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Property profile & analytics

1241 Hl N Rd Pickerington, OH 43147-7989

  • Office buildings
  • 2,668 SF
  • 0.55 lot acres
OFF-MARKET
Last Sale
Jul 13, 2021
$525,000
Value Estimations
$460,000
Show details
Cap Rate Potential
7.4%
Office buildings
Location Intelligence
Property ID
US66-1144984
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

  • Kelli Sears / Psychologist
  • Kailey Mcdaniel / Occupational Therapist
  • Olivia Tennison / Speech Pathologist
  • Emily Kautz / Speech Pathologist

Property Details for 1241 Hl N Rd

Year built
1948
Construction
STEEL FRAME
Lot size
0.55 lot acres
Property size
2,668 SF
Property type
Office buildings
APN
041-03863.10
APU
410386310

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $465,000
    ML approach
    $430,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $585,000
    6.5%
    $540,000
    7%
    $500,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $333,000
    Market price range: $128k - $334k
    AI Estimate
    $293,000
    Market price range: $120k - $293k
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $300,000
    AUTO REPAIR, GARAGE
    $295,000
    COMMERCIAL (GENERAL)
    $280,000

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


Location Insight

  • Map
  • Local Demand
City
Pickerington
County
Fairfield
State
Ohio
Longitude
-82.7807
Latitude
39.9138
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
$23,463
$92,240
$104,100
$196,340
-
$263,540
$297,430
$560,970
More about this property
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