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Property profile & analytics
OFF-MARKET
Estimated value
$2,930,000
Community centers
1786-1934 Rome Hilliard Rd Hilliard, OH 43026
Entity Owned
9-yr Hold
Free & Clear
Property ID
US66-3490547
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2003
Total area
19,915 SF
Lot
13.71 ac (597,077 SF)
APN
560-281615
UPID
US66-3490547
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.93M
Owner & transaction history
Mb Columbus Hillaiard LLC · 9 yrs held
Mb Columbus Hillaiard LLC
since 2016
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.5M
+7.0%
Auto repair, garage
$3.3M
+0.5%
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 Hilliard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hilliard 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
NEIGHBORHOOD: SHOPPING CENTER
$3,265,000
Current use
OFFICE BUILDING
$3,495,000
Change: +7% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,285,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$2,995,000
Change: -8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,885,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$2.93M
Range $2.64M – $3.22M · ±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
$147 / 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
$324,932
Tax year 2023
Assessed value
$4,483,570
Assessed 2023
Previous assessed
$4,447,810
+0.8% YoY
Effective rate
7.25%
On assessed value
Assessed land
$1,504,650
Assessed improvement
$2,978,920
Land market value
$4,299,000
Improvement market value
$8,511,200
Total market value
$12,810,200
Applied tax rate
560.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2003
Heating
YES
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
19,915 SF
Lot
13.71 ac (597,077 SF)
APN
560-281615
UPID
US66-3490547
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2003
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
13.71 ac
Current owner
From public records · entity-resolved
Mb Columbus Hillaiard LLC
Entity
Free & Clear · 9 yrs held
Mailing address
332 S MICHIGAN AVE, CHICAGO, IL 60604-4434
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2016
—
Mb Columbus Hillaiard LLC
Mb Columbus Hilliard LLC
Quit Claim Deed
related
—
Nov 15, 2006
$281,400
Continental Of Hr LLC
Mb Columbus Hilliard LLC
Grant Deed
—
Jul 12, 2006
$20,341,300
Mb Columbus Hilliard LLC
Continental Of Hr LLC
Grant 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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