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Property profile & analytics
OFF-MARKET
Medical Office Space
298 St Westerville, OH 43081-1443
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US66-1577515
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1953
Construction
WOOD
Total area
2,296 SF
Lot
2.91 ac (126,629 SF)
Zoning code
298
APN
080-011283
UPID
US66-1577515
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cryan Veterinary Hospital LLC · 19 yrs held
Cryan Veterinary Hospital LLC
since 2007
3 recorded transactions
Zoning & alternative use
298 · Westerville, OH
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 Westerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westerville 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
$18,022
Tax year 2023
Assessed value
$219,390
Assessed 2023
Previous assessed
$219,390
+0.0% YoY
Effective rate
8.21%
On assessed value
Assessed land
$84,530
Assessed improvement
$134,860
Land market value
$241,500
Improvement market value
$385,300
Total market value
$626,800
Applied tax rate
80.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1953
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
3
Stories
1
Units
1
Rooms
7
Bathrooms
1
Total area
2,296 SF
Lot
2.91 ac (126,629 SF)
Zoning code
298
APN
080-011283
UPID
US66-1577515
Jurisdiction
FRANKLIN
Zoning & alternative use
298 · Westerville, OHZoning 298 · permitted uses
298 · Westerville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Layer: Zoning (ID: 4)
Building & site characteristics
From public records
Year built
1953
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
1
Rooms
7
Bathrooms
1
Lot
2.91 ac
Current owner
From public records · entity-resolved
Cryan Veterinary Hospital LLC
Entity
Mailing address
298 NW ST, WESTERVILLE, OH 43081-1443
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
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
Jun 26, 2007
$500,000
Cryan Veterinary Hospital LLC
Cryan,patrick J & Karen M
Warranty Deed
$1,355,000 · Huntington National Bank
Jul 27, 2001
—
Westerville City (oh)
Cryan,patrick J & Karen M
Grant Deed
related
—
—
—
Cryan Veterinary Hospital INC
—
Deed Of Trust
related
$150,000 · Mbna America (delaware) NA
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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