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Property profile & analytics
OFF-MARKET
Estimated value
$2,370,000
Office buildings
3499 Main St, Hilliard, OH 43026-1319
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-2430229
Property summary
AI-generated overview
This exceptional single-tenant office building, located at 3499 Main St in Hilliard, Ohio, presents a unique investment opportunity. Boasting 11,891 square feet of well-designed space, this 2004-constructed building sits on a 1.3-acre lot and offers ample parking with 44 spaces. The property's strategic location at the intersection of Main St and Heritage Club Dr ensures high visibility, with over 23,000 vehicles passing daily. A large monument sign directly off Main Street provides exceptional exposure for any business. The building is zoned commercial and features a single story design. The asking price is $2,499,000, or the property can be leased at $17 per square foot, NNN. Its convenient location offers easy access to nearby parks, retail establishments, and restaurants, enhancing its appeal to both employees and clients. This property is ideal for businesses seeking a prominent and functional space in a thriving Ohio community. The zip code is 43026.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
WOOD
Total area
11,746 SF
Lot
1.31 ac (57,020 SF)
APN
050-010079
UPID
US66-2430229
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
-
Hilliard OH Homes Homes for Sale Hilliard OH - Will Gagnon Red One Realty Real Estate Agency
-
Hart, Greg - HER Realtors Real Estate Agency
-
Jamie Roberts, Realtors HER, Columbus, Ohio Real Estate Agency
-
Kara Barnhart, HER, REALTORS Real Estate Agency
-
Taylor Hart Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.47M
CAP Approach
CAP
$2.38M
Comparable Approach
Comparable
$2.26M
Blend (final)
Blend
$2.37M
Owner & transaction history
3499 Main LLC · 1 yrs held
3499 Main LLC
since 2025
Last sale
$2.4M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+65.6%
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 Hilliard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hilliard 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
$2,430,000
ML approach
$2,465,000
CAP Approach
CAP Return
Estimation
6%
$2,570,000
6.5%
$2,375,000
7%
$2,205,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,060,000
Current use
RESTAURANT
$3,415,000
Change: +66% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,935,000
Change: -6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,925,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$1,765,000
Change: -14% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,705,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.37M
Range $2.13M – $2.61M · ±10% · vs last sale $2.35M (Mar 25 2025)
Last sale anchor
$2.35M
Mar 25 2025
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
$202 / 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
$50,981
Tax year 2023
Assessed value
$623,360
Assessed 2023
Previous assessed
$577,500
+7.9% YoY
Effective rate
8.18%
On assessed value
Assessed land
$263,450
Assessed improvement
$359,910
Land market value
$752,700
Improvement market value
$1,028,300
Total market value
$1,781,000
Applied tax rate
50.0000
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
2004
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
11,746 SF
Lot
1.31 ac (57,020 SF)
APN
050-010079
UPID
US66-2430229
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
OFFICE BUILDING Current
Est. value
$2.1M
RESTAURANT
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL 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
2004
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
3499 Main LLC
Entity
Mailing address
132 SHEPPARD AVE W #100, N YORK ONTARIO M N M, CA
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2025
$2,350,000
3499 Main LLC
Hisnher LLC
Deed
$2,115,000 · Wesbanco Bank INC
Oct 11, 2013
$1,950,000
Hisnher LLC
Her Real Living-hilliard Inv L
Grant Deed
related
—
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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