Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5182 Paul G Blazer Dublin, OH 43017
    Back to Search
    Property profile & analytics

    5182 Paul G Blazer Dublin, OH 43017

    View on Map
    • Office properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 5182 Paul G Blazer

    Property type
    Office properties & Spaces
    Property subtype
    Land

    Description

    This 1,500 square foot office condo in Dublin, Ohio, is available for lease starting September 2024. Situated at 5182 Paul G Blazer, near Blazer Parkway (APN 273-002495), this single-tenant property offers a serene, park-like environment with easy access to Bridge Park, Historic Dublin, and major highways. The space features an updated waiting area, a reception desk in the administrative office, three private offices, and two bathrooms (one ADA compliant). A spacious conference room boasts ample built-in storage. Recent improvements include a new roof, updated landscaping, renovated parking areas, fresh paint, and new flooring throughout. The 0.04-acre lot provides convenient access for clients and employees. This property is ideally suited for a 3- to 5-year lease and is located within a mile of high-density residential areas, diverse restaurants, and thriving commercial centers. Utilities included in the lease rate are trash, recycling, water, and sewer. This is an excellent opportunity for a business seeking a well-maintained, conveniently located office space in a desirable Dublin neighborhood.

    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
    State
    Ohio
    Longitude
    -83.1079
    Latitude
    40.1087

    Comparable in this City

    • Value Estimation by Request
      0.85 Acres

      Karric Square Dr

      Land • 0.85 Acres
      0 Karric Square Dr, Dublin, OH 43017
      View Details
    • Value Estimation by Request

      Granville Rd

      Land
      0 Granville Rd, Columbus, OH 43017-5016
      View Details
    • Value Estimation by Request

      5000 Upper Metro Pl

      Land
      5000 Upper Metro Pl, Dublin, OH 43017
      View Details
    • Value Estimation by Request
      3.10 Acres

      4199 Granville Rd

      Land • 3.10 Acres
      4199 Granville Rd, Dublin, OH 43017
      View Details
    • Value Estimation by Request
      5.78 Acres

      200 Cramer Creek Ct

      Land • 5.78 Acres
      200 Cramer Creek Ct, Dublin, OH 43017
      View Details
    • Value Estimation by Request
      6.24 Acres

      48 Monterey Dr

      Land • 6.24 Acres
      48 Monterey Dr, Dublin, OH 43017
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Available For Sale

      Land available for sale in Dublin, Ohio.
      Karric Square Dr, Dublin, OH 43017
      View Details
    • Contact for pricing

      Land For Sale Dublin, OH

      Land available for sale in Dublin, Ohio.
      Hayden Run Rd, Dublin, OH 43017
      View Details
    • $495,000

      Dublin Commercial Land - 0.53 Acres

      Prime Dublin land, near Bridge Park
      5000 Upper Metro Pl, Dublin, OH 43017
      View Details
    • Contact for pricing

      Historic Dublin Office Building For Sale

      Meticulously renovated historic building with income-producing carriage house.
      109 S High St, Dublin, OH 43017
      View Details
    • Contact for pricing

      Dublin Office Space Available

      Office space in a two-story brick building with amenities.
      5990 Venture Dr, Dublin, OH 43017
      View Details
    • Contact for pricing
      5,509 SF

      Dublin Office Building For Sale

      Office building in Dublin, Ohio, suitable for owner-user or investment.
      5980 Venture Dr, Dublin, OH 43017
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space in Dublin, Ohio

      Located near I-270 and Tuttle Mall in Dublin, Ohio.
      5515 Parkcenter Cir, Dublin, OH 43017
      View Details
    • Contact for pricing

      Medical Office Space Available Now

      2,360 SF medical office space for lease in Dublin, OH.
      5155 Bradenton Ave, Dublin, OH 43017
      View Details
    • Contact for pricing

      Bridge Park Prime Office Space

      Office space in Bridge Park with views of North Market.
      6745 Longshore St, Dublin, OH 43017
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Retail and office spaces for rent near Bridge Park development.
      4305-4335 W Granville Rd, Dublin, OH 43017
      View Details
    • Contact for pricing

      Dublin Office Building For Rent

      Three-story office building in Dublin, Ohio, built in 1998.
      5200 Upper Metro Pl, Dublin, OH 43017
      View Details
    • $17 SF/Yr
      2,577 SF

      Dublin Office Space Available

      Office space available for rent in Dublin, Ohio.
      5850 Venture Dr, Dublin, OH 43017
      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.
    5182 Paul G Blazer
    Dublin, OH 43017
    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

    Thank You for Inquiry
    5182 Paul G Blazer, Dublin, OH, 43017
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!