Property profile

5053 Tuttle Crossing Blvd Dublin, OH 43016

FOR SALE
Retail properties & Spaces
Property ID
US66-1386296
149,310 SF 9.22 ac lot Built 1996
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional property, located at 5053 Tuttle Crossing Blvd in Dublin, Ohio, presents a unique investment opportunity. The former Sears building offers a substantial 149,310 square feet of vacant space, ideal for a variety of commercial or industrial uses. The flexible layout allows for customization to suit diverse business needs, whether retail, office, or a mixed-use development. The expansive 9.2-acre lot provides ample room for expansion, parking, or outdoor amenities. Situated in the thriving city of Dublin, Ohio, this property benefits from excellent visibility and accessibility, with convenient access to major transportation routes. The single-tenant occupancy provides a blank canvas for a new business to establish a significant presence. The property's size and location make it an attractive prospect for businesses seeking a large footprint in a desirable market. The building's existing infrastructure offers a solid foundation for redevelopment or repurposing. This is a rare chance to acquire a substantial property in a prime location with significant potential for growth and return on investment. The property is zoned for commercial, industrial, mixed-use, and multifamily uses, offering flexibility for a wide range of development options. The zip code is 43016. This property is available for lease.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1996
Total area 149,310 SF
Lot 9.22 ac (401,536 SF)
APN 010-233225
UPID US66-1386296

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
  • Home Appliance Store
  • Dental Office
  • Physician
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

5053 Tuttle Crossing Blvd Dublin, OH 43016
Dublin metro Census 6237 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.84M

Owner & transaction history

since 2019
7 recorded transactions
2022
Price N/A
2021
Price N/A
2019
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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