Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7601 E Main St Reynoldsburg, OH 43068

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    0.75-acre commercial corner pad in a high-traffic area.

    Type:Land
    Lot size:
    0.75 Acres
    Added:
    Mar 6, 2026
    Days on Market:
    26
    Last Refresh:
    Mar 26 at 10:46 pm

    Property Features for 7601 E Main St

    General Information

    Standard status
    Active
    Lot size
    0.75 Acres
    Property subtype
    Land

    Building Details

    Year Built
    1945

    Properties For Sale

    at 7601 E Main St Contact us

    We can help!

    Listing Contact
    Bastian Gehrer
    Bastian Gehrer

    Listing agent Bastian Gehrer

    Listing office NAI Ohio Equities

    Listing date Mar 6, 2026

    Source Naiglobal

    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

    Overview

    Corner Pad for Ground Lease

    This \u00b10.75-acre corner pad is available for ground lease and is zoned commercial, supporting retail, restaurant, and medical uses. Drive-through options are permitted, provided they comply with city standards. The site benefits from prime corner visibility on E Main Street (US-40) and is situated within a strong market, characterized by dense residential neighborhoods and established retail. Convenient access is provided via ingress and egress points, along with quick connectivity to I-270 and I-70. Located along one of Reynoldsburg’s busiest commercial corridors, the property offers direct frontage on E Main (US-40), ensuring excellent visibility and easy access for commuters. The surrounding area includes residential neighborhoods, schools, and retail centers, with connectivity to I-270 and I-70. The location is attracting national and regional tenants, establishing it as one of the strongest retail locations in Reynoldsburg.
    Location Intelligence

    Current Use by Public Records

    Linzy At The White HOUSE Take-out & Catering White House entertainment Theater & Performing Art Venue

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reynoldsburg
    County
    Franklin
    State
    Ohio
    Longitude
    -82.7949
    Latitude
    39.9552

    Nearby Similar for Sale

    • $529,000

      Reynoldsburg Land Development Opportunity

      Mixed-use land suitable for multifamily and commercial development in Reynoldsburg.
      Tussing Road, Reynoldsburg, OH 43068
      View Details
    • $21
      12,000 SF

      New Mixed-Use Development For Sale

      Two-story mixed-use building in Olde Reynoldsburg Commercial District.
      7332 E Main Street, Reynoldsburg, OH 43068
      View Details
    • $8
      5,700 SF

      Reynoldsburg Industrial Unit with Warehouse

      5,700 SF industrial unit with easy highway access.
      7295 Rickly St, Reynoldsburg, OH 43068
      View Details
    • $650,000
      2,698 SF

      Restaurant in Revitalized Downtown Reynoldsburg

      Full-service restaurant with outdoor seating in downtown Reynoldsburg, Ohio.
      7360-7362 E Main Street, Reynoldsburg, OH
      View Details
    • $600,000
      5,040 SF

      Self-Storage Facility on 1.35 Acres

      5,040 SF storage facility with ample outdoor space.
      101 Humphries Dr, Reynoldsburg, OH
      View Details
    • $8
      5,700 SF

      Reynoldsburg Industrial Unit with Warehouse

      5,700 SF industrial unit with easy highway access.
      7295 Rickly St, Reynoldsburg, OH 43068
      View Details
    • $595,000
      4,960 SF

      East Columbus Multi-Use Commercial Building

      Two-story, 4,960 SF building suitable for office or religious use.
      3050 DELTA MARINE DR, Reynoldsburg, OH
      View Details
    • $300,000

      Land in Reynoldsburg Area

      Prime land for retail or general business development.
      8882-8883 & 9118 Eastwood Drive, Reynoldsburg, OH 43068
      View Details
    • $850,000

      Turnkey Restaurant/Bar in Revitalizing Area

      Fully equipped restaurant/bar in a prime downtown location.
      7360 East Main Street, Reynoldsburg, OH 43068
      View Details
    • $895,000
      4,028 SF

      Main Street Retail/Warehouse Opportunity

      Meticulously maintained building in downtown Reynoldsburg with retail and warehouse.
      6800 East Main Street, Reynoldsburg, OH
      View Details
    • $1,700,000
      10,720 SF

      Free Standing Retail Building

      10,720 SF retail building on 1.64 acres.
      6445 East Main Street, Reynoldsburg, OH
      View Details
    • Contact for pricing

      Corner Pad Ground Lease Opportunity

      0.75-acre commercial corner pad for ground lease.
      7601 E Main St, Reynoldsburg, OH 43068
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.75-acre commercial corner pad in a high-traffic area.
    Where is this commercial land located?
    The property is located at 7601 E Main St Reynoldsburg, OH.
    What are key features of this property?
    This property features: Prime corner location with excellent visibility on E Main Street (US‑40); Commercial zoning allows for diverse uses: retail, restaurant, and medical; Located in a strong market with dense residential neighborhoods and established retail
    (614) 940-4032
    We can help!
    Listing Contact
    Bastian Gehrer
    Bastian Gehrer
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!