Property profile

1241 Hl N Rd Pickerington, OH 43147

OFF-MARKET
Office buildings
Property ID
US66-1144984
2,668 SF 0.55 ac lot Built 1948
Individually Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional single-tenant office building, located at 1241 Hill Road N in Pickerington, Ohio, presents a fantastic opportunity. The property boasts a generous 2,640 square feet of well-appointed office space, ideal for a variety of businesses. Situated on a 0.55-acre lot (APN 04-10386-310), the building offers ample parking with 8 spaces available. The interior features a large kitchen, perfect for staff or client gatherings, a cozy room complete with a fireplace, a dedicated media room for presentations or collaborative work, and a welcoming reception deck. Multiple offices provide flexibility for various work styles and team configurations. The building is conveniently located in Pickerington, OH, zip code 43147, with easy access to major roadways. The property is offered at a base rent of $13.00 per square foot, with additional Net, Net, Net (NNN) charges of $3.20 per square foot. This represents a compelling investment opportunity in a thriving Ohio market. The property is a single-suite building, offering a streamlined and efficient operational environment. This turnkey solution provides immediate occupancy and the potential for significant return on investment. Don't miss this chance to acquire a well-maintained and versatile office space in a desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1948
Construction STEEL FRAME
Total area 2,668 SF
Lot 0.55 ac (23,958 SF)
APN 041-03863.10
UPID US66-1144984

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Physician
  • Physician
  • Physician

Location

1241 Hl N Rd Pickerington, OH 43147-7989
Pickerington metro Census 32701 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$465k

Owner & transaction history

since 2021
Last sale
$525,000
2 recorded transactions
2021
$525,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1241 Hl N Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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