60 Hill Rd S, Pickerington, OH
Restored 1,638 SF office building in historic Pickerington.
- Added:
- Apr 26, 2024
- Days on Market:
- 776
- Last Refresh:
- May 19 at 8:58 pm
Property Features for 60 Hill Rd S
General Information
- Standard status
- Active
- Size
- 1,638 SF
- Lot size
- 0.13 Acres
- Property subtype
- OFFICE
Listing agent Randy Best License #311236 (614) 559-3350
Listing office Best Corporate Real Estate (614) 559-3350
Listing date Apr 26, 2024
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 Best Corporate Real Estate
HighLights
- Fully restored turn‑of‑the‑century 2‑story building
- Zoned for office use
- Excellent visibility in historic Pickerington
- 1,638 SF including finished basement office spaces
- Building and street‑front post signage available
- Close proximity to shops, services, and restaurants
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.2k | $21.48 |
| − Vacancy | −$8.8k | −$5.39 |
| EGI | $26.4k | $16.09 |
| − OpEx | −$6.6k | −$4.02 |
| NOI | $19.8k | $12.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pickerington
- County
- Fairfield
- State
- Ohio
- Longitude
- -82.7583
- Latitude
- 39.8831
