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

    Riggins Rd Dublin, OH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Commercial outlot in Columbus near Dublin and Hilliard.

    Type:LAND
    Lot size:
    1.40 Acres
    Added:
    Oct 3, 2019
    Days on Market:
    2394
    Last Refresh:
    Apr 5 at 10:24 pm

    Property Features for Riggins Rd

    General Information

    Standard status
    Active
    Lot size
    1.40 Acres
    Property subtype
    LAND

    Spaces For Lease

    at Riggins Rd Contact us

    We can help!

    Listing Contact
    Skip Weiler
    Skip Weiler

    Listing agent Skip Weiler License #321199

    Listing office The Robert Weiler Company

    Listing date Oct 3, 2019

    Source Moodyscre

    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 The Robert Weiler Company

    Overview

    Columbus Commercial Outlot For Rent

    This commercial outlot is located in Columbus, offering convenient access to the amenities of nearby Dublin and Hilliard. The property fronts three major apartment developments: The Charles (318 units), The Kensington (324 units), and Lawrence Square (362 units), which is currently under construction. The zoning is CPD. There are two signaled intersections at Avery and Bassinghall. Recent commercial developments in the surrounding area include UDF, Cardinal Self Storage, Valvoline, and McDonald’s. This location is suitable for commercial development on the west side.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Dublin
    County
    Franklin
    State
    Ohio
    Longitude
    -83.1141
    Latitude
    40.0992

    Nearby Similar for Lease

    • $17/mo

      Dublin Office Space Available

      Prime Dublin office space for sublease or assignment.
      5930 Venture Drive, Dublin, OH 43017
      View Details
    • $18/mo

      Dublin Office Space For Lease

      Well-maintained office space in Dublin's prime commercial corridor.
      5930 Venture Drive, Dublin, OH 43017
      View Details
    • $14/mo

      Modern Office Space in Dublin

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

      Updated Medical Office in Dublin

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

      Dublin

      545 1 Metro Pl, Unit 100, Dublin, OH 43017
      View Details
    • Sponsored
      Contact for pricing

      OH, Dublin - Emerald Pkwy

      6397 Emerald Pkwy, Dublin, OH 43081
      View Details
    • $11/mo

      Dublin Office Space For Rent

      2661 SF office space in Muirfield Square Complex.
      6189 Memorial Dr., Dublin, OH 43017
      View Details
    • $28/mo

      Prime Retail Space in Dublin

      Large retail anchor location in a high-traffic area.
      2736-2860 Festival Ln, Dublin, OH
      View Details
    • $11/mo

      Dublin Office Space For Lease

      Well-appointed office space in Muirfield Square Office Condominium Complex.
      6085 Memorial Drive, Dublin, OH 43017
      View Details
    • $18/mo

      Dublin Office Sublease Opportunity

      Move-in ready office suite with executive parking and building amenities.
      400 Metro Place N, Dublin, OH 43017
      View Details
    • $15/mo

      Dublin Office Space For Lease

      Office suites and entire building available for lease in Dublin.
      5040 Bradenton Ave, Dublin, OH
      View Details
    • $15/mo

      Dublin Office Space For Lease

      Office spaces available for lease in Dublin, Ohio.
      5070 Bradenton Ave, Dublin, OH
      View Details

    FAQs

    What type of property is this?
    Land - Commercial outlot in Columbus near Dublin and Hilliard.
    Where is this land located?
    The property is located at Riggins Rd Dublin, OH.
    What is the lease rate?
    The lease rate is $9,167 /Mo.
    What are key features of this property?
    This property features: Fronts 3 major apartment developments (The Charles, The Kensington, Lawrence Square) totaling nearly 1,000 units.; Located in a high‑growth area with proximity to Dublin and Hilliard.; Zoned CPD, allowing for a wide range of commercial development options.
    (614) 419-4286 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Skip Weiler
    Skip Weiler
    Real Estate License ID: 321199
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!