1310 Hill RdPickerington, OH 43147

  • Office buildings
  • 23,047 SF
For Lease
$14/SF/YR View listing

Property Details for 1310 Hill Rd

Year built
1995
Construction
STEEL FRAME
Lot size
2.31 AC
Property size (Sq ft)
23,047 SF
Property type
Office buildings
APN
041-05861.00
APU
410586100

Description

This single-story, 23,047 square foot Class B medical office building, constructed in 2000, is situated on a 2.31-acre lot in Pickerington, Ohio (APN: 0410586100). The property features 11,415 square feet of immediately available space in a multi-tenant building. Its location on a main thoroughfare in one of Ohio's fastest-growing cities offers excellent visibility and accessibility. The building benefits from ample parking and the opportunity for pylon signage. A significant advantage is its proximity to OhioHealth's Pickerington campus, providing convenient access to 24/7 emergency care, outpatient surgery, rehabilitation and sports medicine, laboratory services, and heart and vascular services. The surrounding area boasts numerous amenities, including restaurants, hotels, health clubs, banks, and shopping centers. This property presents a unique opportunity for medical practices seeking a prominent location with high visibility and convenient access to a major healthcare provider and a variety of supporting businesses. The building is located in the OH - Fairfield County submarket and has a Pickerington, OH 43147 address.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,011,775
    6.5%
    $3,703,177
    7%
    $3,438,664
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,155,816
    Geo Method
    $2,155,816
  • Alternative Use

    Use
    Valuation
    Residential
    $4,591,939
    Hospitality
    $4,206,192
    Educational
    $3,499,502
    Medical
    $3,619,855
    Retail
    $5,443,670

Location Insight

City
Pickerington
County
Fairfield
State
Ohio
Latitude
39.9175
Longitude
-82.7794
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
$93,020
$234,700
$543,710
$778,410
-
$670,560
$1,553,450
$2,224,010

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