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

    4998 Rings Rd Dublin, OH 43017

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

    Dublin, OH Medical/Office Building

    Lot size:
    7,100 SF

    Property Features for 4998 Rings Rd

    General Information

    Property type
    Medical Office Space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,100 SF
    Class
    A

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 4998 Rings Rd, Dublin, OH 43017 Contact us

    We can help!

    Listing Contact
    Matt Gregory
    Matt Gregory

    Listing Agency: NAI Ohio Equities, LLC Listing Agent: Matt Gregory

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This newly constructed, Class A, 7,100 square foot office building in Dublin, Ohio's Northwest submarket offers 1,300 square feet of immediately available space. Located at 4998 Rings Road, near the intersection of Rings Road and Frantz Road, this single-story building is part of The Corners, a 70,000 square foot mixed-use development featuring restaurants, retail, and a public park. The property boasts premium finishes and a generous 5.0/1,000 SF parking ratio, ensuring ample parking for tenants and their clients. The building is zoned PUD (Planned Unit Development) and features two suites in total. Its convenient location provides easy access to major roadways, including I-270, SR-161, and the Tuttle Mall area. Ideal for medical or general office uses, this space presents a unique opportunity to establish a presence in a thriving, amenity-rich environment. The Franklin County property (APN 273-013223-00) is situated in the Dublin submarket cluster and offers excellent visibility. Currently, one suite is occupied by Dental Reflections.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dental Reflections Dublin Dental Office Rudi As-Sanie DDS ... Dental Office Columbus Academy Of Dental ... Dental Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Dublin
    County
    Franklin
    State
    Ohio
    Longitude
    -83.12434027
    Latitude
    40.08528611

    Nearby Similar for Lease

    • $14 SF/Yr
      12,796 SF

      Modern Office Space in Dublin

      Updated office space in Dublin's Metro Place business district.
      572-576 Metro Pl N, Dublin, OH 43017
      View Details
    • Sponsored
      Contact for pricing

      OH, Dublin - Emerald Pkwy

      Workspaces, services and support to help you work better in OH, Dublin - Emerald Pkwy
      6397 Emerald Pkwy, Dublin, OH 43081
      View Details
    • $2,000 /Mo
      4,896 SF

      Updated Medical Office in Dublin

      Furnished medical office space for lease in Dublin, Ohio.
      6850 Perimeter Dr, Dublin, OH 43016
      View Details
    • New
      Contact for pricing

      Dublin

      Discover many ways to work your way in Dublin
      545 1 Metro Pl, Dublin, OH 43017
      View Details
    • New
      Contact for pricing
      17,263 SF

      Modern Office Space with Amenities

      Office space with modern design, amenities, and superior technology.
      5525 Parkcenter Cir, Dublin, OH 43017
      View Details
    • Contact for pricing

      Flourishing Retail Corridor Anchor Space

      Prime retail space in Dublin, Ohio near Sawmill Road.
      2736 Festival Ln, Dublin, OH 43017
      View Details
    • $18 SF/Yr

      Dublin Office Sublease Opportunity

      Move-in ready office suite with executive parking and building amenities.
      400 Metro Pl N, Dublin, OH 43017
      View Details
    • $16 SF/Yr
      17,556 SF

      Dublin Office Space For Lease

      Available office space in Dublin with flexible sizes.
      6810 Perimeter Dr, Dublin, OH 43016
      View Details
    • $35 SF/Yr
      49,737 SF

      Dublin Retail Anchor Space

      Prime retail space in Dublin, Ohio near Sawmill Road.
      2809 Festival Ln, Dublin, OH 43017
      View Details
    • Contact for pricing

      Prime Retail Space in Dublin

      Retail spaces available in a high-traffic Dublin location.
      6262 Sawmill Rd, Dublin, OH 43017
      View Details
    • $11 SF/Yr

      Dublin Office Space For Rent

      2661 SF office space in Muirfield Square Complex.
      6189 Memorial Dr, Dublin, OH 43017
      View Details
    • $19 SF/Yr
      26,437 SF

      Dublin Office Space For Lease

      Office space available near hospitals, Bridge Park, and major routes.
      5747 Perimeter Dr, Dublin, OH 43017
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Dublin, OH Medical/Office Building
    Where is this medical office space located?
    The property is located at 4998 Rings Rd Dublin, OH.
    What are key features of this property?
    This property features: Class A medical/office building.; Located in The Corners, a 70,000 SF mixed-use development with restaurants, retail, and a park.; Suitable for medical or general office tenants.
    (614) 629-5234 Call to check price and availability
    Request Owner's contact information
    4998 Rings Rd Dublin, OH 43017
    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.
    4998 Rings Rd
    Dublin, OH 43017
    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
    4998 Rings Rd Dublin, OH 43017
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Matt Gregory
    Matt Gregory
    Real Estate License ID: 2006003063
    (614) 629-5234 (614) 937-6501
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!