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Property profile & analytics
OFF-MARKET
Estimated value
$1,315,000
Retail space
2682 London Groveport Rd Grove City, OH 43123-9530
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-4034125
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2019
Total area
7,424 SF
Lot
1.36 ac (59,067 SF)
APN
040-008048
UPID
US66-4034125
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
-
AutoZone Auto Parts Auto Parts Store
-
Auto Shop Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
$1.44M
Blend (final)
Blend
$1.32M
Owner & transaction history
Kdk Real Estate 1 LLC · 6 yrs held
Kdk Real Estate 1 LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+132.6%
Auto repair, garage
$1.2M
+31.9%
Neighborhood: shopping center
$1.2M
+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 Grove City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grove City 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%
$1,650,000
6.5%
$1,520,000
7%
$1,415,000
Alternative Use
Use
Estimation
RETAIL STORES
$930,000
Current use
RESTAURANT
$2,160,000
Change: +133% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,225,000
Change: +32% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,220,000
Change: +31% · Conversion: Moderate
MEDICAL BUILDING
$1,115,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$1,110,000
Change: +20% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,075,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$1.32M
Range $1.18M – $1.45M · ±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
$177 / 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
$46,948
Tax year 2023
Assessed value
$625,030
Assessed 2023
Previous assessed
$624,510
+0.1% YoY
Effective rate
7.51%
On assessed value
Assessed land
$261,030
Assessed improvement
$364,000
Land market value
$745,800
Improvement market value
$1,040,000
Total market value
$1,785,800
Applied tax rate
40.0000
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
2019
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
7,424 SF
Lot
1.36 ac (59,067 SF)
APN
040-008048
UPID
US66-4034125
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
$930,000
RESTAURANT
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2019
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
Kdk Real Estate 1 LLC
Entity
Mailing address
8803 BRECKSVILLE RD #7271, BRECKSVILLE, OH 44141-1932
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
Aug 22, 2019
$1,238,100
Kdk Real Estate 1 LLC
Rite Rug Co
Limited Warranty Deed
$650,000 · Home Savings Bank
Jun 4, 2014
$550,000
Rite Rug Co
The Buckeye Ranch Foundation INC
Limited Warranty Deed
$357,500 · Cfbank
Aug 7, 2013
—
Buckeye Ranch Foundation INC
Gc Summit Partners LLC
Grant Deed
—
Aug 6, 2013
—
Cadwallader,john I Tr
Gc Summit Partners LLC
Quit Claim Deed
related
—
Jun 26, 2013
$1,825,000
Gc Summit Partners LLC
Buckeye Ranch Foundation INC
Grant Deed
$17,320,000 · Huntington National Bank
Apr 11, 2007
—
City Of Grove City Ohio
Buckeye Ranch Foundation INC
Grant Deed
—
Nov 29, 2006
—
Buckeye Ranch Foundation INC
Buckeye Ranch INC
Quit Claim Deed
—
—
—
Gc Summit Partners LLC
—
Loan Modification
related
$17,320,000 · Huntington National Bank
—
—
Gc Summit Partners LLC
—
Loan Modification
related
$2,400,000 · Huntington National 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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