Financial
Distress signals
Property profile

1667 Gateway Cir Grove City, OH 43123

FOR LEASE
Office buildings
Property ID
US66-2398423
19,117 SF 1.55 ac lot Built 1999
Last sale Dec 2018 · $1,850,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Flex R&D spaces are located at 1667 Gateway Cir, Grove City, OH 43123. The property includes multiple suites, including Suite 1675 at 1,155 square feet and Suite 1679 at 5,054 square feet, for a total available area of 6,209 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$50k
Tax billed · 2023
Assessed value$665k
Assessed land$118k
Assessed improvement$547k
Effective rate7.51%

Value estimate

· Sep 2026
$2.15M
$1.94M – $2.37M
AI approach$2.34M
Submarket $/SF estimate$2.45M
NOI build-up
Gross scheduled income$32k
Vacancy & credit loss−$3k
Operating expenses−$10k
NOI · 173,890.91% cap applied$19k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$150/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$88 – $202
Qualifying comparables3

Cap rate analysis

How does the asset earn?
173,890.91%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.8
Wholesale Shop11.3
Garden Center10.5

Location

1667 Gateway Cir Grove City, OH 43123
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3656 Broadway, Grove City, OH 43123-2203 $715,000 Sep 2024 4,160 SF
3009-3011 Columbus, Grove City, OH 43123 $1,065,000 Oct 2023 7,132 SF
3338 Columbus, Grove City, OH 43123-2624 $487,200 Aug 2022 4,050 SF
3330 Park, Grove City, OH 43123-2654 $800,000 Aug 2021 6,684 SF
3880 Jackpot, Grove City, OH 43123-7500 $2,600,000 Jul 2021 19,800 SF
3474-3476 Park, Grove City, OH 43123 $86,392 Jan 2021 14,054 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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