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

    4829 Dierker Rd Upper Arlington, OH 43220

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,795 /Mo

    Two-bedroom townhouse with finished basement and fenced patio.

    Lot size:
    0.56 Acres

    Property Features for 4829 Dierker Rd

    General Information

    Lot size
    0.56 Acres

    Building Details

    Year built
    1973

    We can help!

    Listing Contact
    Exelon Realty
    Source: Kw

    Listing Agent: Exelon Realty

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

    Learn more

    Overview

    Upper Arlington Townhouse For Rent

    This two-bedroom townhouse is available for rent in Upper Arlington, Ohio. The property features a finished basement with washer and dryer hookups located in the rear utility room. A fenced-in patio is accessible from the dining room, with a carport situated behind it. The unit has been recently renovated and includes new appliances and flooring. The location provides convenient access to shopping, dining, banking, and parks. Commuting to downtown and OSU is facilitated by easy access to routes 315 and 33.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Upper Arlington
    County
    Franklin
    State
    Ohio
    Longitude
    -83.076001
    Latitude
    40.054511

    Nearby Similar for Lease

    • $25 SF/Yr
      21,718 SF

      New Mixed-Use Development Available

      New office and retail spaces for lease in Upper Arlington.
      3700 Riverside Dr, Upper Arlington, OH 43221
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space on Lane Avenue

      Premier retail space in Upper Arlington, Ohio.
      1635-1717 W Lane Ave, Upper Arlington, OH 43221
      View Details
    • Contact for pricing
      2,914 SF

      Premier Retail Space on Lane

      Ideally located retail space in Upper Arlington, Ohio.
      1553-1733 W Lane Ave, Upper Arlington, OH 43221
      View Details
    • Contact for pricing
      218,925 SF

      Kingsdale Shopping Center Retail Space

      Prime Upper Arlington retail space available.
      3061 Kingsdale Ctr, Upper Arlington, OH 43221
      View Details
    • $10 SF/Yr
      22,798 SF

      Prime Upper Arlington Office Space

      Versatile Office Suites Available Now
      3380 Tremont Rd, Upper Arlington, OH 43221
      View Details
    • $15 SF/Yr
      13,800 SF

      Prime Upper Arlington Office Space

      3,485 SF Office, Abundant Amenities
      3100 Tremont Rd, Upper Arlington, OH 43221
      View Details
    • $28 SF/Yr
      5,060 SF

      Upper Arlington Retail Space for Lease

      Prime location, 1,500 sq ft available.
      3219 Tremont Rd, Upper Arlington, OH 43221
      View Details
    • Contact for pricing
      2,086 SF

      Retail Space Near Shops on Lane

      Retail spaces available in prime Upper Arlington location.
      1745 W Lane Ave, Upper Arlington, OH 43221
      View Details
    • Contact for pricing
      184,280 SF

      Lane Avenue Medical Office Space

      Upper Arlington medical office suites available.
      0 Ln Ave. & Beaumont Rd, Upper Arlington, OH 43221
      View Details
    • $18 SF/Yr
      1,500 SF

      Retail Space in Upper Arlington

      Adaptable retail space in a high-traffic, strong demographic area.
      2800-2830 Fishinger Rd, Upper Arlington, OH 43221
      View Details
    • $28 SF/Yr
      1,500 SF

      Retail Space Near Kingsdale Center

      Retail space for lease across from Kingsdale Shopping Center.
      3219-3241 Tremont Rd, Upper Arlington, OH 43221
      View Details
    • $20 SF/Yr
      2,275 SF

      Updated Office Space For Rent

      Office space available in Upper Arlington with recent updates.
      5025 Arlington Centre Blvd, Upper Arlington, OH 43220
      View Details

    FAQs

    What type of property is this?
    Apartment building - Two-bedroom townhouse with finished basement and fenced patio.
    Where is this apartment building located?
    The property is located at 4829 Dierker Rd Upper Arlington, OH.
    What are key features of this property?
    This property features: - Newly rehabbed unit with new appliances and flooring; - Finished basement with washer and dryer hook up; - Enjoy the fenced in patio
    Request Owner's contact information
    4829 Dierker Rd Upper Arlington, OH 43220
    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.
    4829 Dierker Rd
    Upper Arlington, OH 43220
    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
    4829 Dierker Rd Upper Arlington, OH 43220
    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
    Exelon Realty
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.