Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    55 High St Dublin, OH 43017

    • Investment properties
    • 13,334 SF
    • 0.25 lot acres
    For Lease
    View listing
    $18 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1408737
    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

    • Alice's Studio, branch of Alice Massage Studio - Grand Opening / Massage Therapist / Foot Massage Parlor
    • Mission Insurance Agency / Motorcycle Insurance Agency / Auto Insurance Agency
    • insuredly / Insurance Agency
    • Law Office of Thomas M. McCash / Family Law Attorney
    • Bella Moda / Beauty Salon

    Property Details for 55 High St

    Year built
    1979
    Construction
    WOOD
    Lot size
    0.25 lot acres
    Property size
    13,334 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    273-000093
    APU
    273000093

    Description

    This exceptional two-story commercial building, located at 55 S High St in Dublin, Ohio, offers 13,234 square feet of versatile space. The property, built in 1979 and classified as Class B, features a mix of executive and medical office suites, along with retail space. Two suites are currently available, ranging from 765 to 1,140 square feet. The building sits on a 0.5-acre lot (21,595 square feet) and includes convenient amenities such as free on-site parking and one public elevator. Its central location in Historic Dublin provides easy access to numerous retail and dining establishments, all within walking distance. The property's strategic position also offers convenient access to I-270, ensuring seamless commutes for employees and clients. This multi-tenant building presents a fantastic opportunity for businesses seeking a well-maintained, centrally located office space in the thriving Dublin submarket of Franklin County, Ohio (zip code 43017). The building's combination of office and retail space makes it ideal for a variety of businesses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,359,000
      Market price range: $517k - $2.58M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,340,000
      Current use
      RETAIL STORES
      $1,665,000
      Change: +25% Conversion: Easy
      OFFICE BUILDING
      $1,280,000
      Change: -4% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Dublin
    County
    Franklin
    State
    Ohio
    Longitude
    -83.114
    Latitude
    40.0984
    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
    $34,001
    $75,460
    $304,780
    $380,240
    -
    $215,600
    $870,800
    $1,086,400

    Comparable in this City

    • Value Estimation
      $11,425,000
      111,376 SF

      Longshore St

      OFFICE/RESIDENTIAL (MIXED USE) • 111,376 SF
      Longshore St, Dublin, OH 43017
      View Details
    • Value Estimation
      $565,000
      5,230 SF

      48-52 High St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,230 SF
      48-52 High St, Dublin, OH 43017
      View Details
    • Value Estimation
      $660,000
      6,046 SF

      90 High St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,046 SF
      90 High St, Dublin, OH 43017-1171
      View Details
    • Value Estimation by Request
      0.25 Acres

      55 High St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.25 Acres
      55 High St, Dublin, OH 43017-2118
      View Details
    • Value Estimation by Request
      2,112 SF

      24 High St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,112 SF
      24 High St, Dublin, OH 43017-2188
      View Details
    • Value Estimation by Request
      2,826 SF

      8372 Muirfield Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 2,826 SF
      8372 Muirfield Dr, Dublin, OH 43017-9763
      View Details

    Similar Nearby for Sale

    • $19,995,780
      190,436 SF

      Dublin Office/Warehouse Complex

      190,436 SF Office/Industrial Space
      7007 Discovery Blvd, Dublin, OH 43017
      View Details
    • $350,000
      0.85 Acres

      Oakland Coworking Space For Lease

      4,800 SF Open Plan Workspace in Downtown Oakland
      0 Karric Square Dr, Dublin, OH 43017
      View Details
    • $760,000
      12,000 SF

      Dublin Medical Office Building

      12,000 SF Medical Office - $760,000
      5100 Bradenton Ave, Dublin, OH 43017
      View Details
    • $18,100,000
      190,436 SF

      Dublin Office/Warehouse Space Available

      Creative office/warehouse in Dublin with green space and convenient location.
      7007 Discovery Blvd, Dublin, OH 43017
      View Details
    • $5,500,000
      26,544 SF

      Columbus Office Building For Sale

      Office building for sale in a high-traffic Columbus corridor.
      3800 Dublin Granville Rd, Dublin, OH 43017
      View Details
    • $1,500,000
      5,000 SF

      Medical Office Building For Sale

      Medical office building in Dublin, Ohio, with established tenants.
      6251 Perimeter Dr, Dublin, OH 43017
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      13,234 SF

      Dublin Office Building - High St

      Prime Dublin Office Space, Two Suites Available
      55 High St, Dublin, OH 43017
      View Details
    • $10 SF/Yr
      25,255 SF

      Dublin Executive Office Suites

      Prime Dublin location, flexible office space.
      6025-6099 Frantz Rd, 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
    • $11 SF/Yr
      96,876 SF

      Dublin Executive Office Space

      Prestigious Dublin office suites available.
      485 Metro Pl, Dublin, OH 43017
      View Details
    • Contact for pricing
      8,700 SF

      Dublin Office Space for Lease

      Prime Dublin location, flexible office suites.
      5626 Frantz Rd, 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
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    55 High St
    Dublin, OH 43017
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.