Updated Flex
6150 Avery Road, Dublin, OH 43016
For Sale
$2,200,000
Industrial, Dublin, OH
Property Size7,000 SF
Lot Size3.35 Acres
Price / SF$314.29
Days on Market93
Property Features for 6150 Avery Road
General Information
Property type
Property subtype
Zoning description
Standard status
APN
Size
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Water source
Building Details
Year built
Floors in Building
Listing Agency:
Cutler Real Estate
(614) 339-4664
Listed By:
Kim Christensen · License OH #2020001767
(740) 616-5500
Added: Aug 11
Changed: Nov 10
Last Checked: Nov 11 at 6:06AM
MLS# 226030394
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Located at 6150 Avery Road in Dublin, Ohio, this 7,000-square-foot flex property combines office and warehouse functionality on a 3.35-acre lot. Improvements include new flooring, LED fixtures, updated HVAC, a heated roof, and a 10-foot drive-in door. The fabrication room is equipped with 3-phase electric, while a 24' x 12' shed provides additional storage. The site includes 20 parking spaces and has public water with water available.
The property is positioned a couple of miles from 161/33 and I-270. It is within Dublin’s Technology Flex (TF) District, which supports research, office, laboratory, clean manufacturing, and light-industrial uses. The building was constructed in 1977 and has undergone substantial capital improvements.
The property is positioned a couple of miles from 161/33 and I-270. It is within Dublin’s Technology Flex (TF) District, which supports research, office, laboratory, clean manufacturing, and light-industrial uses. The building was constructed in 1977 and has undergone substantial capital improvements.
Key Highlights
- 7,000 SF flex office/warehouse on 3.35 acres
- Technology Flex (TF) District supports research, office, laboratory, clean manufacturing, and light‑industrial uses
- 20 parking spaces plus a 24' x 12' shed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,760
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,975,200
$2.0M
Cap Rate 7%
$1,410,857
$1.4M
Cap Rate 9%
$1,097,333
$1.1M
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$152.9K $21.84/SF
− Vacancy
−$36.7K −$5.24/SF
EGI
$116.2K $16.60/SF
− OpEx
−$17.4K −$2.49/SF
NOI
$98.8K $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%
$1,975,200
Cap Rate 7%
$1,410,857
Cap Rate 9%
$1,097,333
Alternative Uses
Best Use
Warehouse
$1.41M
$1.23M – $1.65M
NOI $98,760 @ 7.0% cap · market cap 4.49%
Second Best
Office B
$1.23M
$1.08M – $1.44M
NOI $86,184 @ 7.0% cap · market cap 3.92%
Theoretical Best
Specialty Retail
$1.43M
$1.25M – $1.66M
NOI $99,897 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
949
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 43016, OH
44,517
Population
19,919
Households
2.2
Avg Household Size
36
Median Age
69%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
2,343
Density / Sq Mi
$110,518
Median Household Income
$69,917
Median Earnings
$1,530
Median Rent
$413,200
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Franklin County, OH
Properties on Market for Flex space in Franklin County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Technology Flex District property supporting office, laboratory, clean manufacturing, research, and light-industrial uses.
Where is this flex space located?
The property is located at 6150 Avery Road Dublin, OH.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 7,000 SF flex office/warehouse on 3.35 acres; Technology Flex (TF) District supports research, office, laboratory, clean manufacturing, and light‑industrial uses; 20 parking spaces plus a 24' x 12' shed
