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Property profile & analytics
OFF-MARKET
Estimated value
$67,000,000
Grocery and convenience stores
1177 Polaris Pkwy Columbus, OH 43240-6000
Entity Owned
Free & Clear
Property ID
US66-2261479
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1998
Total area
70,001 SF
Lot
61.59 ac (2,683,035 SF)
APN
318-434-01-021-007
UPID
US66-2261479
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
-
Primo Water Refill Big Box & Wholesale Store
-
Kroger Floral (Bike/Boat/Book/etc) Store Florist
-
Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
-
SNOWFOX Sushi Take-out & Catering
-
Kroger Fuel Center Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$67.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$67.00M
Owner & transaction history
Homegoods LLC
Homegoods LLC
since 2026
Last sale
$67.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus 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
$67,000,000
ML approach
$67,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$67.00M
Range $60.30M – $73.70M · ±10% · vs last sale $67.00M (Jun 20 2024)
Last sale anchor
$67.00M
Jun 20 2024
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
$957 / 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
$1,819,836
Tax year 2023
Assessed value
$26,813,190
Assessed 2023
Previous assessed
$26,813,190
+0.0% YoY
Effective rate
6.79%
On assessed value
Assessed land
$8,278,380
Assessed improvement
$18,534,810
Land market value
$23,652,500
Improvement market value
$52,956,600
Total market value
$76,609,100
Applied tax rate
45.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1998
Heating
YES
Cooling
YES
Buildings
14
Stories
1
Rooms
7
Bathrooms
1
Total area
70,001 SF
Lot
61.59 ac (2,683,035 SF)
APN
318-434-01-021-007
UPID
US66-2261479
Jurisdiction
DELAWARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Heating
YES
Cooling
Yes
Stories
1
Buildings
14
Rooms
7
Bathrooms
1
Lot
61.59 ac
Current owner
From public records · entity-resolved
Homegoods LLC
Entity
Free & Clear · 0 yrs held
Mailing address
814 ENTERPRISE PKWY STE #300, BEACHWOOD, OH 44122
Ownership since
2026
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
Jan 23, 2026
—
Homegoods LLC
Polaris Towne Center Sc LLC
Deed
—
Dec 20, 2024
—
Polaris Towne Center Sc LLC
—
Deed
related
—
Jun 20, 2024
$67,000,000
Polaris Towne Center Sc LLC
Ddr Ptc LLC
Limited Warranty Deed
—
May 14, 2024
—
Cl Shops On Polaris I Oh LLC
Ddr Ptc LLC
Limited Warranty Deed
—
May 12, 2010
—
Ptc Columbus LLC
Polaris Center LLC
Grant Deed
$46,000 · Bank Of America
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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