Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • 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

    11713 Refugee Rd SW Pataskala, OH 43062

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land for sale with great I-70 access.

    Lot size:
    66.00 Acres

    Property Features for 11713 Refugee Rd SW

    General Information

    Lot size
    66.00 Acres

    We can help!

    Listing Contact
    Joe Davis
    Joe Davis
    Source: Moodyscre

    Listing Agent: Joe Davis

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

    Learn more

    Property Insight Report

    Overview

    6.22 AC Land For Sale

    This 6.22-acre land parcel is available for sale. It offers convenient access to I-70 via the five-lane SR 310 new interchange. The property is located in close proximity to John Glenn International Airport and is adjacent to a newly built 1.2 million square foot industrial park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Electronics & Wireless Store Cafe & Coffee Shop Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Pataskala
    County
    Licking
    State
    Ohio
    Longitude
    -82.7097611
    Latitude
    39.9730705

    Nearby Similar for Sale

    • New
      $275,000
      1,820 SF

      Pataskala Duplex with Yard Space

      Updated duplex with yard space, new roof, and updated bathrooms.
      280 Granville St, Pataskala, OH 43062
      View Details
    • Contact for pricing
      5,000 SF

      Industrial Building Near I-70 East

      5,000 SF industrial building on 2 acres near I-70.
      10095 Tollgate Rd SW, Pataskala, OH 43062
      View Details
    • Contact for pricing
      12,500 SF

      Industrial Building Near I-70

      12,500 SF industrial building with outside storage near I-70.
      10077 Tollgate Rd SW, Pataskala, OH 43062
      View Details
    • Contact for pricing
      5,000 SF

      Industrial Building Near I-70 East

      5,000 SF industrial building on 2 acres near I-70.
      10095 Tollgate Rd SW, Pataskala, OH 43062
      View Details
    • Contact for pricing
      12,500 SF

      Industrial Building Near I-70

      12,500 SF industrial building with outside storage near I-70.
      10077 Tollgate Rd SW, Pataskala, OH 43062
      View Details
    • Contact for pricing
      337,590 SF

      Industrial Development near I-70

      Proposed industrial park with freeway access and visibility.
      Hazelton-Etna Rd, Pataskala, OH
      View Details
    • Contact for pricing
      160,920 SF

      Industrial Buildings Near I-70

      Proposed industrial park with freeway access and visibility.
      Hazelton-Etna Rd SW, Pataskala, OH
      View Details
    • Contact for pricing
      1,300,000 SF

      Modern Industrial Facility with Abatement

      1,300,000 SF Class A industrial space with tax abatement.
      10400 Hazelton-Etna Rd, Pataskala, OH
      View Details
    • Contact for pricing
      445,536 SF

      Pataskala Warehouse and Industrial Property

      Large industrial property in Pataskala, Ohio, totaling 445,536 square feet.
      11551 Etna Pkwy, Pataskala, OH 43062
      View Details
    • $2,750,000
      2,151 SF

      Worthington Road Commercial Property

      Pataskala Mixed-Use Investment Opportunity
      12323 Worthington Rd, Pataskala, OH 43062
      View Details
    • $300,000
      8,400 SF

      Established Barnwood Business in Pataskala

      Profitable Reclaimed Wood Business - Turnkey Operation
      4881 Rd, Pataskala, OH 43062
      View Details
    • $275,000
      4,386 SF

      Downtown Pataskala Mixed-Use Property

      Prime Pataskala location, versatile zoning, investment opportunity.
      327 Wood St, Pataskala, OH 43062
      View Details

    FAQs

    What type of property is this?
    Land - Land for sale with great I-70 access.
    Where is this land located?
    The property is located at 11713 Refugee Rd SW Pataskala, OH.
    What are key features of this property?
    This property features: - 6.22 acre land parcel; - Great access to I-70 via five lane SR 310 new interchange; - Adjacent to newly built 1.2 million sf industrial park
    (614) 439-5434
    Request Owner's contact information
    11713 Refugee Rd SW Pataskala, OH 43062
    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.
    11713 Refugee Rd SW
    Pataskala, OH 43062
    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
    11713 Refugee Rd SW Pataskala, OH 43062
    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

    We can help!
    Listing Contact
    Joe Davis
    Joe Davis
    Real Estate License ID: SAL.2019005168
    (614) 439-5434
    Learn more
    Google sign-in failed. Please try again or use another login method.