New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Flex space
2300 Swsw Blvd, Grove City, OH 43123-4829
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US66-2304286
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1995
Total area
10,100 SF
Lot
3.47 ac (151,066 SF)
APN
040-008159
UPID
US66-2304286
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
$1.24M
Blend (final)
Blend
$1.06M
Owner & transaction history
Tem56 LLC · 8 yrs held
Tem56 LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+105.1%
Neighborhood: shopping center
$1.7M
+104.0%
Medical building
$1.5M
+87.1%
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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$810,000
Current use
AUTO REPAIR, GARAGE
$1,665,000
Change: +105% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,655,000
Change: +104% · Conversion: Difficult
MEDICAL BUILDING
$1,520,000
Change: +87% · Conversion: Difficult
OFFICE BUILDING
$1,510,000
Change: +86% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,465,000
Change: +80% · Conversion: Difficult
RETAIL STORES
$1,260,000
Change: +55% · Conversion: Moderate
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±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
$104 / 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
$24,952
Tax year 2023
Assessed value
$332,190
Assessed 2023
Previous assessed
$285,390
+16.4% YoY
Effective rate
7.51%
On assessed value
Assessed land
$87,570
Assessed improvement
$244,620
Land market value
$250,200
Improvement market value
$698,900
Total market value
$949,100
Applied tax rate
40.0000
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
1995
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
10,100 SF
Lot
3.47 ac (151,066 SF)
APN
040-008159
UPID
US66-2304286
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
INDUSTRIAL (GENERAL) Current
Est. value
$810,000
AUTO REPAIR, GARAGE
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1995
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
3.47 ac
Current owner
From public records · entity-resolved
Tem56 LLC
Entity
Mailing address
2300 SWSW BLVD, GROVE CITY, OH 43123-4829
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2025
—
Tem56 LLC
—
Deed
related
$999,753 · First National Bank Of Pennsylvania
Oct 6, 2017
—
Tem56 LLC
—
Deed
related
$362,500 · Private Individual
Aug 9, 2017
—
Tem 56 LLC
—
Deed
related
$290,000 · The Huntington National Bank
Jul 31, 2017
$725,000
Tem56 LLC
Pap2300 LLC
Warranty Deed
$362,500 · The Huntington National Bank
Jul 31, 2017
—
Pap2300 LLC
Phillips,phill A
Quit Claim Deed
related
—
Jan 19, 2016
—
Pap 2300 LLC
Phillips,phill A
Quit Claim Deed
related
—
Aug 28, 2007
—
Phill A Phillips
Phillips,charlotte N
Quit Claim Deed
related
—
Oct 2, 1997
$585,300
Phill A Phillips
Mcmace Enterprises
Grant Deed
$468,200 · Heartland Bank
—
—
Tem56 LLC
—
Deed Of Trust
related
$362,500 · Private Individual
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2300 Swsw Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
