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Property profile & analytics
OFF-MARKET
Estimated value
$2,495,000
Medical Office Space
1025 Refugee Rd, Pickerington, OH 43147-9861
Entity Owned
11-yr Hold
Free & Clear
Property ID
US66-1861077
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2018
Total area
26,424 SF
Lot
2.56 ac (111,514 SF)
APN
041-05634.00
UPID
US66-1861077
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
-
Ohio Gastroenterology Group Inc. Medical Group
-
Edith Chang Pediatrician Physician
-
Dr. Leena Tarigopula Physician
-
Dr. John Scherer Physician
-
Dr. Scott Arlin Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.16M
Blend (final)
Blend
$2.50M
Owner & transaction history
Oggi Properties III LLC · 11 yrs held
Oggi Properties III LLC
since 2015
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.5M
+79.0%
Auto repair, garage
$2.5M
+27.8%
Office building
$2.2M
+10.8%
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 Pickerington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pickerington 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
MEDICAL BUILDING
$1,940,000
Current use
COMMERCIAL (GENERAL)
$3,475,000
Change: +79% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,480,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$2,150,000
Change: +11% · Conversion: Easy
RETAIL STORES
$2,115,000
Change: +9% · Conversion: Difficult
RESTAURANT
$1,855,000
Change: -5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,750,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$2.50M
Range $2.25M – $2.74M · ±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
$94 / 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
Assessed value
$1,141,110
Assessed 2023
Previous assessed
$1,402,520
-18.6% YoY
Assessed improvement
$1,141,110
Improvement market value
$3,260,310
Total market value
$3,260,310
Applied tax rate
41.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2018
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
26,424 SF
Lot
2.56 ac (111,514 SF)
APN
041-05634.00
UPID
US66-1861077
Jurisdiction
FAIRFIELD
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
MEDICAL BUILDING Current
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.2M
RETAIL STORES
Est. value
$2.1M
RESTAURANT
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
2018
Heating
YES
Cooling
Yes
Stories
2
Lot
2.56 ac
Current owner
From public records · entity-resolved
Oggi Properties III LLC
Entity
Free & Clear · 11 yrs held
Mailing address
3400 OLENTANGY RIV RD, COLUMBUS, OH 43202-1523
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2021
—
Oggi Properties III LLC
—
Deed
related
$6,656,877 · First Merchants Bank
Nov 26, 2019
—
Oggi Properties III LLC
—
Grant Deed
related
$6,123,839 · First Merchants Bk
Nov 28, 2017
—
Oggi Properties III LLC
—
Loan Modification
related
$5,218,181 · First Merchants Bk
Aug 29, 2017
—
Oggi Properties III LLC
—
Grant Deed
related
$4,674,136 · First Merchants Bk
Feb 10, 2015
$614,400
Oggi Properties III LLC
Bgm Dev Corp
Warranty Deed
—
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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