (48)

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    Vacant Land in Millersport, OH
    $250,000
    2.86 Acres

    Vacant Land in Millersport, OH

    2.86 acres of vacant land for sale.

    10047 Loop Rd, Millersport, OH 43046
    View details
    Commercial Corner Lot on SR 23
    $650,000
    0.86 Acres

    Commercial Corner Lot on SR 23

    Prime commercial land in a high-traffic area, ready to build.

    5050 S Walnut St, South Bloomfield, OH 43103
    View details
    Buildable Lot in Columbus, OH
    $40,000
    0.27 Acres

    Buildable Lot in Columbus, OH

    Residential land with road frontage in established Columbus neighborhood.

    470 Stambaugh Ave, Columbus, OH 43207
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    Land in Cardington, Ohio
    $130,000
    3.86 Acres

    Land in Cardington, Ohio

    3.875 acre lot perfect for building a dream home.

    4 County Road 124, Cardington, OH 43315
    View details
    Vacant Lot in Merion Village
    $59,000
    0.09 Acres

    Vacant Lot in Merion Village

    Prime vacant lot in historic Merion Village, Columbus.

    565 E Mithoff St, Columbus, OH 43206
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    Residential Lot in Columbus, OH
    $59,000
    0.10 Acres

    Residential Lot in Columbus, OH

    Prime residential lot in historic Columbus corridor, build your dream home.

    1062 E Deshler Ave, Columbus, OH 43206
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    Land in Cardington, Ohio
    $130,000
    3.91 Acres

    Land in Cardington, Ohio

    3.911 acres to build your dream home.

    3 County Road 124, Cardington, OH 43315
    View details
    Newark Duplex with Recent Updates
    $159,900
    0.08 Acres

    Newark Duplex with Recent Updates

    Updated duplex in Newark, ideal for investors or owner-occupants.

    167 Essex St, Newark, OH 43055
    View details
    Vacant Land in Millersport, OH
    $250,000
    1.80 Acres

    Vacant Land in Millersport, OH

    1.8 acres of vacant land for sale in Millersport.

    10047 Loop Rd, Millersport, OH 43046
    View details
    Buckeye Lake View Lot
    $104,900
    0.92 Acres

    Buckeye Lake View Lot

    Nearly one acre lot with Buckeye Lake views.

    178 Avon Pl SE, Buckeye Lake, OH 43008
    View details
    Grove City Land For Sale
    $850,000
    0.70 Acres

    Grove City Land For Sale

    0.699 acre commercial land with tax abatement in Grove City.

    Broadway, Grove City, OH 43123
    View details
    Springfield Estate Lot Opportunity
    $140,000
    8.72 Acres

    Springfield Estate Lot Opportunity

    Secluded 8.72-acre lot, ideal for custom home building.

    2301 Duquesne Dr, Springfield, OH 45506
    View details
    Buildable Lot in Apple Valley
    Contact for pricing
    0.27 Acres

    Buildable Lot in Apple Valley

    0.27-acre lot with access to Apple Valley amenities.

    Valleywood Heights Dr, Howard, OH 43028
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    Athens Duplex: Investment Opportunity
    $285,000
    1,747 SF

    Athens Duplex: Investment Opportunity

    East side duplex near Ohio University, offering investment potential.

    58 Lorene Ave, Athens, OH 45701
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    Heavily Treed Land Parcel
    $130,000
    8.30 Acres

    Heavily Treed Land Parcel

    8.3 acre land parcel with hills and creeks.

    5840 Township Road 248, Logan, OH 43138
    View details
    Land Near Hocking Hills
    $646,000
    68.08 Acres

    Land Near Hocking Hills

    68 acre land parcel near Hocking Hills, Laurelville, Ohio.

    Big Pine Rd, Laurelville, OH 43135
    View details
    Ready-to-Build Lot in Upscale Neighborhood
    $120,000
    1.20 Acres

    Ready-to-Build Lot in Upscale Neighborhood

    1.2-acre lot with utilities in Woodridge Development, Fredericktown, OH.

    9583 Woodridge Cir, Fredericktown, OH 43019
    View details
    Turnkey Duplex Investment Opportunity
    $284,500
    2,240 SF

    Turnkey Duplex Investment Opportunity

    Duplex in Columbus, OH with immediate cash flow.

    443 S Wayne Ave, Columbus, OH 43204
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    LAND - Warsaw, OH
    $139,000
    5.28 Acres

    LAND - Warsaw, OH

    Land

    19703 Township Road 76B, Warsaw, OH 43844
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    Residential Lot in Springfield, OH
    Contact for pricing
    0.08 Acres

    Residential Lot in Springfield, OH

    Residential lot available in Dibert Subdivision, Springfield, OH.

    830 Dibert Ave, Springfield, OH 45506
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    Land in Cardington, Ohio
    $130,000
    3.91 Acres

    Land in Cardington, Ohio

    3.912 acres to build your dream home.

    County Road 124, Cardington, OH 43315
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    Residential Lot in Hilliard, OH
    $355,000
    2.37 Acres

    Residential Lot in Hilliard, OH

    2.37-acre residential lot in Hilliard City School District.

    3260 Alton Darby Creek Rd, Hilliard, OH 43026
    View details
    Commercial Land in High-Traffic Location
    $95,000
    1.02 Acres

    Commercial Land in High-Traffic Location

    Highly visible commercial lot across from Kroger in Vandalia, OH.

    Northwoods Blvd, Vandalia, OH 45377
    View details
    Commercial Land For Sale
    $500,000
    0.66 Acres

    Commercial Land For Sale

    Commercial land suitable for office, medical, or restaurant use.

    Hillard Rome Rd, Hilliard, OH 43026
    View details
    Land Near Buckeye Lake
    $450,000
    6.24 Acres

    Land Near Buckeye Lake

    6.24 acre lot near Buckeye Lake and The Winery.

    Rosewood Rd NE, Thornville, OH 43076
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    Residential Lot Ready For Home
    Contact for pricing
    0.10 Acres

    Residential Lot Ready For Home

    Residential lot suitable for manufactured homes on permanent foundations.

    114-116 S Cedar Ave, Lancaster, OH 43130
    View details
    Hocking Hills 3-Acre Retreat
    $129,000
    3.02 Acres

    Hocking Hills 3-Acre Retreat

    Wooded 3-acre property with cave and waterfall in Hocking Hills.

    Cliff Rd, Rockbridge, OH 43149
    View details
    Land in Cardington, Ohio
    $130,000
    3.88 Acres

    Land in Cardington, Ohio

    3.88 acres to build your dream home.

    County Road 124, Cardington, OH 43315
    View details
    Land in Plain City, OH
    $215,000
    2.21 Acres

    Land in Plain City, OH

    2.21 acre lot to build your dream home.

    Finley Guy Rd, Plain City, OH 43064
    View details
    Millersport Land for Residential Development
    $600,000
    12.57 Acres

    Millersport Land for Residential Development

    12.5 acres of flat land ready for development.

    Loop Rd, Millersport, OH 43046
    View details
    24-Acre Nature Lover's Compound
    $795,000
    23.89 Acres

    24-Acre Nature Lover's Compound

    24-acre compound perfect for Airbnb or VRBO with horse trails.

    2209 Grewell Rd, London, OH 43140
    View details
    Equestrian-Ready 5-Acre Property
    $525,000
    5.01 Acres

    Equestrian-Ready 5-Acre Property

    5-acre Circleville property with equestrian facilities and potential business uses.

    7361 Zane Trail Rd, Circleville, OH 43113
    View details
    Thornville Land Near Buckeye Lake
    $450,000
    6.25 Acres

    Thornville Land Near Buckeye Lake

    6.25 acres near Buckeye Lake with utilities available.

    13556 Rosewood Rd NE, Thornville, OH 43076
    View details
    Mechanicsburg Land with Fruit Trees
    $400,000
    6.00 Acres

    Mechanicsburg Land with Fruit Trees

    11-acre parcel with fruit trees and outbuildings in Mechanicsburg, OH.

    Becker Rd, Mechanicsburg, OH 43044
    View details
    Land in Cardington, Ohio
    $130,000
    3.91 Acres

    Land in Cardington, Ohio

    3.91 acres of land suitable for building a home.

    County Road 124, Cardington, OH 43315
    View details
    Grove City Land with Garages
    $169,000
    0.51 Acres

    Grove City Land with Garages

    Half-acre lot with well, septic, and two garages.

    2782 Sandusky St, Grove City, OH 43123
    View details
    Mixed-Use Building in Circleville, OH
    $424,900
    0.17 Acres

    Mixed-Use Building in Circleville, OH

    Two-story building with apartments and commercial space for sale.

    1002 S Court St, Circleville, OH 43113
    View details
    Commercial Land in Columbus, OH
    $199,000
    0.37 Acres

    Commercial Land in Columbus, OH

    0.36 acre commercial land in a desirable industrial zone.

    930 Proprietors Rd, Columbus, OH 43085
    View details
    Land in University Estates
    $154,000
    2.14 Acres

    Land in University Estates

    Residential land for sale in Athens, Ohio.

    115 University Estates Blvd, Athens, OH 45701
    View details
    Hocking County Land for Sale
    $450,000
    49.85 Acres

    Hocking County Land for Sale

    49.85 acres bordering Wayne National Forest in Hocking County.

    Sanner Rd, Nelsonville, OH 45764
    View details
    Duplex Investment with Carport
    $119,900
    0.10 Acres

    Duplex Investment with Carport

    Two one-bedroom, one-bath units with off-street carport parking make this duplex a solid owner-occupied or rental option.

    24 Leggett Ave, Chillicothe, OH 45601
    View details
    Reynoldsburg Commercial Asset For Sale
    $1,700,000
    12,153 SF

    Reynoldsburg Commercial Asset For Sale

    Turn-key commercial property with high traffic and freeway access.

    6269-6275 E Main St, Reynoldsburg, OH 43068
    View details
    Residential Land in Amanda, Ohio
    $92,000
    1.86 Acres

    Residential Land in Amanda, Ohio

    1.86 acre build-ready parcel in Amanda-Clearcreek School District.

    6532 Julian Rd SW, Amanda, OH 43102
    View details
    Historic Brewery District Building
    Contact for pricing
    4,269 SF

    Historic Brewery District Building

    Prime corner lot in rapidly developing area, ideal for Airbnb.

    955 S High St, Columbus, OH 43206
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    Vacant Land For Sale
    Contact for pricing

    Vacant Land For Sale

    Vacant land available for purchase.

    10047 Loop Rd, Millersport, OH 43046
    View details
    Land for Sale
    $795,000

    Land for Sale

    Land available in Madison County.

    2209 Grewell Rd, London, OH 43140
    View details
    Chillicothe Duplex For Sale
    $124,900
    1,560 SF

    Chillicothe Duplex For Sale

    Duplex with two units, carport, close to amenities.

    24 Leggett Ave, Chillicothe, OH 45601
    View details
    Commercial Land Opportunity Available
    $200,000
    16,117 SF

    Commercial Land Opportunity Available

    Commercial land in desirable industrial zone. Unlock the potential!

    930 Proprietors Rd, Columbus, OH 43085
    View details

    For Lease (1)

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    Serviced Office Suites
    $33 SF/Yr
    9,680 SF

    Serviced Office Suites

    Two move-in ready office suites available with utilities, Wi-Fi, cleaning, and shared restroom and break room access.

    799 Windmiller Dr, Pickerington, OH 43147
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    e-Merge Real Estate
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