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Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Warehouses
275 Reynoldsburg New Albany Rd Blacklick, OH 43004-8701
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-1602463
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Total area
10,100 SF
Lot
3.86 ac (168,142 SF)
APN
010-229131
UPID
US66-1602463
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
$1.40M
Blend (final)
Blend
$1.17M
Owner & transaction history
Baneberry Acquisitions LLC · 21 yrs held
Baneberry Acquisitions LLC
since 2004
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+95.8%
Neighborhood: shopping center
$1.7M
+94.8%
Medical building
$1.5M
+78.6%
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 Blacklick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blacklick 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
$850,000
Current use
AUTO REPAIR, GARAGE
$1,665,000
Change: +96% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,655,000
Change: +95% · Conversion: Moderate
MEDICAL BUILDING
$1,520,000
Change: +79% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,465,000
Change: +72% · Conversion: Difficult
OFFICE BUILDING
$1,390,000
Change: +63% · Conversion: Difficult
RETAIL STORES
$1,260,000
Change: +48% · Conversion: Moderate
Blend value · Realmo final
$1.17M
Range $1.05M – $1.29M · ±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
$116 / 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
$25,618
Tax year 2023
Assessed value
$350,700
Assessed 2023
Previous assessed
$308,010
+13.9% YoY
Effective rate
7.30%
On assessed value
Assessed land
$135,870
Assessed improvement
$214,830
Land market value
$388,200
Improvement market value
$613,800
Total market value
$1,002,000
Applied tax rate
10.0000
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
2003
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
10,100 SF
Lot
3.86 ac (168,142 SF)
APN
010-229131
UPID
US66-1602463
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
$850,000
AUTO REPAIR, GARAGE
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
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
2003
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
3.86 ac
Current owner
From public records · entity-resolved
Baneberry Acquisitions LLC
Entity
Mailing address
168 HWY 274, CLOVER, SC 29710-6045
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
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
Mar 23, 2017
—
Barco LLP
—
Deed
related
$5,265,518 · First Merchants Bank
Nov 7, 2016
—
Baneberry Acquisitions LLC
—
Deed
related
$1,920,000 · First Nbc Bk
Sep 3, 2004
$2,366,900
Baneberry Acquisitions LLC
Hma Georgia LLC
Warranty Deed
—
May 2, 2003
$698,400
Hma Georgia LLC
Clark,samuel A & Carolyn A
Grant Deed
—
—
—
Baneberry Acquisitions LLC
—
Deed Of Trust
related
$1,538,441 · Lasalle National Bank
—
—
Baneberry Acquisitions LLC
—
Deed Of Trust
related
$1,920,000 · First Nbc Bk
—
—
Baneberry Acquisitions LLC
—
Deed Of Trust
related
$1,425,000 · J P Morgan Chase Bank
—
—
Steven G Harris
—
Deed Of Trust
related
$1,732,500 · Branch Banking & Trust Co
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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