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Property profile & analytics
FOR SALE
Commercial land
1280 Stringtown Rd, Grove City, OH 43123
Individually Owned
3-yr Hold
Free & Clear
Property ID
US66-2659807
For Sale
Contact for pricing
1280 Stringtown Rd, Grove City, OH 43123
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1954
Total area
800 SF
Lot
1.38 ac (60,156 SF)
APN
040-014325
UPID
US66-2659807
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
-
PetSuites Grove City Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Janet Longacre · 3 yrs held
Janet Longacre
since 2023
6 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 Grove City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grove City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$15,204
Tax year 2023
Assessed value
$202,410
Assessed 2023
Previous assessed
$202,410
+0.0% YoY
Effective rate
7.51%
On assessed value
Assessed land
$202,410
Land market value
$578,300
Total market value
$578,300
Applied tax rate
40.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1954
Heating
YES
Stories
1
Rooms
5
Bathrooms
1
Total area
800 SF
Lot
1.38 ac (60,156 SF)
APN
040-014325
UPID
US66-2659807
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
Building & site characteristics
From public records
Year built
1954
Heating
YES
Stories
1
Rooms
5
Bathrooms
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Janet Longacre
Individual
Free & Clear · 3 yrs held
Mailing address
3000 HENKLE DRG, LEBANON, OH 45036-9258
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2023
—
Ps Grove City LLC
—
Deed
related
$3,220,000 · Premier Bank
Jan 18, 2023
—
Janet Longacre
Ps Grove City LLC
Limited Warranty Deed
—
Oct 31, 2022
$622,000
Ps Grove City LLC
5850 Ravine LLC
Warranty Deed
—
Jan 23, 2013
—
5850 Ravine LLC
Rauck,james O & Patrice A
Warranty Deed
—
Jun 9, 2011
$50,000
James O Rauck
Brooks,robert J
Warranty Deed
—
Oct 11, 2005
$130,000
Robert J Brooks
Xanders,chester A JR & Toni J
Warranty Deed
$123,500 · Option One Mortgage Corp
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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