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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Flex space
1996 Longwood Ave Grove City, OH 43123-1218
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-0439350
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1969
Total area
19,920 SF
Lot
1.13 ac (49,310 SF)
APN
570-126820
UPID
US66-0439350
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
-
Advance Industrial Manufacturing, Inc. Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$613k
Blend (final)
Blend
$645k
Owner & transaction history
Wjw Industrial Properties Ltd · 3 yrs held
Wjw Industrial Properties Ltd
since 2022
7 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
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
$645k
Range $581k – $710k · ±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
$32 / 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
$16,177
Tax year 2023
Assessed value
$259,600
Assessed 2023
Previous assessed
$232,340
+11.7% YoY
Effective rate
6.23%
On assessed value
Assessed land
$23,730
Assessed improvement
$235,870
Land market value
$67,800
Improvement market value
$673,900
Total market value
$741,700
Applied tax rate
570.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1969
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
19,920 SF
Lot
1.13 ac (49,310 SF)
APN
570-126820
UPID
US66-0439350
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
1969
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Wjw Industrial Properties Ltd
Entity
Mailing address
1391 W 5TH AVE #257, COLUMBUS, OH 43212-2902
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2022
—
Wjw Industrial Properties Ltd
Log Cabin Properties Ltd
Warranty Deed
—
Jul 22, 2022
—
Log Cabin Properties Ltd
—
Deed
related
$350,000 · Lcnb National Bank
Feb 25, 2021
—
Log Cabin Properties Ltd
Advance Industrial Manufacturing In
Warranty Deed
—
Jul 22, 2019
—
Advance Indl Mfg INC
—
Trustees Deed
related
$300,000 · Lcnb Nat'l Bk
Sep 28, 2018
—
Advance Indl Mfg INC
—
Trustees Deed
related
$260,699 · Lcnb Nat'l Bk
Nov 12, 2010
—
Advance Industrial Mfg INC
—
Trustees Deed
related
$150,000 · Columbus First Bank
Sep 28, 2001
$510,000
Advance Industrial Mfg
Scioto Ceramic Products
Grant Deed
$408,000 · Bank One NA
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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