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Property profile & analytics
OFF-MARKET
Estimated value
$2,505,000
Retail properties & Spaces
2389 Taylor Park Dr Reynoldsburg, OH 43068-8052
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-4488908
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2012
Total area
28,489 SF
Lot
4.64 ac (202,118 SF)
APN
045-03788.10
UPID
US66-4488908
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
-
TagWorks (Bike/Boat/Book/etc) Store Pet Store & Service
-
Banfield Pet Hospital Veterinary Clinic
-
PetSmart Grooming Pet Grooming Service
-
PetSmart Dog Training Animal Training
-
PetSmart (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.69M
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$2.51M
Owner & transaction history
Arg Psreyohoo1 LLC · 4 yrs held
Arg Psreyohoo1 LLC
since 2022
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 Reynoldsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reynoldsburg 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%
$1,825,000
6.5%
$1,685,000
7%
$1,565,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,810,000
Current use
AUTO REPAIR, GARAGE
$3,175,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.51M
Range $2.25M – $2.76M · ±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
$88 / 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
$181,822
Tax year 2023
Assessed value
$1,617,630
Assessed 2023
Previous assessed
$1,617,630
+0.0% YoY
Effective rate
11.24%
On assessed value
Assessed land
$730,800
Assessed improvement
$886,830
Land market value
$2,088,000
Improvement market value
$2,533,790
Total market value
$4,621,790
Applied tax rate
45.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2012
Heating
YES
Cooling
WINDOW A/C
Stories
1
Units
1
Total area
28,489 SF
Lot
4.64 ac (202,118 SF)
APN
045-03788.10
UPID
US66-4488908
Jurisdiction
FAIRFIELD
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
RETAIL STORES Current
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.2M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
2012
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
4.64 ac
Current owner
From public records · entity-resolved
Arg Psreyohoo1 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
23425 COMMERCE PARK STE #103, BEACHWOOD, OH 44122-5848
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2022
—
Arg Psreyohoo1 LLC
Cole Mt Reynoldsburg Oh LLC
Limited Warranty Deed
—
Jul 20, 2021
—
Cole Mt Reynoldsburg Oh LLC
—
Deed
related
$100,000 · Jpmorgan Chase Bank NA
Jan 7, 2013
$6,050,300
Cole Mt Reynoldsburg Oh LLC
2940 Taylor Park LLC
Grant Deed
—
Dec 8, 2011
$1,350,000
2940 Taylor Park LLC
Target Corp
Grant Deed
$4,945,000 · First Bexley Bank
—
—
Cole Mt Reynoldsburg Oh LLC
—
Deed Of Trust
related
$38,500,000 · First Tn Bk
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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