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Freestanding Office/Warehouse Building
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6156 Wilcox Rd, Dublin, OH 43016

Two-floor Class A office space inside a freestanding warehouse building with dock doors and 22-foot clear height.

Property Size14,592 SF
Lot Size1.52 Acres
Price / SF$157.28
Days on Market516

Property Features for 6156 Wilcox Rd

General Information

Standard status Active
Size 14,592 SF
Class A
Lot size 1.52 Acres
Property subtype OFFICE
Zoning PID

Additional Details

Highway Access Yes

Amenities

Gym with restrooms and showers
Commercial Leak Defense System
Onsite backup generator

Building Details

Stories 2
Listing Agency: Alterra Real Estate Advisors
Listed By: Brad L Kitchen, SIOR
Source: Moodyscre
Added: Jun 1, 2025 Changed: Oct 26 Last Checked: Oct 28 at 9:21AM

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 Alterra Real Estate Advisors

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This freestanding building offers two floors of Class A office space totaling 14,592 USF, set on a 1.52-acre lot with additional room for expansion. The original plans included two dock doors with warehouse storage, supporting flexible operations within the same facility. Warehouse clear height reaches 22 feet.

Zoned PID (Planned Industrial District) within the City of Dublin, the property includes onsite parking and practical onsite amenities such as an onsite backup generator. Additional building features include a gym with restrooms and showers, along with a commercial leak defense system. It is located less than 1 mile from I-270, providing convenient access for business traffic.

With a parking ratio of 3.42 per 1,000, the layout supports day-to-day workforce needs while maintaining the integrated office-and-warehouse configuration.

Key Highlights

  • Two‑floor Class A office space totaling 14,592 Total USF inside a freestanding warehouse building.
  • Freestanding building on a 1.52 AC lot with additional room for expansion.
  • PID (Planned Industrial District) zoning within the City of Dublin.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$179,657
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,593,140 $3.6M
Cap Rate 7%
$2,566,529 $2.6M
Cap Rate 9%
$1,996,189 $2.0M
Market Conditions
NOI Build-Up for 14,592 SF
Gross rent
$315.2K $21.60/SF
− Vacancy
−$75.6K −$5.18/SF
EGI
$239.5K $16.42/SF
− OpEx
−$59.9K −$4.10/SF
NOI
$179.7K $12.31/SF
Area
Franklin County, OH
Vacancy
24.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,593,140
Cap Rate 7%
$2,566,529
Cap Rate 9%
$1,996,189

Alternative Uses

Best Use
Office B
$2.57M
$2.25M – $2.99M (±1% cap)
NOI $179,657 @ 7.0% cap · market cap 7.83%
Second Best
Industrial
$2.42M
$2.12M – $2.83M (±1% cap)
NOI $169,543 @ 7.0% cap · market cap 7.39%
Theoretical Best
Specialty Retail
$2.97M
$2.60M – $3.47M (±1% cap)
NOI $208,242 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

587
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Flex space - Two-floor Class A office space inside a freestanding warehouse building with dock doors and 22-foot clear height.
Where is this flex space located?
The property is located at 6156 Wilcox Rd Dublin, OH.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: Two‑floor Class A office space totaling 14,592 Total USF inside a freestanding warehouse building.; Freestanding building on a 1.52 AC lot with additional room for expansion.; PID (Planned Industrial District) zoning within the City of Dublin.
(614) 327-4366 Call to check price and availability
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