Add Listing
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    4700 Lakehurst Ct Dublin, OH 43016

    • Office properties & Spaces
    • 50,000 SF
    For Lease
    View listing
    $19 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • SAIC Inc / Engineer
    • Tebbe Civil Engineering / General Contractor
    • Konica Minolta Business Solutions / Business Development Service / Computer Consultant
    • Remedi Seniorcare / Pharmacy
    • Prolink / Employment Agency

    Property Details for 4700 Lakehurst Ct

    Year built
    1994
    Property size
    50,000 SF
    Property type
    Office properties & Spaces

    Description

    This exceptional Class A office building, located at 4700 Lakehurst Court in Dublin, Ohio (zip code 43016), offers 50,000 square feet of premium executive office space within Franklin County's Far Northwest submarket (Dublin/Powell). Built in 1994, the two-story building features a striking two-story lobby with granite flooring, wood trim, and an open stairway. Recently renovated common areas boast modern LED lighting and updated HVAC systems, complemented by an open second-floor lobby with attractive glass walls. The beautifully landscaped exterior includes a welcoming outdoor seating area. The building is fully sprinklered and incorporates an energy management system for optimal efficiency. Currently, there are multiple suites available, ranging from 2,000 to 9,718 contiguous square feet, with a minimum divisible space of 8,171 square feet. A total of 17,889 square feet is currently vacant. The building provides ample parking with a ratio of 4 spaces per 1,000 square feet and includes elevators for convenient access to all floors. The average floor plate size is 24,800 square feet. This property presents a unique opportunity for businesses seeking modern, well-maintained office space in a desirable Dublin location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dublin
    County
    Franklin county
    State
    Ohio
    Longitude
    -83.1405
    Latitude
    40.0783

    Comparable in this City

    • Value Estimation by Request
      1,874 SF

      6215 Emerald Pkwy

      CONDOMINIUM OFFICES • 1,874 SF
      6215 Emerald Pkwy, Dublin, OH 43016-3315
      View Details
    • Value Estimation by Request
      1,150 SF

      7239 Sawmill Rd, Unit B

      CONDOMINIUM OFFICES • 1,150 SF
      7239 Sawmill Rd, Dublin, OH 43016-5000
      View Details
    • Value Estimation by Request
      1,154 SF

      7211 Sawmill Rd, Unit A

      CONDOMINIUM OFFICES • 1,154 SF
      7211 Sawmill Rd, Dublin, OH 43016-5008
      View Details
    • Value Estimation by Request
      895 SF

      7219 Inverness Ctb

      CONDOMINIUM OFFICES • 895 SF
      7219 Inverness Ctb, Dublin, OH 43016
      View Details
    • Value Estimation by Request
      439 SF

      7215 Sawmill Rd

      CONDOMINIUM OFFICES • 439 SF
      7215 Sawmill Rd, Dublin, OH 43016-5011
      View Details
    • Value Estimation
      $505,000
      4,350 SF

      6600 Perimeter Dr

      CONDOMINIUM OFFICES • 4,350 SF
      6600 Perimeter Dr, Dublin, OH 43016-8033
      View Details

    Similar Nearby for Sale

    • $1,090,000
      4,080 SF

      Dublin Office Building: Prime Location

      4,080 SF Office, Owner/User Opportunity
      6185 Emerald Pkwy, Dublin, OH 43016
      View Details
    • Contact for pricing
      49,176 SF

      Dublin Medical Office Near Hospital

      Class A medical office building adjacent to OhioHealth Dublin Methodist Hospital.
      6670 Perimeter Dr, Dublin, OH 43016
      View Details
    • Contact for pricing
      78,550 SF

      Dublin Commercial Property: Two Suites

      Suites available in a 78,550 SF Dublin property.
      6175 Shamrock Ct, Dublin, OH 43016
      View Details
    • Contact for pricing
      78,550 SF

      Dublin Commercial Property with Suites

      Commercial property in Dublin, OH, featuring suites suitable for various uses.
      6175 Shamrock Ct, Dublin, OH 43016
      View Details
    • Contact for pricing
      49,176 SF

      Dublin Medical Office Near Hospital

      Class A medical office building adjacent to OhioHealth Dublin Methodist Hospital.
      6670 Perimeter Dr, Dublin, OH 43016
      View Details
    • $999,900
      4,444 SF

      Dublin Medical Office Building

      Prime Dublin location, 4,444 SF medical office.
      6880 Perimeter Dr, Dublin, OH 43016
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      50,000 SF

      Executive Suites in Dublin, OH

      Class A Office Space, Dublin, Ohio
      4700 Lakehurst Ct, Dublin, OH 43016
      View Details
    • $11 SF/Yr
      15,426 SF

      Emerald II Office Suites Available

      Dublin Office Space: 3,462 - 10,164 sq ft
      6397 Emerald Pkwy, Dublin, OH 43016
      View Details
    • Contact for pricing
      32,222 SF

      Dublin Office Space For Rent

      Office space available in Dublin with building signage and parking.
      6000 Parkwood Pl, Dublin, OH 43016
      View Details
    • Contact for pricing
      2,189 SF

      Dublin Office Space Available

      Three-story office building with brick, stone, and glass exterior.
      5400 Frantz Rd, Dublin, OH 43016
      View Details
    • Contact for pricing
      3,480 SF

      Dublin Office Space For Rent

      Office space available for sublease in Dublin, Ohio.
      5900-5995 Wilcox Pl, Dublin, OH 43016
      View Details
    • Contact for pricing
      16,691 SF

      Dublin Office Space Available

      Move-in ready office suites with key card access and parking.
      6500 Emerald Pkwy, Dublin, OH 43016
      View Details
    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.
    4700 Lakehurst Ct
    Dublin, OH 43016
    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!