Office and Flex
For Sale
Contact for pricing
6543 Commerce Pkwy, Dublin, OH 43017
Commerce Parkway is zoned SO and offers flexible interior space for office or flex uses.
Property Size6,250 SF
Days on Market100
Property Features for 6543 Commerce Pkwy
General Information
Standard status
Active
Size
6,250 SF
Property subtype
Office
Zoning
SO
Building Details
Building Size
6,250 SF
Listing Agency:
CBC Aspire Realty Services
Listed By:
Tom Velalis
Source:
Commercialcafe
Added: Jul 20
Changed: Oct 26
Last Checked: Oct 26 at 12:45PM
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 CBC Aspire Realty Services
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Investment Insights
Based on property information with market context.
Commerce Parkway is a for-sale office and flex building with a flexible interior layout designed to support a range of office, flex, and institutional uses. The property is zoned SO (Suburban Office and Institutional District).
The building is located directly across from Dublin City Hall. It is also described as within 10 minutes of Worthington, Westerville, Hilliard, and Columbus, and about 5 minutes from Bridge Park, Muirfield, and Historic Dublin.
A single, adaptable interior configuration is intended to accommodate different business and institutional requirements while remaining consistent with the property’s SO zoning.
The building is located directly across from Dublin City Hall. It is also described as within 10 minutes of Worthington, Westerville, Hilliard, and Columbus, and about 5 minutes from Bridge Park, Muirfield, and Historic Dublin.
A single, adaptable interior configuration is intended to accommodate different business and institutional requirements while remaining consistent with the property’s SO zoning.
Key Highlights
- Zoned SO (Suburban Office and Institutional District) for office, flex, and institutional uses
- Flexible interior layout suited for a range of office, flex, and institutional uses
- Located directly across from Dublin City Hall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,654
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,080
$473.1K
Cap Rate 7%
$337,914
$337.9K
Cap Rate 9%
$262,822
$262.8K
Market Conditions
NOI Build-Up for 6,250 SF
Gross rent
$39.8K $6.36/SF
− Vacancy
−$3.4K −$0.54/SF
EGI
$36.4K $5.82/SF
− OpEx
−$12.7K −$2.04/SF
NOI
$23.7K $3.78/SF
Area
Franklin County, OH
Vacancy
8.45%
Lease Rate
$6.36 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,080
Cap Rate 7%
$337,914
Cap Rate 9%
$262,822
Alternative Uses
Best Use
Office B
$1.10M
$961.9K – $1.28M
NOI $76,950 @ 7.0% cap · market cap 45,264.71%
Second Best
Industrial
$1.04M
$907.7K – $1.21M
NOI $72,618 @ 7.0% cap · market cap 42,716.47%
Theoretical Best
Specialty Retail
$1.27M
$1.11M – $1.49M
NOI $89,194 @ 7.0% cap · market cap 52,467.06%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
827
Businesses Nearby
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Business Placement
Demographics for 43017, OH
43,619
Population
16,819
Households
2.6
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
16.1 sq mi
ZIP Area
2,709
Density / Sq Mi
$133,116
Median Household Income
$67,448
Median Earnings
$1,563
Median Rent
$475,200
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Commerce Parkway is zoned SO and offers flexible interior space for office or flex uses.
Where is this office unit located?
The property is located at 6543 Commerce Pkwy Dublin, OH.
What are key features of this property?
This property features: Zoned SO (Suburban Office and Institutional District) for office, flex, and institutional uses; Flexible interior layout suited for a range of office, flex, and institutional uses; Located directly across from Dublin City Hall
