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Property profile & analytics
OFF-MARKET
Estimated value
$13,785,000
Community centers
2656 Brice Rd 2736 Reynoldsburg, OH 43068-3419
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-1060700
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1988
Total area
65,450 SF
Lot
14.32 ac (623,605 SF)
Zoning code
2766
APN
530-166434
UPID
US66-1060700
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
$9.55M
CAP Approach
CAP
$14.37M
Comparable Approach
Comparable
$13.46M
Blend (final)
Blend
$13.79M
Owner & transaction history
Ar Brtce Park LLC · 4 yrs held
Ar Brtce Park LLC
since 2022
Last sale
$13.5M
4 recorded transactions
Zoning & alternative use
2766 · Reynoldsburg, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$19.0M
+77.2%
Auto repair, garage
$10.8M
+0.5%
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 Reynoldsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reynoldsburg 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
$14,095,000
ML approach
$9,550,000
CAP Approach
CAP Return
Estimation
6%
$15,565,000
6.5%
$14,370,000
7%
$13,345,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$10,735,000
Current use
RESTAURANT
$19,025,000
Change: +77% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,790,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$9,845,000
Change: -8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,490,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$8,755,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$13.79M
Range $12.41M – $15.16M · ±10% · vs last sale $13.50M (Jun 24 2022)
Last sale anchor
$13.50M
Jun 24 2022
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
$211 / 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
$189,105
Tax year 2023
Assessed value
$3,262,290
Assessed 2023
Previous assessed
$2,723,220
+19.8% YoY
Effective rate
5.80%
On assessed value
Assessed land
$1,238,270
Assessed improvement
$2,024,020
Land market value
$3,537,900
Improvement market value
$5,782,900
Total market value
$9,320,800
Applied tax rate
530.0000
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
1988
Heating
YES
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
65,450 SF
Lot
14.32 ac (623,605 SF)
Zoning code
2766
APN
530-166434
UPID
US66-1060700
Jurisdiction
FRANKLIN
Zoning & alternative use
2766 · Reynoldsburg, OH
Zoning 2766 · permitted uses
2766 · Reynoldsburg, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Reynoldsburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$10.7M
RESTAURANT
Est. value
$19.0M
AUTO REPAIR, GARAGE
Est. value
$10.8M
MEDICAL BUILDING
Est. value
$9.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.5M
RETAIL STORES
Est. value
$8.8M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1988
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Lot
14.32 ac
Current owner
From public records · entity-resolved
Ar Brtce Park LLC
Entity
Free & Clear · 4 yrs held
Mailing address
678 REISTERSTOWN RD, BALTIMORE, MD 21208-5112
Ownership since
2022
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
Jun 24, 2022
$13,500,000
Ar Brtce Park LLC
Brtxmor Ga Apollo I Sub LLC
Limited Warranty Deed
—
Aug 30, 2005
$23,575,000
Galileo Apollo I Sub LLC
Hk New Plan Exchange Property Owner
Quit Claim Deed
related
$173,000,000 · Merrill Lynch Mortgage Lending INC
Jan 8, 2004
—
Hk New Plan Exchange Property
New Plan Excel Realty Trust
Quit Claim Deed
related
—
Mar 5, 1998
$15,000,000
New Plan Realty Trust
Chantry Square Joint Venture
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.
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