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Property profile & analytics
OFF-MARKET
Estimated value
$12,455,000
Commercial real estate
360 Waggoner Rd Reynoldsburg, OH 43068-9707
Entity Owned
16-yr Hold
Free & Clear
Property ID
US66-1123071
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Total area
76,040 SF
Lot
69.71 ac (3,036,393 SF)
APN
067-000008
UPID
US66-1123071
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
-
Waggoner Road Junior High High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.85M
Comparable Approach
Comparable
$14.69M
Blend (final)
Blend
$12.46M
Owner & transaction history
Franklin County Commissioners · 16 yrs held
Franklin County Commissioners
since 2009
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$12.5M
+64.3%
Neighborhood: shopping center
$12.5M
+63.4%
Medical building
$11.4M
+49.8%
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 Reynoldsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reynoldsburg 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,830,000
6.5%
$11,845,000
7%
$11,000,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,635,000
Current use
AUTO REPAIR, GARAGE
$12,535,000
Change: +64% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$12,475,000
Change: +63% · Conversion: Difficult
MEDICAL BUILDING
$11,435,000
Change: +50% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$11,025,000
Change: +44% · Conversion: Moderate
RETAIL STORES
$10,170,000
Change: +33% · Conversion: Easy
OFFICE BUILDING
$8,130,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$12.46M
Range $11.21M – $13.70M · ±10%
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
$164 / 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
$1,951
Tax year 2023
Assessed value
$11,564,040
Assessed 2023
Previous assessed
$10,027,570
+15.3% YoY
Effective rate
0.02%
On assessed value
Assessed land
$2,365,650
Assessed improvement
$9,198,390
Land market value
$6,759,000
Improvement market value
$26,281,100
Total market value
$33,040,100
Applied tax rate
67.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2004
Heating
YES
Cooling
CENTRAL
Buildings
4
Stories
1
Rooms
5
Bathrooms
1
Total area
76,040 SF
Lot
69.71 ac (3,036,393 SF)
APN
067-000008
UPID
US66-1123071
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
COMMERCIAL (GENERAL) Current
Est. value
$7.6M
AUTO REPAIR, GARAGE
Est. value
$12.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.5M
MEDICAL BUILDING
Est. value
$11.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.0M
RETAIL STORES
Est. value
$10.2M
OFFICE BUILDING
Est. value
$8.1M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
OFFICE BUILDING
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
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Rooms
5
Bathrooms
1
Lot
69.71 ac
Current owner
From public records · entity-resolved
Franklin County Commissioners
Entity
Free & Clear · 16 yrs held
Mailing address
7244 E MAIN ST, REYNOLDSBURG, OH 43068-2014
Ownership since
2009
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
Aug 6, 2009
—
Franklin County Commissioners
Board Of Education/reynoldsburg C
Warranty Deed
—
Apr 11, 2008
—
Franklin County Commissioners
Board Of Education/reynoldsburg C
Warranty Deed
—
Jan 29, 2003
—
Board Of Education Of Reynoldl
Reyno Holding Co
Quit Claim 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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