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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    450 Metro N Pl Dublin, OH 43017-1348

    • Hotels
    • 45,366 SF
    • 2.98 lot acres
    OFF-MARKET
    Value Estimations
    $2,395,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1784023
    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

    • Extended Stay America Select Suites - Columbus - Dublin / Hotel & Motel / Vacation Rental

    Property Details for 450 Metro N Pl

    Year built
    1997
    Construction
    WOOD
    Lot size
    2.98 lot acres
    Property size
    45,366 SF
    Property type
    Hotels
    APN
    273-001309
    APU
    273001309

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Dublin
    County
    Franklin
    State
    Ohio
    Longitude
    -83.1283
    Latitude
    40.0966
    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
    $140,837
    $306,570
    $1,268,440
    $1,575,010
    -
    $875,900
    $3,624,100
    $4,500,000

    Comparable in this City

    • Value Estimation
      $3,535,000
      54,407 SF

      500 Metro N Pl

      HOTEL • 54,407 SF
      500 Metro N Pl, Dublin, OH 43017-5328
      View Details
    • Value Estimation
      $3,245,000
      61,360 SF

      3920 Tuller Rd

      HOTEL • 61,360 SF
      3920 Tuller Rd, Dublin, OH 43017-5020
      View Details
    • Value Estimation
      $4,390,000
      75,599 SF

      6364 Frantz Rd

      HOTEL • 75,599 SF
      6364 Frantz Rd, Dublin, OH 43017-1307
      View Details
    • Value Estimation
      $4,745,000
      87,132 SF

      5000 Uppr Metro Pl

      HOTEL • 87,132 SF
      5000 Uppr Metro Pl, Dublin, OH 43017-3391
      View Details
    • Value Estimation
      $5,075,000
      98,632 SF

      6170 Parkcenter Cir

      HOTEL • 98,632 SF
      6170 Parkcenter Cir, Dublin, OH 43017-3583
      View Details
    • Value Estimation
      $6,545,000
      135,066 SF

      600 Metro N Pl

      HOTEL • 135,066 SF
      600 Metro N Pl, Dublin, OH 43017-5317
      View Details

    Similar Nearby for Sale

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      5,416 SF

      Dublin Office Building For Sale

      Office building in Dublin, Ohio, suitable for owner-user or investment.
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    • $8,950,000
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      Dublin Medical Office Investment

      High-yield medical office, strong tenant.
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      Dublin Retail Property For Sale

      Retail property available for purchase in Dublin, Ohio.
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      Historic Dublin Office Building For Sale

      Meticulously renovated historic building with income-producing carriage house.
      109 S High St, Dublin, OH 43017
      View Details
    • Contact for pricing
      196,709 SF

      Dublin Office Building with Amenities

      Two-story office building with available space and numerous amenities.
      6600 Kilgour Pl, Dublin, OH 43017
      View Details
    • $18,100,000
      190,436 SF

      Dublin Office/Warehouse with Flexible Occupancy

      Free-standing Dublin office/warehouse with flexible occupancy and income options.
      7007 Discovery Blvd, Dublin, OH 43017
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      20,184 SF

      Prime Retail Space in Dublin

      Retail spaces available in a high-traffic Dublin location.
      6262 Sawmill Rd, Dublin, OH 43017
      View Details
    • $10 SF/Yr
      104,087 SF

      Dublin Executive Office Suites

      Modern Office Space, Flexible Sizes Available
      425 Metro Pl, Dublin, OH 43017
      View Details
    • Contact for pricing
      20,355 SF

      Dublin Office Space For Lease

      Office space available near hospitals, Bridge Park, and major routes.
      5747 Perimeter Dr, Dublin, OH 43017
      View Details
    • $11 SF/Yr
      2,661 SF

      Dublin Office Space Available

      Office space featuring 11 offices, break room, and storage.
      6179-6189 Memorial Dr, Dublin, OH 43017
      View Details
    • $70 SF/Yr
      23,962 SF

      AmeriCenter Dublin Office Suites

      Prime Dublin office space, flexible terms.
      5650 Paul Blazer Pkwy, Dublin, OH 43017
      View Details
    • $20 SF/Yr
      60,018 SF

      Prime Dublin Office Space

      Class A Office Suites Available
      5500 Frantz Rd, Dublin, OH 43017
      View Details

    Property Visit Statistics

    • Visits by month
      4.0k
    • Visitors by month
      374
    • Avg Time on site
      479 min
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    450 Metro N Pl
    Dublin, OH 43017-1348
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    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
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