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    5300 Nike Dr Hilliard, OH 43026

    Sponsored
    For Sale
    $3,100,000

    Fully leased, 9,513 SF medical facility, expansion potential.

    Property size:
    9,513 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,513 square foot special purpose building, located at 5300 Nike Drive in Hilliard, Ohio, presents a unique investment opportunity. Built in 1994, the property sits on a substantial 120,225.6 square foot lot and boasts 9,042 square feet of net rentable space, currently fully leased. The asking price is $3,100,000, translating to $342.84 per square foot. The building features attractive landscaping, excellent curb appeal, a stone front, and an arched concrete entrance, all contributing to a professional and welcoming atmosphere. Designed specifically for medical offices, the property offers significant expansion potential. An additional 9,000 square feet could be added, increasing the total square footage to approximately 18,000 square feet. Hilliard, Ohio, with a population of approximately 60,000, benefits from its strategic location near I-270, I-70, and I-71, ensuring easy access for patients and staff. The high traffic volume on Rome Hilliard Road further enhances the property's visibility and accessibility. This strong community and its convenient location contribute to the ongoing economic and social growth of the central Ohio region, making this a compelling investment in a thriving market.

    Property Features for 5300 Nike Dr

    General Information

    Property type
    Specialty properties
    Square Feet
    9,513 SF

    Building Details

    Year Built
    1994

    HighLights

    • 9,513 SF special purpose building on a 120,225.6 SF lot in Hilliard, OH.
    • Fully leased, 9,042 SF net rentable space, asking price $3,100,000 ($342.84/SF).
    • Built in 1994, features attractive landscaping, stone front, and arched concrete entrance.
    • Significant expansion potential: add up to 9,000 SF.
    • Excellent location near I‑270, I‑70, and I‑71, high visibility on Rome Hilliard Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Lucas D. ... Family Practice Physician Heather Dawn Hines, ... General Practitioner Megan Loveland Meyer, ... General Practitioner Victoria Katrina Powis, ... Obstetrician-Gynecologist Steven Dale House, ... General Practitioner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hilliard
    County
    Franklin
    State
    Ohio
    Longitude
    -83.1507438
    Latitude
    39.9953848

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    FAQs

    What type of property is this?
    Specialty property - Fully leased, 9,513 SF medical facility, expansion potential.
    Where is this specialty property located?
    The property is located at 5300 Nike Dr Hilliard, OH.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: 9,513 SF special purpose building on a 120,225.6 SF lot in Hilliard, OH.; Fully leased, 9,042 SF net rentable space, asking price $3,100,000 ($342.84/SF).; Built in 1994, features attractive landscaping, stone front, and arched concrete entrance.
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    Realmo Value Estimation

    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.

    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.

    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
    5300 Nike Dr Hilliard, OH 43026
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