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    7697 Robinett Way Canal Winchester, OH 43110

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    Located off US-33 in Canal Winchester, Ohio.

    Type:Industrial
    Property size:
    221,316 SF
    Added:
    Mar 25, 2026
    Days on Market:
    22
    Last Refresh:
    Mar 18 at 8:00 am

    Property Features for 7697 Robinett Way

    General Information

    Standard status
    Active
    Size
    221,316 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Jeff Lyons
    Jeff Lyons

    Listing agent Jeff Lyons

    Listing office CBRE | Columbus

    Listing date Mar 25, 2026

    Source Cbre

    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 CBRE | Columbus

    Overview

    Commercial Property in Canal Winchester

    Located off of US-33 in Canal Winchester, Ohio, this commercial property offers a substantial area of 221316 square feet. Additional details are available in the property brochure.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Real Estate Agency Building Supply Gym & Fitness Center Kitchen & Bath Showroom Food Market Bar & Pub Garden Center Plumbing Service Mobile Phone Store Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Canal Winchester
    County
    Franklin
    State
    Ohio
    Longitude
    -82.7973
    Latitude
    39.8265

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space Near US Route 33

      New retail development site anchored by Meijer in high-growth area.
      7740 Diley Rd, Canal Winchester, OH
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      Retail Space in High-Traffic Area

      Retail space available in a high-traffic location.
      3506-3648 Gender Rd , Canal Winchester, OH
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      Medical Office Building Near US-33

      Medical office space connected to hospital services, near US-33.
      7901 Diley Rd, Canal Winchester, OH 43110
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      Warehouse Space Available For Lease

      130,629 square foot warehouse space available for lease.
      6111 Bixby Road, Canal Winchester, OH, 43110
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      Industrial Space Available for Lease

      Industrial building for lease with tax abatement and planned improvements.
      7415 Basil Western Rd NW, Canal Winchester, OH
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      Mixed-Use Development Near Highway 33

      Mixed-use development in high-growth area near Canal Winchester and Pickerington.
      8565 Diley Rd, Canal Winchester, OH
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    • $28/mo

      Historic Downtown Commercial Space Available

      Prime 2,415 sq ft commercial space in historic Canal Winchester.
      26 & 28 W Waterloo, Canal Winchester, OH 43110
      View Details
    • Contact for pricing

      Mixed-Use Development in High-Growth Area

      Retail and restaurant spaces available in a growing Columbus suburb.
      0 Diley Rd NW, Canal Winchester, OH
      View Details
    • $1.33/mo

      Retail, Office

      19 E Waterloo Street, Canal Winchester, OH 43110
      View Details

    FAQs

    What type of property is this?
    Specialty property - Located off US-33 in Canal Winchester, Ohio.
    Where is this specialty property located?
    The property is located at 7697 Robinett Way Canal Winchester, OH.
    What are key features of this property?
    This property features: Located off of US‑33; Located in Canal Winchester, OH; See brochure for details
    (614) 430-5012
    We can help!
    Listing Contact
    Jeff Lyons
    Jeff Lyons
    Learn More
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    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
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