First-Floor Office
New
For Sale
Contact for pricing
6805 Avery Muirfield Dr, Dublin, OH 43016
Professional office units offer lobby-facing access, monument signage, and on-site parking within a professionally managed property.
Property Size3,745 SF
Price / SF$245
Days on Market5
Property Features for 6805 Avery Muirfield Dr
General Information
Standard status
Active
Size
3,745 SF
Property subtype
OFFICE
Additional Details
Floor
1
Amenities
monument signage
Building Details
Year Renovated
2026
Buildings
1
Tenancy
Multi
Listing Agency:
Rj Boll Realty, Ltd.
(614) 402-0373
Listed By:
Jeffrey Boll
(614) 402-0373
Source:
Moodyscre
Added: Aug 17
Changed: Aug 20
Last Checked: Aug 20 at 5:30AM
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 Rj Boll Realty, Ltd.
Investment Insights
Based on property information with market context.
First-floor office units provide direct exposure to the building lobby and are suited to professional office or medical-office occupancy. The property includes monument signage, on-site parking, and professionally managed common areas. Interior finishes are described as high-end, supporting a polished workplace setting.
The property serves an established mix of medical and professional tenants. Parking improvements include a newly repaved lot completed in 2025, with a new roof scheduled for 2026. The combination of ground-level access, visible signage, and maintained exterior improvements supports a range of office configurations.
The property serves an established mix of medical and professional tenants. Parking improvements include a newly repaved lot completed in 2025, with a new roof scheduled for 2026. The combination of ground-level access, visible signage, and maintained exterior improvements supports a range of office configurations.
Key Highlights
- First‑floor office units with direct lobby exposure
- Suitable for professional office or medical‑office users
- Monument signage and ample on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,108
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$922,160
$922.2K
Cap Rate 7%
$658,686
$658.7K
Cap Rate 9%
$512,311
$512.3K
Market Conditions
NOI Build-Up for 3,745 SF
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.
Gross rent
$80.9K $21.60/SF
− Vacancy
−$19.4K −$5.18/SF
EGI
$61.5K $16.42/SF
− OpEx
−$15.4K −$4.10/SF
NOI
$46.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$922,160
Cap Rate 7%
$658,686
Cap Rate 9%
$512,311
Alternative Uses
Best Use
Office B
$658.7K
$576.4K – $768.5K
NOI $46,108 @ 7.0% cap · market cap 5.03%
Second Best
Healthcare Medical
$529.5K
$463.3K – $617.8K
NOI $37,065 @ 7.0% cap · market cap 4.04%
Theoretical Best
Specialty Retail
$763.5K
$668.1K – $890.8K
NOI $53,445 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,403
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Professional office units offer lobby-facing access, monument signage, and on-site parking within a professionally managed property.
Where is this office units located?
The property is located at 6805 Avery Muirfield Dr Dublin, OH.
What is the asking price?
The asking price for this property is $917,525.
What are key features of this property?
This property features: First‑floor office units with direct lobby exposure; Suitable for professional office or medical‑office users; Monument signage and ample on‑site parking
