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    Property profile & analytics
    OFF-MARKET Estimated value $1,335,000
    Office buildings

    1450 Tussing Rd, Pickerington, OH 43147-9499

    11,574 SF 2.25 ac lot Built 1996
    Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US66-1614035
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a three-story, 11,574 square foot Class B office building located at 1450 Tussing Rd, Pickerington, Ohio 43147. The property sits on a 2.25-acre lot and was constructed in 1996. Currently operating under a single-tenant, Net Lease (NNN) agreement, this property offers a secure, passive income stream with a 7.00% cap rate. The building is 100% occupied, providing immediate cash flow. The lease extends to 2027, offering long-term stability for investors. This is a true triple-net lease, meaning the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance. The property is classified as both Traditional Office and Executive Office space, catering to a diverse range of potential tenants. The asking price for this turnkey investment is $2,600,000. This represents a compelling opportunity for investors seeking a stable, high-return investment in a desirable location within Fairfield County. The property's strong occupancy rate and long-term lease make it an attractive addition to any portfolio.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1996
    Construction STEEL FRAME
    Total area 11,574 SF
    Lot 2.25 ac (98,010 SF)
    APN 041-04675.50
    UPID US66-1614035
    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
    • Wendy Esker, Central Ohio Realtor®, Howard Hanna Real Estate Services Real Estate Agency
    • Jennifer Williams, Central Ohio Realtor®, Howard Hanna Real Estate Services Real Estate Agency
    • Superior Auction Group Trade Show Venue (Bike/Boat/Book/etc) Store
    • Timothy Zachrich & The Shaffer Team, Howard Hanna Real Estate Services Real Estate Agency
    • Real Living Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.40M
    Blend (final) Blend
    $1.34M
    Owner & transaction history
    Armchair Investments LLC · 11 yrs held
    Armchair Investments LLC
    since 2014
    2 recorded transactions
    2014
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $1.3M +26.3%
    Auto repair, garage $1.3M +24.4%
    Commercial (general) $1.2M +17.2%
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