Properties For Sale

at 4700 Northwest Parkway Contact us

Suite 110/120 AVAILABLE, Now

Floor 1

Size 7,493 SF

Type OFFICE

4700 Northwest Parkway, Hilliard, OH 43026 Property: • Multi-tenant office/flex warehouse building • Suite 110/120: ±1,850, 5,643, up to 7,493 Sq. Ft. office or office/warehouse available now • Suite 210/220: ±4,680, 6,350, up to 11,030 Sq. Ft. office or office/warehouse available 12/1/26 Location: •±1.3 miles from I-270 •±.7 miles from Cemetery Road

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Suite 210/220 AVAILABLE

Size 11,030 SF

Type INDUSTRIAL

4700 Northwest Parkway, Hilliard, OH 43026 Property: • Multi-tenant office/flex warehouse building • Suite 110/120: ±1,850, 5,643, up to 7,493 Sq. Ft. office or office/warehouse available now • Suite 210/220: ±4,680, 6,350, up to 11,030 Sq. Ft. office or office/warehouse available 12/1/26 Location: •±1.3 miles from I-270 •±.7 miles from Cemetery Road

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Listing Agency: Rj Boll Realty, Ltd. Show Phone

Listed By: Jake Boll, SIOR · License #SAL.2016006108 Show Phone

Source: Moodyscre

Added: Nov 23, 2025 Changed: Oct 25 Last Checked: Oct 24 at 6:50PM

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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.

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Investment Insights

Based on property information with market context.

The property at 4700 Northwest Parkway, Hilliard, OH, is a multi-tenant office/warehouse building with approximately 30,876 square feet of space. Situated on approximately 3.36 acres, the property offers multiple office or office/warehouse options suitable for an owner/user to occupy, or an investor can backfill at market rents. The building includes 1 dock and 4 drive-in doors, with the potential to add more. The property is located on the west side within the City of Hilliard, approximately 1.3 miles from I-270 and approximately 0.7 miles from Cemetery Road.

Key Highlights

• ±30,876 Sq. Ft. multi‑tenant office/warehouse
• Multiple office or office/warehouse options for owner/user or investor
• Located ±1.3 miles from I‑270

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$155,618

Cap Rate

5.02%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,112,360 $3.1M

Cap Rate 7%

$2,223,114 $2.2M

Cap Rate 9%

$1,729,089 $1.7M

Is this asking price fair?

Market Conditions

NOI Build-Up for 11,030 SF

Gross rent

$240.9K $21.84/SF

− Vacancy

−$57.8K −$5.24/SF

EGI

$183.1K $16.60/SF

− OpEx

−$27.5K −$2.49/SF

NOI

$155.6K $14.11/SF

Area

Franklin County, OH

Vacancy

24.00%

Lease Rate

$21.84 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,112,360

Cap Rate 7%

$2,223,114

Cap Rate 9%

$1,729,089

Alternative Uses

Best Use

Warehouse

$2.22M

$1.95M – $2.59M (±1% cap)

NOI $155,618 @ 7.0% cap · market cap 5.02%

Second Best

Office B

$1.94M

$1.70M – $2.26M (±1% cap)

NOI $135,801 @ 7.0% cap · market cap 4.38%

Theoretical Best

Specialty Retail

$2.25M

$1.97M – $2.62M (±1% cap)

NOI $157,409 @ 7.0% cap · market cap 5.08%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Jacadis IT Consulting Firm DigiZap Solutions Factory RDS Drain Service Plumbing Service YourLeave Business To Business Service Alternative Risk Management ... Insurance Agency

Suggested Use

Top Pick Hair Salon Restaurant Parking Lot & Garage Storage Facility HVAC Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

696

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - Multi-tenant office/warehouse with dock and drive-in access in Hilliard.

Where is this warehouse located?

The property is located at 4700 Northwest Parkway Hilliard, OH.

What is the asking price?

The asking price for this property is $3,100,000.

What are key features of this property?

This property features: ±30,876 Sq. Ft. multi‑tenant office/warehouse; Multiple office or office/warehouse options for owner/user or investor; Located ±1.3 miles from I‑270