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Property profile & analytics
OFF-MARKET
Estimated value
$35,260,000
Warehouses
2625 Bixby Rd Groveport, OH 43125-9493
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-6142060
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2022
Total area
257,400 SF
Lot
19.45 ac (847,198 SF)
APN
152-002156
UPID
US66-6142060
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
$35.00M
Blend (final)
Blend
$35.26M
Owner & transaction history
Bvcsf Toy Road LLC · 1 yrs held
Bvcsf Toy Road LLC
since 2025
Last sale
$37.7M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$42.4M
+85.4%
Neighborhood: shopping center
$42.2M
+84.4%
Medical building
$38.7M
+69.1%
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 Groveport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groveport 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
WAREHOUSE, STORAGE
$22,895,000
Current use
AUTO REPAIR, GARAGE
$42,440,000
Change: +85% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$42,220,000
Change: +84% · Conversion: Moderate
MEDICAL BUILDING
$38,715,000
Change: +69% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$37,315,000
Change: +63% · Conversion: Difficult
OFFICE BUILDING
$35,375,000
Change: +55% · Conversion: Difficult
RETAIL STORES
$32,165,000
Change: +41% · Conversion: Moderate
Blend value · Realmo final
$35.26M
Range $31.73M – $38.79M · ±10% · vs last sale $37.65M (Jul 15 2025)
Last sale anchor
$37.65M
Jul 15 2025
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
$137 / 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
$49,268
Tax year 2023
Assessed value
$7,350,850
Assessed 2023
Previous assessed
$564,620
+1,201.9% YoY
Effective rate
0.67%
On assessed value
Assessed land
$664,270
Assessed improvement
$6,686,580
Land market value
$1,897,900
Improvement market value
$19,104,500
Total market value
$21,002,400
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2022
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
257,400 SF
Lot
19.45 ac (847,198 SF)
APN
152-002156
UPID
US66-6142060
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
WAREHOUSE, STORAGE Current
Est. value
$22.9M
AUTO REPAIR, GARAGE
Est. value
$42.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$42.2M
MEDICAL BUILDING
Est. value
$38.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$37.3M
OFFICE BUILDING
Est. value
$35.4M
RETAIL STORES
Est. value
$32.2M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2022
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
19.45 ac
Current owner
From public records · entity-resolved
Bvcsf Toy Road LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4175 CRK DR, OBETZ, OH 43207
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2025
$37,650,000
Bvcsf Toy Road LLC
Toy Road LLC
Deed
—
Jun 1, 2023
—
City Of Obetz
Toy Road LLC
Warranty Deed
—
Jun 17, 2021
$751,800
Toy Road LLC
Lance Foster
Limited Warranty 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.
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