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Property profile & analytics
OFF-MARKET
Estimated value
$10,380,000
Warehouses
3655 Brookham Dr Grove City, OH 43123-4852
Entity Owned
9-yr Hold
Free & Clear
Property ID
US66-2567753
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1994
Total area
287,104 SF
Lot
15.38 ac (669,735 SF)
APN
040-007212
UPID
US66-2567753
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
-
Marne Plastics LLC Factory Production Facility
-
Transpere LLC Recycling Center Waste Management Facility
-
Franklin Electric Co., Inc. Water Treatment Supplier
-
Buckeye Bottles, LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.78M
Blend (final)
Blend
$10.38M
Owner & transaction history
City Of Grove City · 9 yrs held
City Of Grove City
since 2017
7 recorded transactions
Zoning & alternative use
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.38M
Range $9.34M – $11.42M · ±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
$36 / 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
$417,986
Tax year 2023
Assessed value
$5,564,090
Assessed 2023
Previous assessed
$4,854,610
+14.6% YoY
Effective rate
7.51%
On assessed value
Assessed land
$484,330
Assessed improvement
$5,079,760
Land market value
$1,383,800
Improvement market value
$14,513,600
Total market value
$15,897,400
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
Off-Market
Year built
1994
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
287,104 SF
Lot
15.38 ac (669,735 SF)
APN
040-007212
UPID
US66-2567753
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
Building & site characteristics
From public records
Year built
1994
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
15.38 ac
Current owner
From public records · entity-resolved
City Of Grove City
Entity
Free & Clear · 9 yrs held
Mailing address
4445 LK FRST DR STE #250, BLUE ASH, OH 45242-3739
Ownership since
2017
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
Apr 11, 2017
—
City Of Grove City
Denali Ohio Brookham Industria
Grant Deed
related
—
Jun 9, 2016
—
Denali Ohio Brookham Indl LLC
—
Deed
related
$6,020,000 · Miscellaneous Ins Co
Feb 26, 2016
$12,040,000
Denali Ohio Brookham Indl LLC
Midwest Southpark IV Indl LLC
Grant Deed
—
Dec 19, 2013
—
Midwest Southpark IV Indl LLC
Industrial Southpark Owner LLC
Deed In Lieu Of Foreclosure
related
—
Jan 25, 2007
$52,404,000
Industrial Southpark Owner LLC
Us Industrial Reit
Limited Warranty Deed
—
Jul 25, 2002
$8,450,000
Us Industrial Reit
Southpark IV LLC
Grant Deed
—
—
—
Denali Ohio Brookham Indl LLC
—
Deed Of Trust
related
$6,020,000 · Miscellaneous Ins Co
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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