Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    617 Brookhill Lane Circleville, OH 43113

    View on Map
    Claim this Listing
    New
    For Lease
    $300 /Mo

    COMMERCIAL - Circleville, OH

    Type:Office
    Property size:
    7,158 SF
    Lot size:
    0.14 Acres
    Added:
    Apr 17, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 18 at 6:06 am

    Property Features for 617 Brookhill Lane

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    APN
    A01-0-010-00-020-00
    Size
    7,158 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1981
    Floors in Building
    2

    We can help!

    Listing Contact
    Cortnie M Horvath
    Cortnie M Horvath

    Listing agent Cortnie M Horvath

    Listing office Keller Williams Consultants 5400 Frantz Road, Suite #100, Dublin, OH

    Listing date Apr 17, 2026

    MLS# 226012657

    Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Professional Office Suites Available

    Located at 617 Brookhill Drive in Circleville, Ohio, professional office suites are available in various sizes to accommodate different types of businesses. Options range from private offices suitable for one to two occupants, to mid-sized suites for teams of three to four or six to seven, up to larger spaces ideal for a full medical practice, physician's office, or spa. The property includes a shared common area kitchen, conference room, and internet service. Flexible layouts and leasing options are available. The lot size is 0.14 acres and the property size is 7158 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Circleville
    County
    Pickaway
    State
    Ohio
    Longitude
    -82.918527
    Latitude
    39.603455

    Nearby Similar for Lease

    • Contact for pricing

      Professional Office Suites Available

      Variety of office suites suitable for many business types.
      617 Brookhill Lane, Circleville, OH 43113
      View Details
    • Contact for pricing

      Spacious Retail Space in Circleville

      10,000 SF retail space suitable for various businesses.
      128 Morris Road, Circleville, OH 43113
      View Details
    • Contact for pricing

      Circleville Retail Space Available

      5,000 SF retail space for lease in Circleville, OH.
      120 Morris Road, Circleville, OH 43113
      View Details
    • $17/mo

      Retail Space on Main Street

      Retail space with high visibility and ample parking available for lease.
      475 E Main Street, Circleville, OH 43113
      View Details
    • Contact for pricing

      Circleville Flex Space For Lease

      Flex space with offices, conference room, and drive-in bays.
      1099 US-22, Circleville, OH 43113
      View Details
    • $495,000/mo

      Renovated Flex-Warehouse on 1.5 Acres

      Newly renovated 3,200 SF flex-warehouse on 1.5 acres for rent.
      22840 Canal Road, Circleville, OH 43113
      View Details
    • $18/mo

      Retail Space on Main Street

      Retail space available for lease on Main Street.
      509-513 E Main St, Circleville, OH
      View Details
    • $8/mo

      Office and Warehouse Space Available

      Two-story office and warehouse space for lease.
      1950 Stoneridge Dr, Circleville, OH
      View Details
    • Contact for pricing

      Retail Spaces Available For Lease

      Two retail spaces available in a convenient location.
      509 E Main St, Circleville, OH 43113
      View Details
    • Contact for pricing

      Retail Space in Circleville, Ohio

      Retail space anchored by Big Lots, near fairgrounds.
      201 Lancaster Pike, Circleville, OH 43113
      View Details

    FAQs

    What type of property is this?
    Office units - Variety of office suites available for rent in Circleville.
    Where is this office units located?
    The property is located at 617 Brookhill Lane Circleville, OH.
    What is the lease rate?
    The lease rate is $300 /Mo.
    What are key features of this property?
    This property features: Variety of office suite sizes available, accommodating businesses of all types and sizes.; Flexible layouts and leasing options.; Shared common area kitchen and conference room.
    (614) 581-8112
    We can help!
    Listing Contact
    Cortnie M Horvath
    Cortnie M Horvath
    Learn More
    Request Owner's contact information
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!