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Property profile & analytics
OFF-MARKET
Strip malls
1378 Hamilton Rd Gahanna, OH 43230-6853
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-1522119
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Construction
WOOD
Total area
14,345 SF
Lot
6.18 ac (269,331 SF)
APN
025-012935
UPID
US66-1522119
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
-
The Onyx Spot (Natural Nail Care) Nail Salon
-
K.I.S.S Aesthetics The Collection Salon Suite #13 Spa & Massage Center Skin Care Clinic
-
Nails by Chau Nail Salon
-
oak & olive salon studio Hair Salon
-
NEBU Sunless Tanning Tanning Salon
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
Mlfo LLC · 5 yrs held
Mlfo LLC
since 2021
Last sale
$12.4M
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 Gahanna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gahanna 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
$222,264
Tax year 2023
Assessed value
$2,679,640
Assessed 2023
Previous assessed
$3,134,540
-14.5% YoY
Effective rate
8.29%
On assessed value
Assessed land
$1,063,130
Assessed improvement
$1,616,510
Land market value
$3,037,500
Improvement market value
$4,618,600
Total market value
$7,656,100
Applied tax rate
25.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
14,345 SF
Lot
6.18 ac (269,331 SF)
APN
025-012935
UPID
US66-1522119
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
2006
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
6.18 ac
Current owner
From public records · entity-resolved
Mlfo LLC
Entity
Free & Clear · 5 yrs held
Mailing address
840 E HIGH ST, LEXINGTON, KY 40502-2107
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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 4, 2021
—
Mlfo LLC
Davis & Meyer Law Ltd
Quit Claim Deed
related
—
May 22, 2020
$12,350,100
Mlfo LLC
Viking Partners Morse LLC
Grant Deed
—
Apr 24, 2018
$10,000,000
Viking Partners Morse LLC
Ia Gahanna Morse LLC
Grant Deed
related
—
Jan 17, 2007
—
Inland American Gahanna Morse
Hamilton Road Retail LLC
Grant Deed
—
Aug 6, 2004
$3,200,000
Hamilton Road Retail LLC
Mattlin,richard I
Grant Deed
$3,202,500 · National City Bank
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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