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    Keller Williams Greater Columbus Realty

    1 Easton Oval, Suite 100, Columbus, OH 43219
    (614) 944-5900
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    Listings

    For Sale (47)

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    Dollar General on 6.12 Acres
    $1,179,000
    10,860 SF

    Dollar General on 6.12 Acres

    10,860 SF Dollar General on 6.12 acres for sale.

    3822 Springfield Xenia Rd, Springfield, OH 45506
    View details
    Columbus Land Development Opportunity
    $725,000
    1.80 Acres

    Columbus Land Development Opportunity

    1.8 acre development site in Gahanna near Giant Eagle.

    4574 N Hamilton Rd, Columbus, OH 43230
    View details
    Residential Land in Johnstown, OH
    $245,000
    2.75 Acres

    Residential Land in Johnstown, OH

    2.75 acre corner lot for custom home building.

    Castle Rd, Johnstown, OH 43031
    View details
    Residential Building Lots in Thornville
    $85,000
    2.31 Acres

    Residential Building Lots in Thornville

    Residential building lots in Fairfield Union School District.

    Thornville Rd NE, Thornville, OH 43076
    View details
    Pickerington Multi-Tenant Office Building
    $399,900
    3,860 SF

    Pickerington Multi-Tenant Office Building

    Fully leased office building in Olde Downtown Pickerington Village District.

    38 E Columbus St, Pickerington, OH 43147
    View details
    Completely Rebuilt Two-Family Home
    $699,000
    0.08 Acres

    Completely Rebuilt Two-Family Home

    Two-unit home near OSU and Short North with modern amenities.

    42 King Ave, Columbus, OH 43201
    View details
    Lancaster Commercial Land For Sale
    $230,000
    3.15 Acres

    Lancaster Commercial Land For Sale

    3+ acres of commercial land near a commercial corridor.

    Slocum Ave, Lancaster, OH 43130
    View details
    Lancaster Industrial Land For Sale
    $690,000
    8.63 Acres

    Lancaster Industrial Land For Sale

    8.6+/- acres of industrial land with rail exposure.

    Quarry Rd SE, Lancaster, OH 43130
    View details
    9.68-Acre Homestead in Johnstown, OH
    $1,250,000
    9.68 Acres

    9.68-Acre Homestead in Johnstown, OH

    9.68 acres with farmhouse, pond, and outbuilding in Johnstown.

    5520 Clover Valley Rd, Johnstown, OH 43031
    View details
    27 Acres Land in Lexington
    $295,900
    27.14 Acres

    27 Acres Land in Lexington

    27.14 acres of land with build sites and creek.

    8649 Portie-Flamingo Rd SE, New Lexington, OH 43764
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    Land in Centerburg School District
    $189,000
    2.53 Acres

    Land in Centerburg School District

    2.5 acre building lot in Centerburg, Ohio.

    Wall St, Centerburg, OH 43011
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    Columbus Duplex: Investment Opportunity
    $200,000
    0.15 Acres

    Columbus Duplex: Investment Opportunity

    Tenant-occupied duplex generating $1,700/month with value-add potential.

    1219 Studer Ave, Columbus, OH 43206
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    Scenic Land Parcel in Johnstown
    $279,900
    6.32 Acres

    Scenic Land Parcel in Johnstown

    6.32 acre lot near Johnstown with creek and trees.

    4417 Van Fossen Rd, Johnstown, OH 43031
    View details
    Commercial Land in Pataskala, OH
    $145,000
    0.50 Acres

    Commercial Land in Pataskala, OH

    0.50 acres of commercial land in Pataskala, Ohio.

    11034 Broad St SW, Pataskala, OH 43062
    View details
    Expansive Hilliard Land Parcel
    $895,000
    12.74 Acres

    Expansive Hilliard Land Parcel

    12-acre lot ideal for custom home or agricultural use.

    Hayden Run Rd, Hilliard, OH 43026
    View details
    Commercial Land in Reynoldsburg, OH
    $349,900
    2.08 Acres

    Commercial Land in Reynoldsburg, OH

    2.077 acre commercial build site near I-270.

    Brice Rd, Reynoldsburg, OH 43068
    View details
    Brick Duplex in Prime Location
    $510,000
    0.10 Acres

    Brick Duplex in Prime Location

    Investment opportunity: brick duplex near Italian Village and Short North.

    1374-1376 Indianola Ave, Columbus, OH 43201
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    Industrial Land on East Main
    $1,575,000
    26.24 Acres

    Industrial Land on East Main

    26+ acres of industrial land with rail exposure.

    E Main St, Lancaster, OH 43130
    View details
    Land in Gated Community
    Contact for pricing
    0.46 Acres

    Land in Gated Community

    0.46-acre property in Candlewood Lake gated community.

    Candlewood 210, Mount Gilead, OH 43338
    View details
    Entitled Land Ready For Construction
    $500,000
    6.85 Acres

    Entitled Land Ready For Construction

    6.853 acres of entitled land zoned for General Business.

    91 Hubbard Rd, Galloway, OH 43119
    View details
    5-Acre Lot in Newark, OH
    $219,900
    5.00 Acres

    5-Acre Lot in Newark, OH

    Build your dream home on this beautiful 5-acre lot.

    Lundy's Ln Rd NW, Newark, OH 43055
    View details
    5-Acre Wooded Lot in Newark
    $249,900
    5.00 Acres

    5-Acre Wooded Lot in Newark

    Build your dream home on this private, peaceful 5-acre lot.

    Sportsman Club Rd NW, Newark, OH 43055
    View details
    Land Available in Croton, Ohio
    $99,999
    2.22 Acres

    Land Available in Croton, Ohio

    2.22 acres of commercial land for sale in Croton.

    82 S Main St, Croton, OH 43013
    View details
    Residential Land in Columbus, OH
    $315,000
    2.47 Acres

    Residential Land in Columbus, OH

    2.47 acres of residential land for development.

    3877 Hines Rd, Columbus, OH 43230
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    97 Acres of Rolling Land
    $3,300,000
    97.05 Acres

    97 Acres of Rolling Land

    97-acre land parcel perfect for homes or a horse community.

    Concord Rd, Alexandria, OH 43001
    View details
    Scenic Land with Mature Trees
    $279,900
    6.14 Acres

    Scenic Land with Mature Trees

    6.14 acre lot with mature trees and creek.

    11842 Shipley Rd, Johnstown, OH 43031
    View details
    Waterfront Acreage on Lake Logan
    $299,900
    14.91 Acres

    Waterfront Acreage on Lake Logan

    Undeveloped 14+ acre waterfront property in Hocking Hills recreation area.

    Evans Rd, Logan, OH 43138
    View details
    Reynoldsburg Land Development Opportunity
    $529,000
    1.93 Acres

    Reynoldsburg Land Development Opportunity

    Mixed-use land suitable for multifamily and commercial development in Reynoldsburg.

    Tussing Rd, Reynoldsburg, OH 43068
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    Columbus Land Development Opportunity
    $1,200,000
    0.45 Acres

    Columbus Land Development Opportunity

    Land available for 45-unit apartment development in Clintonville.

    3021 N High St, Columbus, OH 43202
    View details
    Turnkey Duplex in Ashley, OH
    $210,000
    0.33 Acres

    Turnkey Duplex in Ashley, OH

    Fully rented, recently renovated duplex in Ashley, Ohio.

    210 W High St, Ashley, OH 43003
    View details
    Residential Lot in Westerville, OH
    $274,900
    2.05 Acres

    Residential Lot in Westerville, OH

    2-acre lot zoned for single-family residential use.

    Paul Rd, Westerville, OH 43082
    View details
    Buildable 3.9 Acre Lot
    $239,900
    3.92 Acres

    Buildable 3.9 Acre Lot

    Johnstown, OH: 3.9 acre lot to build your dream home.

    Dutch Ln, Johnstown, OH 43031
    View details
    Scenic Land with Creek
    $279,900
    6.50 Acres

    Scenic Land with Creek

    Scenic 6.5-acre lot with mature trees and creek.

    4609 Van Fossen Rd, Johnstown, OH 43031
    View details
    Land in Utica, Ohio
    $219,000
    6.60 Acres

    Land in Utica, Ohio

    6.6 acres of land with trees and privacy.

    Homer Rd NW, Utica, OH 43080
    View details
    Wooded Lot Near Dillon Park
    Contact for pricing

    Wooded Lot Near Dillon Park

    Wooded lot in established subdivision, near Dillon State Park.

    Waldeck Dr, Nashport, OH 43830
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    Former Ice Cream Shop Available
    Contact for pricing
    384 SF

    Former Ice Cream Shop Available

    Turn-key restaurant opportunity with drive-up and walk-up service.

    2860 Sullivant Ave, Columbus, OH 43204
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    Versatile Granville Property on Columbus
    Contact for pricing
    2,844 SF

    Versatile Granville Property on Columbus

    Adaptable property in a growing corridor, suited for various uses.

    1805 Columbus Rd, Granville, OH 43023
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    4.12 Acre Commercial Land Available
    $1,179,000

    4.12 Acre Commercial Land Available

    4.12 acres near I-70, suitable for retail/logistics.

    3822 Springfield Xenia Rd, Springfield, OH 45506
    View details
    Adaptable Granville Property on Columbus
    $529,900

    Adaptable Granville Property on Columbus

    Versatile mixed-use property in Granville, over an acre of land.

    1805 Columbus Rd, Granville, OH 43023
    View details
    Development Lot Near E Dublin Granville
    $387,500

    Development Lot Near E Dublin Granville

    1.27 acre development lot suitable for automotive, restaurant, retail.

    5885 North Meadows Blvd, Columbus, OH 43229
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    Prime Location Land Opportunity
    $8,000,000

    Prime Location Land Opportunity

    5.25 acres near Southwest Florida International Airport.

    5891 Halifax Ave, Fort Myers, FL 33912
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    Gahanna Investor Opportunity
    $725,000

    Gahanna Investor Opportunity

    Land available in Columbus, Ohio.

    Columbus Ohio 43230 N Hamilton Rd, Columbus, OH 43230
    View details
    Established Medical Spa Opportunity
    $90,000

    Established Medical Spa Opportunity

    Growing medical spa with loyal customer base in affluent area.

    1900 Crown Park Ct, Columbus, OH 43235
    View details
    High-Traffic Commercial Land Opportunity
    $399,000

    High-Traffic Commercial Land Opportunity

    Nearly 1-acre site ideal for retail, restaurant, or carwash.

    1085 South Hamilton Rd, Columbus, OH 43227
    View details
    Gahanna Development Site For Sale
    $725,000
    78,408 SF

    Gahanna Development Site For Sale

    Development site in Gahanna, adjacent to Giant Eagle.

    4574 North Hamilton Rd, Columbus, OH 43230
    View details
    Development Opportunity in Clintonville
    $1,200,000
    19,602 SF

    Development Opportunity in Clintonville

    Land for development of 45 apartment units.

    3021 North High St, Columbus, OH 43202
    View details
    Brick Duplex in Prime Location
    $510,000
    2,521 SF

    Brick Duplex in Prime Location

    Investment opportunity: brick duplex near Kroger, Italian Village, Short North.

    1374-1376 Indianola Ave, Columbus, OH 43201
    View details

    For Lease (4)

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    Salon Suites for Lease
    $200 SF/Yr
    9,723 SF

    Salon Suites for Lease

    Individual salon suites available for lease in Columbus, OH.

    4588 Kenny Rd, Columbus, OH 43220
    View details
    Kenny Road Retail Space Available
    $8,500 / Mo
    9,723 SF

    Kenny Road Retail Space Available

    5,420 SF retail space with flexible build-out options.

    4588 Kenny Rd, Columbus, OH 43220
    View details
    Versatile Commercial Space in Columbus
    $9 SF/Yr
    6,528 SF

    Versatile Commercial Space in Columbus

    6,528 sqft flex space with office and warehouse components.

    3620 Brandon St, Columbus, OH 43224
    View details
    Salon Suites For Lease
    $200 SF/Yr
    5,746 SF

    Salon Suites For Lease

    Individual salon suites available for lease in two locations.

    37 E Wilson Bridge Rd, Worthington, OH 43085
    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
    Keller Williams Greater Columbus Realty
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