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Property profile & analytics
OFF-MARKET
Estimated value
$10,920,000
Community centers
2475 Hilliard Rome Rd 2575 Hilliard, OH 43026-8194
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-2187075
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1993
Total area
114,535 SF
Lot
13.88 ac (604,526 SF)
APN
560-222599
UPID
US66-2187075
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
-
OneMain Financial Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.98M
Blend (final)
Blend
$10.92M
Owner & transaction history
Davis & Meyer Law Ltd · 8 yrs held
Davis & Meyer Law Ltd
since 2018
4 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 Hilliard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hilliard 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
MEDICAL BUILDING
$17,225,000
Change: -8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$16,605,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$10.92M
Range $9.83M – $12.01M · ±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
$95 / 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
$292,696
Tax year 2023
Assessed value
$4,038,760
Assessed 2023
Previous assessed
$3,785,150
+6.7% YoY
Effective rate
7.25%
On assessed value
Assessed land
$1,332,980
Assessed improvement
$2,705,780
Land market value
$3,808,500
Improvement market value
$7,730,800
Total market value
$11,539,300
Applied tax rate
560.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1993
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Rooms
8
Bathrooms
2
Total area
114,535 SF
Lot
13.88 ac (604,526 SF)
APN
560-222599
UPID
US66-2187075
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
MEDICAL BUILDING
Est. value
$17.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.6M
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1993
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Rooms
8
Bathrooms
2
Lot
13.88 ac
Current owner
From public records · entity-resolved
Davis & Meyer Law Ltd
Individual
Free & Clear · 8 yrs held
Mailing address
22388 BUENA VIS RD, ROCKBRIDGE, OH 43149-9006
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2018
—
Davis & Meyer Law Ltd
Silver Horn LLC
Quit Claim Deed
related
—
Apr 11, 2014
—
City Of Columbus Ohio
City Of Hilliard Ohio
Quit Claim Deed
related
—
Sep 16, 2002
—
Columbus City (oh)
Silver Horn LP
Grant Deed
related
—
—
—
Silver Horn LLC
—
Deed Of Trust
related
$8,000,000 · Jackson National Life Ins Co
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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