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Property profile & analytics
OFF-MARKET
Estimated value
$2,445,000
Flex space
2499 Mcgaw Rd Obetz, OH 43207-4513
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-0942493
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1978
Total area
29,280 SF
Lot
2 ac (87,076 SF)
APN
152-000525
UPID
US66-0942493
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
$2.55M
Blend (final)
Blend
$2.45M
Owner & transaction history
Celadon Trucking Services INC · 7 yrs held
Celadon Trucking Services INC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.0M
+50.9%
Neighborhood: shopping center
$3.2M
+20.8%
Retail stores
$3.1M
+20.0%
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 Obetz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Obetz 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)
$2,620,000
Current use
MEDICAL BUILDING
$3,955,000
Change: +51% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,165,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$3,145,000
Change: +20% · Conversion: Moderate
Blend value · Realmo final
$2.45M
Range $2.20M – $2.69M · ±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
$84 / 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
$24,221
Tax year 2023
Assessed value
$381,120
Assessed 2023
Previous assessed
$476,700
-20.1% YoY
Effective rate
6.36%
On assessed value
Assessed land
$49,000
Assessed improvement
$332,120
Land market value
$140,000
Improvement market value
$948,900
Total market value
$1,088,900
Applied tax rate
152.0000
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
1978
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
29,280 SF
Lot
2 ac (87,076 SF)
APN
152-000525
UPID
US66-0942493
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
$2.6M
MEDICAL BUILDING
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
RETAIL STORES
Est. value
$3.1M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1978
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
2 ac
Current owner
From public records · entity-resolved
Celadon Trucking Services INC
Entity
Mailing address
2150 SCHUETZ RD STE #210, SAINT LOUIS, MO 63146-3517
Ownership since
2019
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
Apr 10, 2019
$1,000,000
Celadon Trucking Services INC
2499 Mcgraw LLC
Grant Deed
—
Apr 10, 2019
$2,200,000
Blue Real Estate III LLC
Celadon Trucking Services INC
Warranty Deed
—
Jan 18, 2019
—
2499 Mcgraw LLC
Celadon Realty LLC
Correction Deed
related
—
Apr 6, 2017
$1,275,000
2499 Mcgraw LLC
Celadon Realty LLC
Grant Deed
—
Nov 2, 2012
$1,100,000
Celadon Realty LLC
Executive Land Holdings LLC
Warranty Deed
—
Sep 22, 2011
—
Executive Land Holdings LLC
—
Deed Of Trust
related
$1,008,100 · Fifth Third Bank
Jul 11, 2001
$790,300
Executive Land Holdings LLC
Galloway Investment Co
Grant Deed
related
$742,700 · Ge Capital Small Business Finl
Aug 1, 1997
$508,900
Prime Columbus Industrial LLC
Ab Reo Vi LLC
Grant Deed
—
—
—
Executive Land Holdings LLC
—
Deed Of Trust
related
$779,100 · Fifth Third Bank
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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