Owner-User Office
For Sale
Contact for pricing
Pending
3863 Trueman Ct, Hilliard, OH 43026
Office property positioned just off I-270 in Hilliard’s suburban business environment.
Property Size9,955 SF
Days on Market705
Property Features for 3863 Trueman Ct
General Information
Standard status
Pending
Size
9,955 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
ROI Realty Services, Inc.
(614) 581-3775
Listed By:
Bill Greenlee
(614) 581-3775
Source:
Moodyscre
Added: Sep 1, 2024
Changed: Jul 31
Last Checked: Aug 5 at 12:07PM
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 ROI Realty Services, Inc.
Investment Insights
Based on property information with market context.
This 9,955-square-foot office building is configured for an owner-user and offers a high-quality commercial setting. The property is located at 3863 Trueman Ct in Hilliard, Ohio, within a suburban community described as experiencing high growth.
Access is supported by the property’s location just off the I-270 outerbelt freeway, providing a direct connection to the surrounding highway network. The building’s office classification and owner-user orientation make it suited to businesses seeking a dedicated workplace in the Hilliard market.
Access is supported by the property’s location just off the I-270 outerbelt freeway, providing a direct connection to the surrounding highway network. The building’s office classification and owner-user orientation make it suited to businesses seeking a dedicated workplace in the Hilliard market.
Key Highlights
- 9,955‑square‑foot office building
- Owner‑user office property
- Located just off the I‑270 outerbelt freeway
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 | $215.0k | $21.60 |
| − Vacancy | −$51.6k | −$5.18 |
| EGI | $163.4k | $16.42 |
| − OpEx | −$40.9k | −$4.10 |
| NOI | $122.6k | $12.31 |
9,955 SF · lease $21.60/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.75M
$1.53M – $2.04M
NOI $122,566 @ 7.0% cap · market cap 6.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.03M
$1.78M – $2.37M
NOI $142,068 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
Explore this area
Business Placement
Demographics for 43026, OH
64,607
Population
25,671
Households
2.5
Avg Household Size
35
Median Age
55%
College-Educated
96%
High-School Grad
35.3 sq mi
ZIP Area
1,830
Density / Sq Mi
$110,369
Median Household Income
$59,770
Median Earnings
$1,430
Median Rent
$324,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Office property positioned just off I-270 in Hilliard’s suburban business environment.
Where is this office building located?
The property is located at 3863 Trueman Ct Hilliard, OH.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: 9,955‑square‑foot office building; Owner‑user office property; Located just off the I‑270 outerbelt freeway
