Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    (614) 729-7555
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    North Carolina

    Ohio

    Texas

    Property Types

    • Land
    • Commercial Lease
    • Residential Multi Family

    Listings

    For Sale (19)

    View map
    Wooded Lot in Established Neighborhood
    $289,900
    2.93 Acres

    Wooded Lot in Established Neighborhood

    Nearly 3-acre wooded lot in Pickerington North School District.

    11733 Julie Dr NW, Baltimore, OH 43105
    View details
    Westerville Land For Sale
    $649,900
    0.57 Acres

    Westerville Land For Sale

    0.57 acre lot in high-traffic Westerville location.

    480 S State St, Westerville, OH 43081
    View details
    Granville, OH Land Opportunity
    $199,900
    1.22 Acres

    Granville, OH Land Opportunity

    1.22 acre commercial land for sale in Granville, OH.

    5945 Columbus Rd, Granville, OH 43023
    View details
    5-Acre Wooded Land Parcel
    $139,000
    5.09 Acres

    5-Acre Wooded Land Parcel

    5-acre wooded land parcel, ideal for building or recreation.

    Hamburg Rd SW, Lancaster, OH 43130
    View details
    Commercial Lot on State Route
    $220,000
    1.20 Acres

    Commercial Lot on State Route

    1.2 acre commercial lot with utilities in Baltimore, Ohio.

    570 Baltimore Somerset Rd NE, Baltimore, OH 43105
    View details
    Commercial Lot on State Route
    $300,000
    1.60 Acres

    Commercial Lot on State Route

    1.6 acre commercial lot with utilities available in Baltimore.

    570 Baltimore Somerset Rd NE, Baltimore, OH 43105
    View details
    Commercial Lot on State Route
    $300,000
    1.50 Acres

    Commercial Lot on State Route

    1.5 acre commercial lot with utilities available in Baltimore.

    570 Baltimore Somerset Rd NE, Baltimore, OH 43105
    View details
    Renovated Duplex in Merion Village
    $599,900
    0.09 Acres

    Renovated Duplex in Merion Village

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

    407 Hanford St, Columbus, OH 43206
    View details
    Groveport Land For Sale
    $199,900
    1.50 Acres

    Groveport Land For Sale

    1.5 acre development site near Rickenbacker with utilities available.

    2690 London Groveport Rd, Groveport, OH 43125
    View details
    Recreational Homesite Land with Split
    $199,000
    8.51 Acres

    Recreational Homesite Land with Split

    Approved new lot split and completed soil work make this acreage ready for recreational use or a custom home build.

    Kenton Rd, Bellville, OH 44813
    View details
    Pickerington Land with Ponds
    $5,400,000
    60.63 Acres

    Pickerington Land with Ponds

    60+ acre land with woods, farmland, and ponds.

    6725 Blacklick-Eastern Rd NW, Pickerington, OH 43147
    View details
    Development Land in Baltimore, Ohio
    $3,766,200
    62.77 Acres

    Development Land in Baltimore, Ohio

    62.77 acres of land zoned for development.

    570 Baltimore Somerset Rd NE, Baltimore, OH 43105
    View details
    Buildable Lot in Southwestern District
    Contact for pricing

    Buildable Lot in Southwestern District

    Buildable lot with utilities available in Southwestern school district.

    Ransburg Ave, Columbus, OH 43223
    View details
    5 Acres on Major Drive
    Contact for pricing

    5 Acres on Major Drive

    5 acres near mall with new construction and subdivisions.

    4525 N Major Dr, Beaumont, TX 77713
    View details
    Commercial Property Near Downtown Square
    Contact for pricing
    2,079 SF

    Commercial Property Near Downtown Square

    Commercial property with updated office and shop space for sale.

    415 W Bluff St, Woodville, TX 75979
    View details
    Downtown Jasper Commercial Building
    Contact for pricing
    3,397 SF

    Downtown Jasper Commercial Building

    Commercial building in downtown Jasper, Texas, suitable for various businesses.

    110 Zavalla St, Jasper, TX 75951
    View details
    Westerville Commercial Land For Sale
    $649,900
    3,411 SF

    Westerville Commercial Land For Sale

    0.57 acre lot with frontage on State Street.

    480 South State St, Westerville, OH 43081
    View details
    Vacant Land Near Distribution Centers
    $199,900
    65,340 SF

    Vacant Land Near Distribution Centers

    1.5 acre development site near Rickenbacker and Alum Creek.

    2690 London Groveport Rd, Groveport, OH 43125
    View details
    Renovated 3BR/2BA Duplex
    $599,900
    2,580 SF

    Renovated 3BR/2BA Duplex

    Fully renovated duplex with two updated units, offering move-in-ready living or rental income potential.

    407 Hanford St, Columbus, OH 43206
    View details

    For Lease (4)

    View map
    Downtown Office Suite with Parking
    $580 / Mo
    3,874 SF

    Downtown Office Suite with Parking

    Open-concept downtown office with off-street parking and utilities included for convenient daily operations.

    111 W Wheeling St, Lancaster, OH 43130
    View details
    High-Traffic Corner Lot in Lancaster
    $8,750 / Mo
    7,500 SF

    High-Traffic Corner Lot in Lancaster

    Multi-parcel commercial lot in high-visibility area, Lancaster, Ohio.

    1706 N Memorial Dr, Lancaster, OH 43130
    View details
    First-Floor Office Suite with Offices
    $3,683 / Mo
    9,300 SF

    First-Floor Office Suite with Offices

    Move-in-ready downtown office suite with multiple private offices and conference rooms, plus off-street parking for staff and clients.

    113 W Wheeling St, Lancaster, OH 43130
    View details
    Automotive Garage with Car Lift
    $89,900
    1,521 SF

    Automotive Garage with Car Lift

    Modern commercial garage offers a car lift and ample parking for equipment-focused and service-oriented businesses.

    1823 W Chestnut St, Lancaster, OH 43130
    View details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    RE/MAX ONE
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    RE/MAX ONE
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!