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

    4756 Northwest Pkwy Hilliard, OH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Warehouse units for lease, ranging from 4,800 to 12,000 SF.

    Type:INDUSTRIAL
    Property size:
    12,000 SF
    Lot size:
    1.06 Acres
    Added:
    Feb 27, 2025
    Days on Market:
    427
    Last Refresh:
    Apr 5 at 8:29 pm

    Property Features for 4756 Northwest Pkwy

    General Information

    Standard status
    Active
    Size
    12,000 SF
    Lot size
    1.06 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 4756 Northwest Pkwy Contact us

    We can help!

    Listing Contact
    Jacob Boll
    Jacob Boll

    Listing agent Jacob Boll

    Listing office Rj Boll Realty, Ltd.

    Listing date Feb 27, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Rj Boll Realty, Ltd.

    Overview

    Hilliard Warehouse Space Available

    Located at 4756 Northwest Parkway in Hilliard, Ohio, this property offers warehouse space for lease. The building provides units ranging from approximately 4,800 to 12,000 square feet, with the building offering up to approximately 12,000 square feet. Office space can be built to suit. The warehouse features an 18-foot clear height and rear loading with 12-foot by 14-foot drive-in doors. The property is located approximately 1.3 miles from I-270 and approximately 0.7 miles from Cemetery Road.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    • Store Space Self Storage — 3927 Brown Park Dr, Hilliard, OH 43026
    • FastGood4Cheap Movers — 3800 Lacon Rd, Hilliard, OH 43026

    Location Insight

    • Map
    • Local Demand
    City
    Hilliard
    County
    Franklin
    State
    Ohio
    Longitude
    -83.1477
    Latitude
    40.0391

    Nearby Similar for Lease

    • $19 SF/Yr

      Retail Space Near High-Traffic Starbucks

      Retail space with high visibility and ample parking.
      3582-3600 Fishinger Blvd, Hilliard, OH
      View Details
    • $13 SF/Yr

      Hilliard Rome Road Office Building

      Class B office building with move-in ready medical suites.
      5508-5584 Hilliard Rome Road, Hilliard, OH, 43026
      View Details
    • Contact for pricing

      Available Retail Space Near I-270

      20,052 SF retail space with truck dock, available Fall 2024.
      3931-3939 Trueman Blvd , Hilliard , OH
      View Details
    • Contact for pricing

      New Industrial Space Available

      Industrial space for lease, 1,595 - 12,000 SF available.
      4402 Weaver Ct N, Hilliard, OH 43026
      View Details
    • $13 SF/Yr

      Move-In Ready Office and Medical

      Office and medical suites available for rent.
      5508 Hilliard Rome Office Park, Hilliard, OH, 43026
      View Details
    • Contact for pricing

      Turnkey Auto Shop for Sale

      Operating auto shop with equipment, low rent, immediate revenue.
      4529 Scioto Darby Rd, Hilliard, OH
      View Details
    • $6 SF/Yr

      Hilliard Warehouse with Office Space

      Functional warehouse space with office and showroom in Hilliard.
      3636 Lacon Rd, Hilliard , OH
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space for rent at Brown Park Drive, Hilliard, OH.
      3955 Brown Park Drive, Hilliard, OH 43026
      View Details
    • Contact for pricing

      Hilliard Flex Space Available

      Flex space available for rent in Hilliard, Ohio.
      4445 Weaver Ct, Hilliard, OH 43026
      View Details
    • $12 SF/Yr

      Hilliard Office Space For Rent

      Office space available in Hilliard, Ohio with ample parking.
      5500-5514 Nike Dr, Hilliard , OH
      View Details
    • $8 SF/Yr

      Retail Space with High Visibility

      Retail property with high traffic and easy highway access.
      5445-5837 Roberts Rd , Hilliard , OH
      View Details
    • Contact for pricing

      Healthcare Property for Lease

      Healthcare property available for lease in Hilliard, Ohio.
      4555 Cemetery Road, Hilliard, OH, 43026
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse units for lease, ranging from 4,800 to 12,000 SF.
    Where is this warehouse located?
    The property is located at 4756 Northwest Pkwy Hilliard, OH.
    What are key features of this property?
    This property features: Building up to ±12,000 Sq. Ft. with available units ranging from ±4,800‑12,000 Sq. Ft.; Convenient location: ±1.3 miles from I‑270 and ±0.7 miles from Cemetery Road.; Benefit from **18’ clear height**.
    (614) 307-9933 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jacob Boll
    Jacob Boll
    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!