$2,108,000 3,057 SF

2986 London Groveport Rd, Grove City, OH 43123
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$32k

Tax billed · 2023

Assessed value$364k

Assessed land$179k

Assessed improvement$185k

Effective rate8.73%

Value estimate

· Nov 2026

$405k

$365k – $446k

AI approach$405k

NOI build-up

Gross scheduled income$60k

Vacancy & credit loss−$2k

Operating expenses−$15k

NOI · 2.07% cap applied$44k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?

$291/SF

County average, outlier-cleaned · 215 recorded sales of this use type

Observed band · Q1–Q3$121 – $466

Qualifying comparables9

Cap rate analysis

How does the asset earn?

2.07%

$44k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Building Supply14.6

Wholesale Shop12.0

Parking Facility10.9

2986 London Groveport Rd Grove City, OH 43123

County assessor Recorded deeds · 9 transfers 9 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby

Address Sale price Sold Size

2071 Stringtown, Grove City, OH 43123-2930 $310,440 Mar 2025 3,014 SF

4394 Broadway, Grove City, OH 43123-3022 $225,000 Dec 2024 2,700 SF

4056 Broadway, Grove City, OH 43123-3026 $450,000 Nov 2024 2,571 SF

4255 Broadway, Grove City, OH 43123 $300,000 Oct 2024 2,780 SF

5968 Hoover, Grove City, OH 43123-8131 $892,500 Apr 2024 3,354 SF

London-grov, Grove City, OH 43123 $1,036,156 Sep 2023 2,954 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$450,000

2,562 SF

2787 London Groveport Rd

DRIVE-THRU RESTAURANT, FAST FOOD

2787 London Groveport Rd, Grove City, OH 43123-9035

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Value Estimation
$340,000

2,343 SF

2607 London Groveport Rd

FINANCIAL BUILDING

2607 London Groveport Rd, Grove City, OH 43123-9844

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Value Estimation
$785,000

10,600 SF

2005 Stringtown Rd

DRIVE-THRU RESTAURANT, FAST FOOD

2005 Stringtown Rd, Grove City, OH 43123-3900

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Value Estimation by Request
1,125 SF

3391 Mcdowell Rd

Retail properties & Spaces

3391 Mcdowell Rd, Grove City, OH 43123

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Value Estimation by Request

1726 Stringtown Rd

Individual retail properties

1726 Stringtown Rd, Grove City, OH 43123

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Value Estimation by Request
96,589 SF

2165-2259 Stringtown Rd

Neighborhood centers

2165-2259 Stringtown Rd, Grove City, OH 43123

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C-2 zoning and an existing NNN lease define this medical office and retail property.

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Similar Nearby for Lease

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Endcap retail space in a pedestrian-friendly shopping center with strong boulevard exposure and a front full-access turn-in.

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Retail Space at Signalized Intersection

NNN retail opportunity with convenient interstate access and exposure along a high-volume commercial roadway.

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Multi-Anchor Shopping Center

The retail property includes several anchors alongside a broad mix of specialty and service tenants.

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2986 London Groveport Rd Grove City, OH 43123