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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Office buildings
3318 Columbus St, Grove City, OH 43123-2649
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-2716343
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
WOOD
Total area
2,040 SF
Lot
0.25 ac (10,846 SF)
Zoning code
3318
APN
040-000492
UPID
US66-2716343
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
-
Kavod Impact Center Business Service Center Corporate Office
-
Preferred Staffing of Ohio LLC Employment Agency
-
House of Hope (Bayith Tikvah) Church
-
2 Sticks International Charitable Organization Social Service Agency
-
Driver Leasing Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$890k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$725k
Owner & transaction history
Gcb Sp 1 LLC · 3 yrs held
Gcb Sp 1 LLC
since 2022
Last sale
$730,800
7 recorded transactions
Zoning & alternative use
3318 · Grove City, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$850,000
ML approach
$890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $731k (Aug 10 2022)
Last sale anchor
$731k
Aug 10 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
$355 / 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
$5,874
Tax year 2023
Assessed value
$78,200
Assessed 2023
Previous assessed
$65,520
+19.4% YoY
Effective rate
7.51%
On assessed value
Assessed land
$15,160
Assessed improvement
$63,040
Land market value
$43,300
Improvement market value
$180,100
Total market value
$223,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Units
3
Rooms
6
Bathrooms
3
Total area
2,040 SF
Lot
0.25 ac (10,846 SF)
Zoning code
3318
APN
040-000492
UPID
US66-2716343
Jurisdiction
FRANKLIN
Zoning & alternative use
3318 · Grove City, OH
Zoning 3318 · permitted uses
3318 · Grove City, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grove City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
3
Rooms
6
Bathrooms
3
Lot
0.25 ac
Current owner
From public records · entity-resolved
Gcb Sp 1 LLC
Entity
Mailing address
159 E LIVINGSTON AVE, COLUMBUS, OH 43215-5743
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2022
$730,800
Gcb Sp 1 LLC
3318 Columbus Street LLC
Limited Warranty Deed
—
Dec 1, 2010
$77,300
3318 Columbus Street LLC
Laws,stanley E
Warranty Deed
—
Sep 26, 2000
—
3318 Columbus Street LLC
Laws,james G
Grant Deed
related
—
—
—
3318 Columbus Street LLC
—
Deed Of Trust
related
$223,052 · Heartland Bank
—
—
3318 Columbus Street LLC
—
Deed Of Trust
related
$250,000 · Heartland Bank
—
—
3318 Columbus Street LLC
—
Deed Of Trust
related
$80,000 · Heartland Bank
—
—
3318 Columbus Street LLC
—
Deed Of Trust
related
$140,000 · Commerce 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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