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Property profile & analytics
OFF-MARKET
Estimated value
$19,825,000
Office buildings
1 Dave Thomas Blvd Dublin, OH 43017-5452
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-1408729
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1975
Total area
212,490 SF
Lot
31.18 ac (1,358,288 SF)
APN
273-008805
UPID
US66-1408729
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dave Thomas Conference Center Conference Center Trade Show Venue
-
The Wendy's Company Restaurant
-
Wendy’s patrol Security Service
-
Wendy's Innovation Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$20.16M
Blend (final)
Blend
$19.83M
Owner & transaction history
City Of Dublin · 19 yrs held
City Of Dublin
since 2006
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$32.0M
+56.7%
Apartment house (5+ units)
$30.8M
+51.1%
Retail stores
$26.6M
+30.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dublin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dublin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$20,390,000
Current use
MEDICAL BUILDING
$31,960,000
Change: +57% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$30,805,000
Change: +51% · Conversion: Easy
RETAIL STORES
$26,555,000
Change: +30% · Conversion: Moderate
COMMERCIAL (GENERAL)
$21,330,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$19.83M
Range $17.84M – $21.81M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$93 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$809,868
Tax year 2023
Assessed value
$9,056,960
Assessed 2023
Previous assessed
$8,508,500
+6.4% YoY
Effective rate
8.94%
On assessed value
Assessed land
$2,215,470
Assessed improvement
$6,841,490
Land market value
$6,329,900
Improvement market value
$19,547,100
Total market value
$25,877,000
Applied tax rate
273.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1975
Heating
YES
Cooling
CENTRAL
Buildings
3
Stories
3
Total area
212,490 SF
Lot
31.18 ac (1,358,288 SF)
APN
273-008805
UPID
US66-1408729
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$20.4M
MEDICAL BUILDING
Est. value
$32.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$30.8M
RETAIL STORES
Est. value
$26.6M
COMMERCIAL (GENERAL)
Est. value
$21.3M
OFFICE BUILDING Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1975
Heating
YES
Cooling
Yes
Stories
3
Buildings
3
Lot
31.18 ac
Current owner
From public records · entity-resolved
City Of Dublin
Entity
Free & Clear · 19 yrs held
Mailing address
4288 W DUBLIN GRANVILLE RD, DUBLIN, OH 43017-1442
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2006
—
City Of Dublin
Wendys International INC
Grant Deed
—
Feb 29, 2000
—
Dublin City (oh)
Wendys International INC
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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