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    4700 Northwest Pkwy Hilliard, OH 43026

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    For Sale
    Contact for pricing

    30,876 SF Multi-Tenant Industrial Property

    Property size:
    30,876 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 30,876-square-foot industrial property, located at 4700 Northwest Parkway in Hilliard, Ohio, presents a compelling investment or owner-user opportunity. The single-story, 1984-built building sits on approximately 3.36 acres and boasts a 100% occupancy rate with four tenants across six units. The property is classified as flex, R&D, and warehouse space, offering versatile usage options. Features include a 15-foot ceiling height, one loading dock, and four drive-in bays, with potential for expansion. The property's multi-tenant structure provides a stable income stream, further enhanced by built-in rent bumps. Its convenient location offers easy access to major transportation arteries, being approximately 1.3 miles from I-270 and 0.7 miles from Cemetery Road. The property's address is 4700 Northwest Parkway, Hilliard, OH 43026, and its APN is 50-002868-00 & 050-003209-00. This NNN-leased property is situated in Franklin County and offers a rare opportunity in the thriving Hilliard market. The property's single-building design simplifies management, while its strong tenant base ensures consistent cash flow. This is an ideal asset for investors seeking a stable, high-occupancy industrial portfolio addition.

    Property Features for 4700 Northwest Pkwy

    General Information

    Property type
    Life science properties
    Square Feet
    30,876 SF

    Building Details

    Year Built
    1984
    Buildings
    1
    Stories
    1
    Units
    6
    Property Profile Location Intelligence

    Current Use by Public Records

    Jacadis Computer Consultant DigiZap Solutions Electronics Manufacturer RDS Drain Service Plumber YourLeave Business To Business Service Alternative Risk Management ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hilliard
    County
    Franklin
    State
    Ohio
    Longitude
    -83.1442023
    Latitude
    40.0393167

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    FAQs

    What type of property is this?
    Life science property - 30,876 SF Multi-Tenant Industrial Property
    Where is this life science property located?
    The property is located at 4700 Northwest Pkwy Hilliard, OH.
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    4700 Northwest Pkwy Hilliard, OH 43026
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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
    4700 Northwest Pkwy Hilliard, OH 43026
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