Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    5625 N High St Worthington, OH 43085
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5625 N High St Worthington, OH 43085

    View on Map
    • Office buildings
    • 8,400 SF
    • 0.31 lot acres
    For Sale
    $1,500,000
    View Listing →
    Worthington Mixed Use Building For Sale
    $1,500,000
    8,400 SF

    Worthington Mixed Use Building

    8,400 SqFt mixed-use building in Worthington for sale.

    5625 N High St, Worthington, OH 43085
    View Listing
    Property ID
    US66-6202208
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 5625 N High St

    Year built
    1959
    Construction
    WOOD
    Lot size
    0.31 lot acres
    Property size
    8,400 SF
    Property type
    Office buildings
    APN
    100-003169
    APU
    100003169

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Worthington
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0192
    Latitude
    40.0771
    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
    $17,349
    $69,690
    $117,640
    $187,330
    -
    $199,100
    $336,100
    $535,200

    Comparable in this City

    • Value Estimation by Request
      2,851 SF

      879 High St

      OFFICE BUILDING • 2,851 SF
      879 High St, Columbus, OH 43085
      View Details
    • Value Estimation by Request
      4,185 SF

      5878 High St

      OFFICE BUILDING • 4,185 SF
      5878 High St, Worthington, OH 43085-3947
      View Details
    • Value Estimation by Request
      2,461 SF

      5921 High St

      OFFICE BUILDING • 2,461 SF
      5921 High St, Worthington, OH 43085-3957
      View Details
    • Value Estimation by Request
      2,422 SF

      5882-5884 High St, Unit 5884

      OFFICE BUILDING • 2,422 SF
      5882-5884 High St, Worthington, OH 43085-3951
      View Details
    • Value Estimation by Request
      2,297 SF

      439 Wilson Brg Rd

      OFFICE BUILDING • 2,297 SF
      439 Wilson Brg Rd, Worthington, OH 43085-2320
      View Details
    • Value Estimation
      $1,090,000
      6,048 SF

      57 Wilson Brg Rd

      OFFICE BUILDING • 6,048 SF
      57 Wilson Brg Rd, Worthington, OH 43085-2368
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,939 SF

      Worthington Office Building For Sale

      Three-story office building with suite available and monument signage coming soon.
      5760 N High St, Worthington, OH 43085
      View Details
    • Contact for pricing

      Worthington Two-Story Brick Office Building

      21,046 SF office building with signage and ample parking.
      870 High St, Worthington, OH 43085
      View Details
    • Contact for pricing
      4,662 SF

      Worthington Office Building For Sale

      Stylish brick office building with long-term tenants and income potential.
      6660 N High St, Worthington, OH 43085
      View Details
    • Contact for pricing
      50,418 SF

      Flex Office Warehouse in Worthington

      Partially leased flex office warehouse property with docks and drive-in doors.
      600 Lakeview Plaza Blvd, Worthington, OH 43085
      View Details
    • Contact for pricing
      2,261 SF

      Columbus Office Space For Sale

      Office space available for purchase in Columbus, Ohio.
      71 E Wilson Bridge Rd, Columbus, OH 43085
      View Details
    • Contact for pricing
      8,400 SF

      Worthington Mixed Use Building

      8,400 SqFt mixed-use building in Worthington for sale.
      5625 N High St, Worthington, OH 43085
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      75,000 SF

      75,000 SF Worthington Office Building

      Three-story office building with secured parking in Worthington, Ohio.
      High St, Worthington, OH 43085
      View Details
    • Contact for pricing

      Stylish Worthington Office Building For Rent

      Well-maintained office building with long-term tenants and income potential.
      6660 N High St, Worthington, OH 43085
      View Details
    • $1,495,000
      18,648 SF

      Worthington Office Building For Lease

      Stylish brick office building in excellent condition with long-term tenants.
      6660 N High St, Worthington, OH 43085
      View Details
    • Contact for pricing

      Professionally Managed Office Building

      Multi-tenant office building with excellent visibility and renovated common areas.
      100 West Old Wilson Bridge Rd, Columbus, OH 43085
      View Details
    • Contact for pricing

      Worthington Office Space Available

      Office suite for rent in Worthington, close to amenities.
      6877 N High St, Worthington, OH 43085
      View Details
    • Contact for pricing

      Office/Warehouse Space in Lakeview Tech

      Office and warehouse spaces with convenient highway access and amenities.
      600 Lakeview Plaza Blvd, Worthington, OH 43085
      View Details
    View Listing
    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.
    5625 N High St
    Worthington, OH 43085
    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.
    Sign Up Successful!
    You now have access to more from Realmo!