Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    202 Winchester Cemetery Rd Canal Winchester, OH 43110-1073
    Back to Search
    Property profile & analytics

    202 Winchester Cemetery Rd, Canal Winchester, OH 43110-1073

    View on Map
    • Office buildings
    • 4,928 SF
    • 4.99 lot acres
    Off-Market
    Property ID
    US66-2260616
    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.
    Value Estimations
    $805,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • JSB Home Solutions / Hardware & Home Improvement / Kitchen & Bath Showroom

    Property Details for 202 Winchester Cemetery Rd

    Year built
    1990
    Construction
    WOOD
    Lot size
    4.99 lot acres
    Property type
    Office buildings
    APN
    184-001274
    APU
    184001274

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 23, 2013 $135,000 202 Cemetery Raod LLC Wendys International INC Limited Warranty Deed $540k · Insight Bank
    Jan 20, 2006 $750,000 Wendys International INC Whitland Properties LLC Grant Deed —
    Jun 22, 2001 $1,055,000 Whitland Properties LLC Wendys International INC Grant Deed —
    Jun 30, 1997 $237,900 Tim Donut Us Limited INC Wendys International INC Grant Deed —
    — — 202 Cemetery Road LLC — Loan Modification · related $728k · First Fin'l Bk&tr

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,080,000
      6.5%
      $995,000
      7%
      $925,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $791,000
      Market price range: $367k - $1.04M
      AI Estimate
      $628,000
      Market price range: $189k - $782k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $675,000
      Current use
      AUTO REPAIR, GARAGE
      $815,000
      Change: +20% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $810,000
      Change: +19% Conversion: Difficult
      MEDICAL BUILDING
      $740,000
      Change: +9% Conversion: Easy
      RETAIL STORES
      $615,000
      Change: -9% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Canal Winchester
    County
    Franklin
    State
    Ohio
    Longitude
    -82.8173
    Latitude
    39.8547
    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
    $15,774
    $89,220
    $122,330
    $211,550
    -
    $254,900
    $349,500
    $604,400

    Comparable in this City

    • Value Estimation by Request
      789 SF

      9 High St

      OFFICE BUILDING
      9 High St, Canal Winchester, OH 43110-1212
      View Details
    • Value Estimation by Request
      3,685 SF

      25 Waterloo St

      OFFICE BUILDING
      25 Waterloo St, Canal Winchester, OH 43110-2101
      View Details
    • Value Estimation by Request
      2,385 SF

      80 Waterloo St

      OFFICE BUILDING
      80 Waterloo St, Canal Winchester, OH 43110-1013
      View Details
    • Value Estimation by Request
      2,960 SF

      10200 Busey NW Rd

      OFFICE BUILDING (MULTI-STORY)
      10200 Busey NW Rd, Canal Winchester, OH 43110-8816
      View Details
    • Value Estimation by Request
      8,238 SF

      8233 Howe Industrial Pkwy

      OFFICE BUILDING (MULTI-STORY)
      8233 Howe Industrial Pkwy, Canal Winchester, OH 43110-7896
      View Details
    • Value Estimation
      $605,000
      5,722 SF

      11925 Lithopolis NW Rd

      OFFICE BUILDING (MULTI-STORY)
      11925 Lithopolis NW Rd, Canal Winchester, OH 43110-9585
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,250 SF

      Modern Medical Office Investment Opportunity

      Fully leased medical office building in growing Columbus, Ohio area.
      7750 Diley Rd, Canal Winchester, OH 43110
      View Details
    • Contact for pricing
      1,276 SF

      Commercial Land with High-Visibility Frontage

      Prime commercial land with frontage near OhioHealth outpatient campus.
      612 W Waterloo St, Canal Winchester, OH 43110
      View Details
    • Contact for pricing
      527,023 SF

      Class A Logistics Facility

      527,023 SF logistics facility in high-growth Columbus market.
      6085 Winchester Pike, Canal Winchester, OH 43110
      View Details
    • Contact for pricing

      25.87 Acres Development Opportunity

      Land entitled for residential units and assisted living facility.
      Hill Rd, Pickerington, OH 43110
      View Details
    • Contact for pricing

      Redevelopment Land For Sale

      39.762 +/- acres of redevelopment land in Canal Winchester, Ohio.
      5424 Bixby Rd, Canal Winchester, OH 43110
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Historic Downtown Commercial Space Available

      Prime 2,415 sq ft commercial space in historic Canal Winchester.
      26 W Waterloo St, Canal Winchester, OH 43110
      View Details
    • Contact for pricing

      19 E Waterloo Street, Canal Winchester, OH 43110

      Retail space
      19 E Waterloo St, Canal Winchester, OH 43110
      View Details
    • Contact for pricing

      Medical Office Building Near US-33

      Medical office space connected to hospital services, near US-33.
      7901 Diley Rd, Canal Winchester, OH 43110
      View Details
    • Contact for pricing
      197,465 SF

      Industrial Space in Canal Winchester

      Available warehouse and distribution space in Canal Winchester, Ohio.
      6260-6300 Winchester Ln, Canal Winchester, OH 43110
      View Details
    • Contact for pricing
      221,316 SF

      Commercial Property in Canal Winchester

      Located off US-33 in Canal Winchester, Ohio.
      7697 Robinett Way, Canal Winchester, OH 43110
      View Details
    • Contact for pricing
      221,316 SF

      Warehouse Space in Canal Winchester

      Available warehouse space in Canal Winchester, Ohio totaling 221,316 square feet.
      7697 Robinett Way, Canal Winchester, OH 43110
      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.
    202 Winchester Cemetery Rd
    Canal Winchester, OH 43110-1073
    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

    Thank You for Inquiry
    202 Winchester Cemetery Rd, Canal Winchester, OH, 43110
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!