Sign Up Successful!
You now have access to more from Realmo!
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

    1030 Stonecreek S Dr Pickerington, OH 43147

    • Medical offices
    • 48,304 SF
    • 3.07 lot acres
    OFF-MARKET
    Value Estimations
    $4,885,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-5201720
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 1030 Stonecreek S Dr

    Year built
    2014
    Lot size
    3.07 lot acres
    Property size
    48,304 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    041-71188.10
    APU
    417118810

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,177,000
      Market price range: $1.12M - $5.18M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,550,000
      Current use
      COMMERCIAL (GENERAL)
      $6,355,000
      Change: +79% Conversion: Easy
      AUTO REPAIR, GARAGE
      $4,535,000
      Change: +28% Conversion: Difficult
      OFFICE BUILDING
      $3,930,000
      Change: +11% Conversion: Easy
      RETAIL STORES
      $3,865,000
      Change: +9% Conversion: Difficult
      RESTAURANT
      $3,385,000
      Change: -5% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $3,205,000
      Change: -10% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pickerington
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.7833
    Latitude
    39.9141
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $5,336,630
    $5,336,630
    -
    $0.00
    $15,247,520
    $15,247,520

    Comparable in this City

    • Value Estimation
      $1,425,000
      6,304 SF

      141 Clint Dr

      MEDICAL BUILDING • 6,304 SF
      141 Clint Dr, Pickerington, OH 43147-7750
      View Details
    • Value Estimation by Request
      12,650 SF

      905 Old Diley Rd

      MEDICAL BUILDING • 12,650 SF
      905 Old Diley Rd, Pickerington, OH 43147-2113
      View Details
    • Value Estimation
      $750,000
      7,277 SF

      151 Clint Dr

      MEDICAL BUILDING • 7,277 SF
      151 Clint Dr, Pickerington, OH 43147-7749
      View Details
    • Value Estimation
      $1,510,000
      13,982 SF

      641 Hl N Rd

      MEDICAL BUILDING • 13,982 SF
      641 Hl N Rd, Pickerington, OH 43147-9346
      View Details
    • Value Estimation by Request
      3,116 SF

      699 Hl N Rd

      MEDICAL BUILDING • 3,116 SF
      699 Hl N Rd, Pickerington, OH 43147-8882
      View Details
    • Value Estimation
      $545,000
      4,690 SF

      1540 Cross Creeks Blvd

      MEDICAL BUILDING • 4,690 SF
      1540 Cross Creeks Blvd, Pickerington, OH 43147-8236
      View Details

    Similar Nearby for Sale

    • $8,304,000

      Pickerington Medical Office Building For Sale

      Medical office building with long-term passive lease structure for sale.
      1101 Hill Rd N, Pickerington, OH 43147
      View Details
    • Contact for pricing
      2,080 SF

      Downtown Pickerington Office/Retail Space

      Two-story office/retail space in the heart of Downtown Pickerington.
      21 W Columbus St, Pickerington, OH 43147
      View Details
    • $230,000

      Pickerington Commercial Land - $230K

      1.4-acre lot, C-3 zoning, buildable pad.
      0 Windmiller Dr, Pickerington, OH 43147
      View Details
    • Contact for pricing
      2,080 SF

      Downtown Pickerington Office/Retail Space

      Two-story office/retail space in Downtown Pickerington with classic finishes.
      21 W Columbus St, Pickerington, OH 43147
      View Details
    • $949,000

      Pickerington Commercial Land Opportunity

      Prime 40,075 sq ft commercial lot for sale.
      8260 Refugee Rd, Pickerington, OH 43147
      View Details
    • $295,000
      1,638 SF

      Restored Office Building in Pickerington

      Restored 1,638 SF office building in historic Pickerington.
      60 Hill Rd S, Pickerington, OH 43147
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo
      3,510 SF

      Pickerington Office/Medical Building For Lease

      Two-story building for lease in a busy, developing area.
      9 Hill Rd N, Pickerington, OH 43147
      View Details
    • Contact for pricing
      1,652 SF

      Move-in Ready Medical Office Space

      Medical office space available for lease in Pickerington, OH.
      151 Clint Dr, Pickerington, OH 43147
      View Details
    • $15 SF/Yr
      13,982 SF

      Pickerington Medical/Office Space For Lease

      1,500 SF medical/office space in a high-visibility Pickerington corridor.
      641 N Hill Rd, Pickerington, OH 43147
      View Details
    • Contact for pricing

      Prime Location Near OhioHealth Campus

      Located near OhioHealth, ample parking, and pylon signage available.
      Pickerington, OH 43147
      View Details
    • $14 SF/Yr
      5,026 SF

      Turn Key Urgent Care Space

      5,026 SF 2nd Generation Urgent Care Space Available
      1797 Hill Rd N, Pickerington, OH 43147
      View Details
    • $750 /Mo
      16,337 SF

      Furnished Office Space Available

      Furnished 132 SF office space with shared amenities for rent.
      10400 Blacklick Eastern Rd, Pickerington, OH 43147
      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.
    1030 Stonecreek S Dr
    Pickerington, OH 43147
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.