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    5050 Blazer Pkwy Dublin, OH 43017

    Sponsored
    For Sale
    $2,950,000

    Multi-tenant medical office, high occupancy.

    Property size:
    18,788 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional two-story, 18,788 square foot medical office building is situated on a 2.038-acre lot at 5050 Blazer Parkway in Dublin, Ohio, zip code 43017. Currently boasting 56% occupancy with two tenants under a gross lease, this property presents a compelling investment opportunity. The asking price is $2,950,000, translating to a price per square foot of $157.02. The building features ample medical built-out space alongside traditional office space, catering to a diverse range of healthcare and professional tenants. The common area lobby has been recently updated, enhancing the overall aesthetic appeal. Building amenities include 24/7 key card access, a passenger elevator, and extensive parking (5.5 spaces per 1,000 square feet). Its convenient location provides easy access to I-270 via Frantz Road/SR 161, ensuring high visibility and accessibility for both tenants and clients. This well-maintained property offers a strong foundation for continued growth and profitability within the thriving Dublin medical market. The property is located in Franklin County.

    Property Features for 5050 Blazer Pkwy

    General Information

    Property type
    Medical offices
    Square Feet
    18,788 SF
    Lot Size
    88,775 SF

    HighLights

    • Two‑story, 18,788 SF medical office building on a 2.038‑acre lot in Dublin, OH.
    • 56% occupied with two tenants under gross leases; asking price: $2,950,000 ($157.02/SF).
    • Ample medical and traditional office space.
    • Recently updated common area lobby; attractive and well‑maintained.
    • 24/7 key card access, passenger elevator, and 5.5 parking spaces per 1,000 SF.
    • Excellent access to I‑270 via Frantz Road/SR 161.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tom Harless Mortgage Broker Wheeler Chris Dentist Xtra Mile Marketing ... Marketing Consultant Chel Hamilton Master ... Hypnotherapy Service e-Merge Real Estate ... Real Estate Consultant

    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
    Dublin
    County
    Franklin
    State
    Ohio
    Longitude
    -83.1264388
    Latitude
    40.0886128

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    FAQs

    What type of property is this?
    Medical office - Multi-tenant medical office, high occupancy.
    Where is this medical office located?
    The property is located at 5050 Blazer Pkwy Dublin, OH.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: Two-story, 18,788 SF medical office building on a 2.038-acre lot in Dublin, OH.; 56% occupied with two tenants under gross leases; asking price: $2,950,000 ($157.02/SF).; Ample medical and traditional office space.
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    5050 Blazer Pkwy Dublin, OH 43017
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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
    5050 Blazer Pkwy Dublin, OH 43017
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