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    Property profile & analytics

    6250 Shier Rings Rd Dublin, OH 43016-1270

    • Manufacturing properties
    • 5,300 SF
    • 16.68 lot acres
    OFF-MARKET
    Value Estimations
    $630,000
    Show details
    Cap Rate Potential
    9.5%
    Manufacturing properties
    Location Intelligence
    Property ID
    US66-2519304
    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

    • Smiths Medical / Production Facility / Factory

    Property Details for 6250 Shier Rings Rd

    Year built
    1971
    Lot size
    16.68 lot acres
    Property size
    5,300 SF
    Zone code
    6250
    Property type
    Manufacturing properties
    APN
    273-005584
    APU
    273005584

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $650,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $704,000
      Market price range: $212k - $705k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $425,000
      Current use
      AUTO REPAIR, GARAGE
      $875,000
      Change: +105% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $870,000
      Change: +104% Conversion: Difficult
      MEDICAL BUILDING
      $795,000
      Change: +87% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $770,000
      Change: +80% Conversion: Difficult
      RETAIL STORES
      $660,000
      Change: +55% Conversion: Moderate
      OFFICE BUILDING
      $550,000
      Change: +30% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Dublin
    County
    Franklin
    State
    Ohio
    Longitude
    -83.1552
    Latitude
    40.0971
    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
    $268,574
    $1,100,400
    $1,903,130
    $3,003,530
    -
    $3,144,000
    $5,437,500
    $8,581,500

    Comparable in this City

    • Value Estimation
      $5,270,000
      50,000 SF

      6399 Shier Rings Rd

      MANUFACTURING (LIGHT) • 50,000 SF
      6399 Shier Rings Rd, Dublin, OH 43016-3213
      View Details
    • Value Estimation
      $1,555,000
      47,818 SF

      7000 Cols Marysville Rd

      MANUFACTURING (LIGHT) • 47,818 SF
      7000 Cols Marysville Rd, Dublin, OH 43016
      View Details
    • Value Estimation
      $4,925,000
      62,896 SF

      5761 Shier Rings Rd

      MANUFACTURING (LIGHT) • 62,896 SF
      5761 Shier Rings Rd, Dublin, OH 43016-1233
      View Details
    • Value Estimation by Request
      11,920 SF

      7685 Fishel S Dr

      MANUFACTURING (LIGHT) • 11,920 SF
      7685 Fishel S Dr, Dublin, OH 43016-8748
      View Details
    • Value Estimation
      $2,775,000
      7,500 SF

      6728 Liggett Rd

      ASSEMBLY (LIGHT INDUSTRIAL) • 7,500 SF
      6728 Liggett Rd, Dublin, OH 43016-8306
      View Details
    • Value Estimation
      $1,325,000
      19,476 SF

      6141 Avery Rd

      MANUFACTURING (LIGHT) • 19,476 SF
      6141 Avery Rd, Dublin, OH 43016-8761
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Corner Lot on Sawmill Road

      0.676 acre corner lot, ideal for office or medical.
      3838 Summitview Rd, Dublin, OH 43016
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    • $1,499,998

      Prime Land Near Interstate 270

      2.766-acre commercial lot near I-270 in Dublin, Ohio.
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      Commercial Land on Tuttle Crossing

      Commercial land with frontage on Tuttle Crossing Blvd.
      5630 Tuttle Crossing Blvd, Dublin, OH 43016
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    • Contact for pricing
      1.55 Acres

      Dublin Commercial Land - 1.5 Acres

      Prime Dublin corner lot, high visibility.
      3838 Summitview Rd, Dublin, OH 43016
      View Details
    • $7,000,000
      9.20 Acres

      Dublin Retail Land - Redevelopment Opportunity

      9.2 Acres, 149,310 SF, $7M
      5053 Tuttle Crossing Blvd, Dublin, OH 43016
      View Details
    • Contact for pricing
      4,080 SF

      6185 Emerald Pkwy, Dublin, OH 43016

      Residential income properties • 4,080 SF
      6185 Emerald Pkwy, Dublin, OH 43016
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr

      Dublin Flex Space For Lease

      20,183 SF flex space in desirable Dublin, Ohio.
      6141 Avery Rd, Dublin, OH 43016
      View Details
    • $18 SF/Yr
      2,500 SF

      Medical Office Space Available

      2,500 SF former medical space for lease.
      7287 Sawmill Rd, Dublin, OH 43016
      View Details
    • Contact for pricing
      3,480 SF

      Dublin Office Space For Rent

      Office space available for sublease in Dublin, Ohio.
      5900-5995 Wilcox Pl, Dublin, OH 43016
      View Details
    • Contact for pricing
      3,571 SF

      Dublin Office Space Available

      Move-in ready office suites with key card access and parking.
      6500 Emerald Pkwy, Dublin, OH 43016
      View Details
    • Contact for pricing
      5,062 SF

      Dublin Office Building Near Tuttle

      High-quality office building in a high-profile Dublin location.
      6397 Emerald Pkwy, Dublin, OH 43016
      View Details
    • Contact for pricing

      Land For Sale Dublin, OH

      Land available for sale in Dublin, Ohio.
      Frantz Rd, Dublin, OH 43016
      View Details
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    6250 Shier Rings Rd
    Dublin, OH 43016-1270
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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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