Back to Search
Property profile & analytics
FOR LEASE
Warehouses
3555 Gantz Rd Grove City, OH 43123
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-3565731
For Lease
1 / 3
Contact for pricing
3555 Gantz Rd, Grove City, OH 43123
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2017
Total area
221,616 SF
Lot
10.62 ac (462,738 SF)
APN
040-007213
UPID
US66-3565731
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
$18.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$22.76M
Blend (final)
Blend
$18.80M
Owner & transaction history
3555 Partners LLC · 2 yrs held
3555 Partners LLC
since 2024
Last sale
$18.8M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$27.7M
+63.5%
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
$18,800,000
ML approach
$18,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$16,945,000
Current use
RETAIL STORES
$27,695,000
Change: +63% · Conversion: Moderate
Blend value · Realmo final
$18.80M
Range $16.92M – $20.68M · ±10% · vs last sale $18.80M (Mar 5 2024)
Last sale anchor
$18.80M
Mar 5 2024
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
$85 / 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
$34,001
Tax year 2023
Assessed value
$6,134,950
Assessed 2023
Previous assessed
$6,134,950
+0.0% YoY
Effective rate
0.55%
On assessed value
Assessed land
$401,560
Assessed improvement
$5,733,390
Land market value
$1,147,300
Improvement market value
$16,381,100
Total market value
$17,528,400
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2017
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
221,616 SF
Lot
10.62 ac (462,738 SF)
APN
040-007213
UPID
US66-3565731
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
$16.9M
RETAIL STORES
Est. value
$27.7M
WAREHOUSE, STORAGE Current
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
2017
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
10.62 ac
Current owner
From public records · entity-resolved
3555 Partners LLC
Entity
Free & Clear · 2 yrs held
Mailing address
29532 SOUTHFIELD RD STE #201, SOUTHFIELD, MI 48076-2023
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2024
$18,800,000
3555 Partners LLC
American National Insurance Company
Limited Warranty Deed
—
Jan 6, 2021
$17,528,400
American Natl Ins Co LLC
Pizzuti Southpark Xx LLC
Grant Deed
—
Aug 11, 2017
$903,000
Pizzuti Southpark Xx LLC
Pizzuti Land LLC
Grant Deed
related
$7,350,000 · Associated Bk NA
Mar 31, 2011
—
Pizzuti Land LLC
—
Trustees Deed
related
$1,800,000 · Fifth Third Bank
Nov 2, 1998
$640,800
Bulk Xii Co
Pdi Columbus III LP
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
