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Property profile & analytics
OFF-MARKET
Office buildings
254 Johnstown Rd, Gahanna, OH 43230-2731
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US66-1524557
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1927
Total area
1,610 SF
Lot
0.97 ac (42,123 SF)
APN
025-000908
UPID
US66-1524557
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
-
Alfa Counseling Gahanna Counselor
-
Kokensparger & Ryan Law Firm Child Welfare Organization
-
Corinne N. Ryan, Esq. Law Firm Child Welfare Organization
-
Steven Kokensparger, Esq. Law Firm Child Welfare Organization
-
Qualls Law, LLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Andrew Meyta · 8 yrs held
Andrew Meyta
since 2017
6 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 Gahanna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gahanna 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,968
Tax year 2023
Assessed value
$108,120
Assessed 2023
Previous assessed
$80,510
+34.3% YoY
Effective rate
8.29%
On assessed value
Assessed land
$82,880
Assessed improvement
$25,240
Land market value
$236,800
Improvement market value
$72,100
Total market value
$308,900
Applied tax rate
25.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1927
Heating
YES
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
6
Bathrooms
2
Total area
1,610 SF
Lot
0.97 ac (42,123 SF)
APN
025-000908
UPID
US66-1524557
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
Building & site characteristics
From public records
Year built
1927
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
6
Bathrooms
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
Andrew Meyta
Individual
Mailing address
254 W JOHNSTOWN RD, GAHANNA, OH 43230-2731
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2017
$213,500
Andrew Meyta
Jake S Property Services LLC
Warranty Deed
$113,500 · First City Bank
Apr 1, 2015
$141,679
The Community Bank
Jakes Property Services LLC
Deed
—
May 25, 2011
$135,000
Jakes Property Services LLC
James F Hastings II
Executors Deed
$172,000 · Emerald Bank
Mar 13, 2007
—
Kingdom Trust
Hastings,james F II & Susan M
Quit Claim Deed
related
—
Apr 27, 2005
$183,500
Hastings,james F II & Susan M
Weber,william H & Deborah D
Warranty Deed
—
Sep 1, 1998
$165,000
William H Weber
Jennifer A Housh Trustee
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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