Freestanding Office
5890 Venture Dr Dublin, OH 43215
For Sale
Contact for pricing
Freestanding office condo with three floors of private offices, common areas, a break room, and two restrooms.
Property Size2,784 SF
Price / SF$202.95
Days on Market59
Property Features for 5890 Venture Dr
General Information
- Standard status
- Active
- Size
- 2,784 SF
- Property subtype
- OFFICE
Listing Agency:
NAI Ohio Equities
(614) 218-3520
Listed By:
Peter Merkle · License #439173
(614) 218-3520
Source:
Moodyscre
Added: May 27
Changed: Jul 23
Last Checked: Jul 23 at 3:23PM
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 NAI Ohio Equities
Investment Insights
Based on property information with market context.
This freestanding office condo offers approximately 2,784 square feet across three floors. The layout includes private offices, common areas, a break room, and two restrooms, supporting day-to-day office operations within a self-contained configuration.
Located at 5890 Venture Dr in Dublin, Ohio, the property is presented for sale as an office condo option in the German Village area.
Located at 5890 Venture Dr in Dublin, Ohio, the property is presented for sale as an office condo option in the German Village area.
Key Highlights
- 2,784 SF freestanding office condo in German Village
- Three floors with private offices and common areas
- Includes a break room and 2 restrooms
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 | $60.1k | $21.60 |
| − Vacancy | −$14.4k | −$5.18 |
| EGI | $45.7k | $16.42 |
| − OpEx | −$11.4k | −$4.10 |
| NOI | $34.3k | $12.31 |
2,784 SF · lease $21.60/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$489.7K
$428.5K – $571.3K
NOI $34,277 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$567.6K
$496.6K – $662.2K
NOI $39,730 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Frontline Healthcare Staffing
Employment Agency
FAQs
What type of property is this?
Office building - Freestanding office condo with three floors of private offices, common areas, a break room, and two restrooms.
Where is this office building located?
The property is located at 5890 Venture Dr Dublin, OH.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: 2,784 SF freestanding office condo in German Village; Three floors with private offices and common areas; Includes a break room and 2 restrooms
