Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    200 Jefferson Ave Plain City, OH 43064-1031

    • Drive through restaurants
    • 3,700 SF
    • 1.28 lot acres
    OFF-MARKET
    Value Estimations
    $540,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1488391
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • McDonald's / Cafe & Coffee Shop

    Property Details for 200 Jefferson Ave

    Year built
    2001
    Lot size
    1.28 lot acres
    Property size
    3,700 SF
    Property type
    Drive through restaurants
    APN
    18-0003095.2000
    APU
    1800030952000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $579,000
      Market price range: $297k - $653k

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $705,000
      Current use
      OFFICE BUILDING
      $890,000
      Change: +26% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $610,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Plain City
    County
    Union
    State
    Ohio
    Longitude
    -83.2789
    Latitude
    40.1098
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,071
    $23,940
    $116,010
    $139,950
    -
    $68,400
    $331,460
    $399,860

    Comparable in this City

    • Value Estimation by Request
      798 SF

      542 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 798 SF
      542 Main St, Plain City, OH 43064-1035
      View Details
    • Value Estimation by Request
      2,880 SF

      8120 Us Hwy 42nd N

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,880 SF
      8120 Us Hwy 42nd N, Plain City, OH 43064-9774
      View Details
    • Value Estimation by Request
      580 SF

      461 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 580 SF
      461 Main St, Plain City, OH 43064-1036
      View Details
    • Value Estimation by Request
      5,120 SF

      State Rte 161

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,120 SF
      State Rte 161, Plain City, OH 43064
      View Details
    • Value Estimation by Request
      1,305 SF

      553 Main St

      RESTAURANT • 1,305 SF
      553 Main St, Plain City, OH 43064-1038
      View Details
    • Value Estimation
      $720,000
      7,469 SF

      6663 Converse Huff Rd

      RESTAURANT • 7,469 SF
      6663 Converse Huff Rd, Plain City, OH 43064-9185
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      160.00 Acres

      Prime 160-Acre Data Center Land

      Ohio Data Center Site - Ready to Build
      0 Industrial Pkwy, Marysville, OH 43064
      View Details
    • Contact for pricing

      Data Center Land Opportunity

      160 acres fully entitled data center site.
      Industrial Pkwy, Plain City, OH 43064
      View Details
    • $219,000

      Prime Plain City Land - 2 Acres

      Build your dream home in Ohio's countryside.
      2 Finley Guy Rd, London, OH 43064
      View Details
    • $1,115,000
      6,030 SF

      7801 Corporate Blvd Industrial Property

      Ohio Manufacturing Facility: $1.1M, 6,030 SF
      7801 Corporate Blvd, Plain City, OH 43064
      View Details
    • $182,985

      Prime Plain City Residential Lot

      10,890 SF Buildable Lot in Jerome Village
      7844 Sparrow Run Dr, Plain City, OH 43064
      View Details
    • $475,000

      Prime Plain City Residential Land

      1.8 Acres, Dublin Schools, Build Your Dream Home
      0 Brock Rd, Plain City, OH 43064
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      40,000 SF

      Retail Space Available For Lease

      Divisible retail space available 10 months after lease signing.
      7693 Corporate Blvd, Plain City, OH 43064
      View Details
    • Contact for pricing
      8,470 SF

      Retail Space Near Planned Residences

      Retail opportunity near Costco, Aldi, and planned residential developments.
      Weldon Rd, Plain City, OH 43064
      View Details
    • Contact for pricing

      Plain City Flex/Industrial Space

      Flex/industrial space in rapidly growing Plain City, Ohio.
      142 Church St, Plain City, OH 43064
      View Details
    • $204 SF/Yr
      4,720 SF

      RISE Dublin: Office, Warehouse, Flex

      Plain City, OH: Flexible spaces available.
      7780 Corporate Blvd, Plain City, OH 43064
      View Details
    • Contact for pricing

      Mixed-Use Land Near Dublin Green

      10 acres of mixed-use land available for development.
      Post Rd, Plain City, OH 43064
      View Details
    • Contact for pricing
      14,400 SF

      Industrial Space Available For Lease

      New industrial space for lease, delivery Q1 2026.
      8000 Industrial Pkwy, Plain City, OH 43064
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    200 Jefferson Ave
    Plain City, OH 43064-1031
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!