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Spacious Commercial Property in Plain City

235 S Jefferson Ave Plain City, OH 43064

235 S Jefferson Ave, Plain City, OH, 43064
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Versatile commercial property with B2 zoning and high traffic exposure.

Property Size26,400 SF
Lot Size6.50 Acres
Price / SF$75.76
AddedMay 4
Days on Market74
Last RefreshJul 15 at 9:09 pm

Property Features for 235 S Jefferson Ave

General Information

Standard status
Active
Size
26,400 SF
Lot size
6.50 Acres
Property subtype
INDUSTRIAL

Listing office Keller Williams Consultants Realty

Listing date May 4, 2026

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 Keller Williams Consultants Realty


Investment Insights

Based on property information with market context.

This expansive commercial property, situated on nearly 6.5 acres across two parcels, presents a flexible opportunity for business owners and investors in the Plain City market. Zoned B2 Business, the property offers a wide range of possibilities. The four buildings provide a total of 22,500 square feet of usable space, suitable for warehouse operations, workshop areas, and retail frontage. Fifteen drive-in doors facilitate logistics, while two outdoor docks enhance functionality for businesses with frequent product movement. Located on S. Jefferson Ave., the property benefits from strong daily traffic exposure and visibility. It is near Uptown Plain City, a growing community attracting new residents and businesses. The property also offers convenient access to both US-42 and SR-161, with Dublin, London, Delaware, and Marysville within a short drive, connecting to major employers and a broad customer base across northwest Columbus and beyond. The total property size is 26,400 square feet.

Key Highlights

  • Expansive 6.5 acre property with B2 Business zoning offers flexible commercial opportunities.
  • 22,500 Sq Ft of usable space across 4 buildings suitable for warehouse, workshop, and retail.
  • Prime location on S. Jefferson Ave. provides strong traffic exposure and visibility.

Local Financial Insights For Flex RnD

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 $218.6k $8.28
− Vacancy −$16.8k −$0.64
EGI $201.8k $7.64
− OpEx −$70.6k −$2.67
NOI $131.1k $4.97
26,400 SF · lease $8.28/SF/yr · vacancy 7.70% · expense 35.00%

Alternative Uses

Best Use
Warehouse
$5.32M
$4.66M – $6.21M (±1% cap)
NOI $372,468 @ 7.0% cap · market cap 18.62%
Second Best
Industrial
$4.38M
$3.83M – $5.11M (±1% cap)
NOI $306,738 @ 7.0% cap · market cap 15.34%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Rt. 42 Bargains Discount Store D&D Pallet Liquidators Liquidator Rocky Mountain Coffee ... Cafe & Coffee Shop Runyon Erectors Construction Company

Suggested Use

Real Estate Agency Big Box & Wholesale Store Law Firm Dental Office Auto Parts Store Building Supply Parking Lot & Garage Kitchen & Bath Showroom Auto Repair Shop Electrical Service

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

FAQs

What type of property is this?
Flex space - Versatile commercial property with B2 zoning and high traffic exposure.
Where is this flex space located?
The property is located at 235 S Jefferson Ave Plain City, OH.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Expansive 6.5 acre property with B2 Business zoning offers flexible commercial opportunities.; 22,500 Sq Ft of usable space across 4 buildings suitable for warehouse, workshop, and retail.; Prime location on S. Jefferson Ave. provides strong traffic exposure and visibility.
Contact an agent
(614) 205-3394 Call to check price and availability
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