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Property profile & analytics
FOR LEASE
Strip malls
3700 Riverside Dr, Upper Arlington, OH 43221
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1296758
For Lease
1 / 7
$34 SF/Yr
3700 Riverside Dr, Upper Arlington, OH 43221
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1966
Total area
4,331 SF
Lot
3.99 ac (173,979 SF)
Zoning code
2821
APN
070-014363
UPID
US66-1296758
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
$2.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.49M
Owner & transaction history
Golden Bear Development LLC · 2 yrs held
Golden Bear Development LLC
since 2023
Last sale
$2.5M
5 recorded transactions
Zoning & alternative use
2821 · Upper Arlington, 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 Upper Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Upper Arlington 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
$2,460,000
ML approach
$2,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.49M
Range $2.24M – $2.73M · ±10% · vs last sale $2.50M (Jul 17 2023)
Last sale anchor
$2.50M
Jul 17 2023
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
$574 / 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
$102,150
Tax year 2023
Assessed value
$1,267,780
Assessed 2023
Previous assessed
$1,359,260
-6.7% YoY
Effective rate
8.06%
On assessed value
Assessed land
$917,390
Assessed improvement
$350,390
Land market value
$2,621,100
Improvement market value
$1,001,100
Total market value
$3,622,200
Applied tax rate
70.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1966
Heating
YES
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
4,331 SF
Lot
3.99 ac (173,979 SF)
Zoning code
2821
APN
070-014363
UPID
US66-1296758
Jurisdiction
FRANKLIN
Zoning & alternative use
2821 · Upper Arlington, OH
Zoning 2821 · permitted uses
2821 · Upper Arlington, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Upper Arlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
3.99 ac
Current owner
From public records · entity-resolved
Golden Bear Development LLC
Entity
Mailing address
417 GLN ECHO CIR, COLUMBUS, OH 43202-2419
Ownership since
2023
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
Aug 26, 2025
—
Golden Bear Development LLC
—
Deed
related
$7,505,591 · Gb One LLC
Jul 17, 2023
$2,500,000
Golden Bear Development LLC
Gb One LLC
Warranty Deed
—
Jul 17, 2023
—
Golden Bear Development LLC
Gb One LLC
Warranty Deed
—
Sep 1, 2009
—
Gb One LLC
—
Deed Of Trust
related
$2,450,000 · Farmers Citizens Bank
Jul 31, 2000
$3,800,000
Gb One LLC
Riverside & Fishinger LLC
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.
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