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Property profile & analytics
OFF-MARKET
Estimated value
$5,520,000
Commercial land
3925 Hamilton Rd, Groveport, OH 43125-9198
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-5954135
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2007
Total area
31,126 SF
Lot
16.47 ac (717,303 SF)
APN
530-156578
UPID
US66-5954135
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
-
KFC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.85M
Comparable Approach
Comparable
$6.01M
Blend (final)
Blend
$5.52M
Owner & transaction history
Exchangeright Net Leased Portfolio · 3 yrs held
Exchangeright Net Leased Portfolio
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.1M
+189.6%
Auto repair, garage
$5.1M
+64.3%
Neighborhood: shopping center
$5.1M
+63.4%
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 Groveport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groveport 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%
$5,255,000
6.5%
$4,850,000
7%
$4,500,000
Alternative Use
Use
Estimation
RESTAURANT
$9,050,000
Change: +190% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,130,000
Change: +64% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,105,000
Change: +63% · Conversion: Difficult
MEDICAL BUILDING
$4,680,000
Change: +50% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,510,000
Change: +44% · Conversion: Moderate
OFFICE BUILDING
$4,280,000
Change: +37% · Conversion: Easy
RETAIL STORES
$3,890,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$5.52M
Range $4.97M – $6.07M · ±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
$177 / 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
$100,160
Tax year 2023
Assessed value
$1,727,880
Assessed 2023
Previous assessed
$1,579,380
+9.4% YoY
Effective rate
5.80%
On assessed value
Assessed land
$1,727,880
Land market value
$4,936,800
Total market value
$4,936,800
Applied tax rate
530.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
2007
Heating
NONE
Cooling
YES
Total area
31,126 SF
Lot
16.47 ac (717,303 SF)
APN
530-156578
UPID
US66-5954135
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
RESTAURANT
Est. value
$9.1M
AUTO REPAIR, GARAGE
Est. value
$5.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
MEDICAL BUILDING
Est. value
$4.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.5M
OFFICE BUILDING
Est. value
$4.3M
RETAIL STORES
Est. value
$3.9M
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2007
Heating
NONE
Cooling
Yes
Lot
16.47 ac
Current owner
From public records · entity-resolved
Exchangeright Net Leased Portfolio
Individual
Mailing address
1055 E COLORADO BLVD STE #310, PASADENA, CA 91106-2374
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2023
—
Exchangeright Net Leased Portfolio
Nnn Columbus Oh Owner LP
Assignment Of Lease (leasehold Sale)
$46,872,000 · Morgan Stanley Bank NA
Apr 20, 2021
—
Plaza Grb Hamilton Road LLC
Laurence G Ruben
Quit Claim Deed
related
—
Jan 12, 2012
$575,000
Slate Ridge Holdings LLC
Plaza Grb Hamilton Road LLC
Grant Deed
—
Jul 18, 2011
—
Ge Walnut Creek LP
—
Deed Of Trust
related
$14,100,000 · Ing Life Ins & Annunity Co
Sep 26, 2008
$450,000
Tim Donut Us Ltd INC
Plaza Grb Hamilton Road LLC
Grant Deed
—
May 16, 2008
$487,500
Sri Real Estate Properties LLC
Plaza Grb Hamilton Road LLC
Warranty Deed
—
Nov 5, 2007
$5,966,000
Echo/continental Hamilton 33 LLC
Plaza Grb Hamilton Road LLC
Limited Warranty Deed
—
Apr 9, 2007
$425,000
White Castle System INC
Plaza Grb Hamilton Road LLC
Warranty Deed
—
Aug 27, 2004
—
City Of Columbus Ohio
Plaza Grb Hamilton Road LLC
Warranty Deed
related
—
Jan 21, 2004
$37,000
Plaza Grb Hamilton Rd LLC
Ebright Investment Co LLC
Grant Deed
—
Jan 21, 2004
$3,168,000
Preserve At Winchester Xing Lc
Plaza Grb Hamilton Road LLC
Trustees Deed
$3,550,000 · Huntington National Bank
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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