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Property profile & analytics
OFF-MARKET
Estimated value
$4,460,000
Outlet malls
1970 Hilliard Rome Rd Hilliard, OH 43026-7566
Entity Owned
19-yr Hold
Free & Clear
Property ID
US66-1937974
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2007
Total area
127,378 SF
Lot
12.19 ac (531,171 SF)
APN
560-154545
UPID
US66-1937974
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
-
Target Grocery Grocery & Convenience Store Food Market
-
Coinhub Bitcoin ATM Teller Atm
-
CVS Pharmacy Pharmacy
-
Kasey Richardson Pharmacy
-
Target Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.39M
Blend (final)
Blend
$4.46M
Owner & transaction history
Target Corp · 19 yrs held
Target Corp
since 2006
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 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
Blend value · Realmo final
$4.46M
Range $4.01M – $4.91M · ±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
$35 / 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
$217,755
Tax year 2023
Assessed value
$3,004,680
Assessed 2023
Previous assessed
$2,485,000
+20.9% YoY
Effective rate
7.25%
On assessed value
Assessed land
$1,171,240
Assessed improvement
$1,833,440
Land market value
$3,346,400
Improvement market value
$5,238,400
Total market value
$8,584,800
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2007
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
127,378 SF
Lot
12.19 ac (531,171 SF)
APN
560-154545
UPID
US66-1937974
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
2007
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
12.19 ac
Current owner
From public records · entity-resolved
Target Corp
Entity
Free & Clear · 19 yrs held
Mailing address
1000 NICOLLET MALL, MINNEAPOLIS, MN 55403-2542
Ownership since
2006
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 18, 2006
$2,600,000
Target Corp
Continental Of Hr LLC
Grant Deed
—
Apr 17, 2003
—
Continental Hr LLC
Damante,mark A Tr
Grant Deed
related
—
Apr 14, 2003
$5,379,000
Continental/hr LLC
Duff Warehouses INC
Grant Deed
$6,700,000 · Huntington National Bank
Sep 23, 1999
—
Duff Warehouses INC
Central City Title Agency Ltd
Quit Claim Deed
related
—
Aug 2, 1999
$425,000
Benjie Enterprises INC
Duff Warehouses INC
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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