Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    (740) 475-7491
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Land
    • Commercial Lease
    • Residential

    Listings

    For Sale (28)

    View map
    Land in Wayne National Forest
    $324,900
    42.84 Acres

    Land in Wayne National Forest

    42.84 acres of land in Wayne National Forest.

    41060 Dawley New Pittsburg Rd, Nelsonville, OH 45764
    View details
    2-Acre Lot in Canal Winchester
    $184,900
    2.02 Acres

    2-Acre Lot in Canal Winchester

    Build-ready 2-acre lot in Bloom-Carroll School District.

    5795 Lithopolis Winchester Rd NW, Canal Winchester, OH 43110
    View details
    Land Parcel in Carroll, OH
    $230,900
    3.09 Acres

    Land Parcel in Carroll, OH

    3.089-acre parcel with open ground, woods, and creek access.

    Sitterley Rd NW, Carroll, OH 43112
    View details
    Scenic 10-Acre Pike County Land
    $84,900
    10.00 Acres

    Scenic 10-Acre Pike County Land

    10 acres near Waverly with creek, hardwoods, buildable sites.

    Buchanan Rd, Waverly, OH 45690
    View details
    High Profile Corner Retail Property
    $350,000
    1,260 SF

    High Profile Corner Retail Property

    Eastside Lancaster corner property near medical offices and Fairfield Medical Center.

    1301 E Main St, Lancaster, OH 43130
    View details
    Logan, OH Triplex Investment
    $160,000
    0.17 Acres

    Logan, OH Triplex Investment

    Triplex near downtown Logan. Great investment opportunity.

    180 Gallagher Ave, Logan, OH 43138
    View details
    Development Land in Canal Winchester
    $925,000
    4.52 Acres

    Development Land in Canal Winchester

    4.52 acres of multi-family development land for sale.

    8115 Hill Rd NW, Canal Winchester, OH 43110
    View details
    Lancaster, OH 10-Acre Lot
    $249,000
    10.05 Acres

    Lancaster, OH 10-Acre Lot

    10-acre lot near Route 33 with pond and views.

    Coonpath Rd NE, Lancaster, OH 43130
    View details
    Scenic Land Near Buckeye Lake
    $219,000
    11.17 Acres

    Scenic Land Near Buckeye Lake

    11+ acres of natural beauty near Columbus and Buckeye Lake.

    Mulberry Rd, Mount Perry, OH 43760
    View details
    Wooded Lot in Gated Community
    Contact for pricing
    0.53 Acres

    Wooded Lot in Gated Community

    Residential land for building a dream home or weekend retreat.

    1756 Mohican Ln, Hideaway Hills, OH 43107
    View details
    2 Acres with Lake Views
    $129,900
    2.09 Acres

    2 Acres with Lake Views

    2-acre lot near Lancaster with lake views and easy access.

    Wilsons Ln SE, Lancaster, OH 43130
    View details
    Medical Office Building with Apartment
    $475,000
    3,445 SF

    Medical Office Building with Apartment

    ADA-accessible former medical office remodeled in 2016, plus a separately rented 2-bedroom unit upstairs.

    435 E Main St, Lancaster, OH 43130
    View details
    Residential Land in Carroll, OH
    $234,900
    3.13 Acres

    Residential Land in Carroll, OH

    3.134-acre parcel suitable for building near Little Walnut Creek.

    Sitterley Rd NW, Carroll, OH 43112
    View details
    Hocking Hills Wooded Land
    $184,900
    5.89 Acres

    Hocking Hills Wooded Land

    Nearly 6 acres of wooded land in Hocking Hills.

    Thad Hall Rd, Laurelville, OH 43135
    View details
    Residential Lot with Pole Building
    $149,999
    0.16 Acres

    Residential Lot with Pole Building

    Spacious lot with pole building in Amanda, Ohio.

    N Johns St, Amanda, OH 43102
    View details
    18-Acre Lot with Golf Features
    $399,000
    18.71 Acres

    18-Acre Lot with Golf Features

    Beautiful 18-acre lot with golf features near downtown Lancaster.

    160 Coonpath Rd NE, Lancaster, OH 43130
    View details
    Wooded Land with Pole Barn
    $645,000
    17.52 Acres

    Wooded Land with Pole Barn

    17.5-acre wooded property with stream and pole barn.

    Sitterley Rd NW, Canal Winchester, OH 43110
    View details
    Residential Land in Carroll, OH
    $239,900
    3.23 Acres

    Residential Land in Carroll, OH

    3.23-acre parcel suitable for building near Lithopolis and Lancaster.

    Sitterley Rd NW, Carroll, OH 43112
    View details
    Lancaster Farmland: Development Opportunity
    $324,900
    17.77 Acres

    Lancaster Farmland: Development Opportunity

    17-acre farmland within Lancaster city limits, ideal for development.

    W Fair Ave, Lancaster, OH 43130
    View details
    Hocking Hills Recreational Land Opportunity
    $2,040,000
    159.71 Acres

    Hocking Hills Recreational Land Opportunity

    160 acres near Old Man's Cave with development potential.

    29500 Fairview Ridge Rd, Logan, OH 43138
    View details
    Secluded Wooded Lot in Gated Community
    $65,000
    1.53 Acres

    Secluded Wooded Lot in Gated Community

    1.5 acre lot in Hide-A-Way Hills with community amenities.

    1832 Piegan Ct, Hideaway Hills, OH 43107
    View details
    Thurman, OH Development Opportunity
    $250,000
    3.34 Acres

    Thurman, OH Development Opportunity

    Cleared, flat 3.34-acre land parcel near Rio Grande University.

    Pleasant Valley Rd, Thurman, OH 45685
    View details
    Scenic 10-Acre Pike County Land
    $84,900
    10.01 Acres

    Scenic 10-Acre Pike County Land

    10 acres near Waverly, OH with creek and hardwoods.

    Buchanan Rd, Waverly, OH 45690
    View details
    Residential Land in Gated Community
    $45,000
    1.44 Acres

    Residential Land in Gated Community

    1.44 acre residential land in Hide A Way Hills, Ohio

    1767 Mohican Ct, Hideaway Hills, OH 43107
    View details
    Iconic Lancaster Mixed-Use Building
    Contact for pricing
    6,538 SF

    Iconic Lancaster Mixed-Use Building

    Historic building with office and residential spaces in Lancaster.

    355 E Main St, Lancaster, OH 43130
    View details
    111-Acre Farm with Hilltop Views
    Contact for pricing

    111-Acre Farm with Hilltop Views

    Versatile farm with pasture, woods, creek, and hunting potential.

    0-0 State Route 218, Crown City, OH 45623
    View details
    Hocking Hills Wooded Land Parcel
    $184,900
    256,568 SF

    Hocking Hills Wooded Land Parcel

    Nearly 6-acre wooded land parcel in Hocking Hills.

    1 Thad Hall Rd, Laurelville, OH 43135
    View details
    18-Acre Lot with Golf Features
    $399,000
    815,007 SF

    18-Acre Lot with Golf Features

    18-acre lot with stream, putting greens, and mature trees.

    160 Coonpath Rd Northeast, Lancaster, OH 43130
    View details

    For Lease (3)

    View map
    Westerville Executive Office Space Available
    $19 SF/Yr
    9,944 SF

    Westerville Executive Office Space Available

    Executive office space in a growing Westerville location.

    128 County Line Rd W, Westerville, OH 43082
    View details
    Downtown Second-Floor Office Space
    $8 SF/Yr
    34,896 SF

    Downtown Second-Floor Office Space

    Second-floor suite offers multiple offices, conference rooms, and elevator access with convenient nearby parking.

    230 N Columbus St, Lancaster, OH 43130
    View details
    Brand-New Office Building Suites
    $16 SF/Yr
    15,948 SF

    Brand-New Office Building Suites

    New 2022 office suites with on-site management and ample parking, offered with build-to-suit options.

    2656 N Columbus 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
    Rise Realty Co.
    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
    Rise Realty Co.
    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!