New search
Property profile & analytics
FOR LEASE
Office buildings
1310 Hill Rd North, Pickerington, OH 43147
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US66-0742877
For Lease
1 / 2
$2,370,000
1310 Hill Rd North, Pickerington, OH 43147
View Listing →
Property summary
AI-generated overview
This single-story, 23,047 square foot Class B medical office building, constructed in 2000, is situated on a 2.31-acre lot in Pickerington, Ohio (APN: 0410586100). The property features 11,415 square feet of immediately available space in a multi-tenant building. Its location on a main thoroughfare in one of Ohio's fastest-growing cities offers excellent visibility and accessibility. The building benefits from ample parking and the opportunity for pylon signage. A significant advantage is its proximity to OhioHealth's Pickerington campus, providing convenient access to 24/7 emergency care, outpatient surgery, rehabilitation and sports medicine, laboratory services, and heart and vascular services. The surrounding area boasts numerous amenities, including restaurants, hotels, health clubs, banks, and shopping centers. This property presents a unique opportunity for medical practices seeking a prominent location with high visibility and convenient access to a major healthcare provider and a variety of supporting businesses. The building is located in the OH - Fairfield County submarket and has a Pickerington, OH 43147 address.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1995
Construction
STEEL FRAME
Total area
23,047 SF
Lot
2.31 ac (100,624 SF)
APN
041-05861.00
UPID
US66-0742877
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dr. Katherine J. Krueck, MD Pediatrician Medical Clinic
-
Dr. Michael Falkenhain Physician Medical Clinic
-
Dr. Joshua Bitter Physician Medical Clinic
-
Dr. Catherine M. Jenkins, MD Pediatrician Medical Clinic
-
Stonecreek Outpatient Lab Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.26M
Blend (final)
Blend
$2.37M
Owner & transaction history
Pickerinton 1 0 LLC · 11 yrs held
Pickerinton 1 0 LLC
since 2015
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.6M
+26.3%
Auto repair, garage
$2.6M
+24.4%
Commercial (general)
$2.4M
+17.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pickerington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pickerington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,065,000
Current use
RETAIL STORES
$2,610,000
Change: +26% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,570,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,420,000
Change: +17% · Conversion: Easy
Blend value · Realmo final
$2.37M
Range $2.13M – $2.61M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$103 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$93,020
Tax year 2023
Assessed value
$778,410
Assessed 2023
Previous assessed
$778,410
+0.0% YoY
Effective rate
11.95%
On assessed value
Assessed land
$234,700
Assessed improvement
$543,710
Land market value
$670,560
Improvement market value
$1,553,450
Total market value
$2,224,010
Applied tax rate
41.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1995
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
23,047 SF
Lot
2.31 ac (100,624 SF)
APN
041-05861.00
UPID
US66-0742877
Jurisdiction
FAIRFIELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.1M
RETAIL STORES
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.4M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
2.31 ac
Current owner
From public records · entity-resolved
Pickerinton 1 0 LLC
Entity
Mailing address
211 CLOVER LN STE #200, LOUISVILLE, KY 40207-2764
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2015
$1,550,000
Pickerinton 1 0 LLC
Ziegler Ohio 9 LLC
Limited Warranty Deed
$2,164,500 · Centier Bank
Sep 25, 2006
$3,735,000
Ziegler-ohio 9 LLC
Smc Ltd
Warranty Deed
—
—
—
Smc Ltd
—
Deed Of Trust
related
$1,400,000 · Us Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
