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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Retail space
250 State St Westerville, OH 43081-1460
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-0117743
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
WOOD
Total area
3,332 SF
Lot
0.9 ac (39,378 SF)
APN
080-001128
UPID
US66-0117743
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
-
Andy's Frame Setting, LLC (Bike/Boat/Book/etc) Store Home Decor Store
-
Kent Family Chiropractic Alternative Medicine Practice
-
Crista R. Kent, DC Alternative Medicine Practice
-
North High Brewing - Westerville Production Facility Brewery & Distillery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
$685k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$670k
Owner & transaction history
Full Tilt Real Estate Services Ltd · 3 yrs held
Full Tilt Real Estate Services Ltd
since 2023
Last sale
$725,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$575,000
+38.0%
Auto repair, garage
$550,000
+31.9%
Neighborhood: shopping center
$545,000
+31.3%
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 Westerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westerville 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
$625,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
$740,000
6.5%
$685,000
7%
$635,000
Alternative Use
Use
Estimation
RETAIL STORES
$415,000
Current use
MEDICAL BUILDING
$575,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$550,000
Change: +32% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$545,000
Change: +31% · Conversion: Moderate
OFFICE BUILDING
$415,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $725k (Apr 18 2023)
Last sale anchor
$725k
Apr 18 2023
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
$201 / 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
$5,843
Tax year 2023
Assessed value
$71,130
Assessed 2023
Previous assessed
$69,870
+1.8% YoY
Effective rate
8.21%
On assessed value
Assessed land
$66,540
Assessed improvement
$4,590
Land market value
$190,100
Improvement market value
$13,100
Total market value
$203,200
Applied tax rate
80.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
3,332 SF
Lot
0.9 ac (39,378 SF)
APN
080-001128
UPID
US66-0117743
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
RETAIL STORES Current
Est. value
$415,000
MEDICAL BUILDING
Est. value
$575,000
AUTO REPAIR, GARAGE
Est. value
$550,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$545,000
OFFICE BUILDING
Est. value
$415,000
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1920
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Full Tilt Real Estate Services Ltd
Individual
Mailing address
784 KENILWORTH LN, WESTERVILLE, OH 43082-7561
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2023
—
Full Tilt Real Estate Services Ltd
—
Deed
related
$299,000 · Community Capital Development Corporatio
Apr 20, 2023
—
Full Title Real Estate Services Ltd
—
Deed
related
$290,000 · The Farmers & Merchants State Bank
Apr 18, 2023
$725,000
Full Tilt Real Estate Services Ltd
Jarob Partnership
Warranty Deed
$362,500 · The Farmers & Merchants State Bank
Apr 17, 2023
—
Full Tiltl Real Estate Service
—
Deed
related
$290,000 · The Farmers & Merchants Bank
Jul 7, 2006
$290,000
Jarob Ptshp
Kight-isaly,heather V
Warranty Deed
—
May 31, 2002
$200,000
Heather V Kight
Hartsook,elsie B & Alma
Grant Deed
$160,000 · Champaign Nat'l Bank & Trust
—
—
Heather V Kight-isaly
—
Deed Of Trust
related
$156,000 · Guernsey Bank Fsb
—
—
Jarob Ptshp
—
Deed Of Trust
related
$175,000 · 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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