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Property profile & analytics
OFF-MARKET
Estimated value
$2,730,000
Retail space
3931 Trueman Blvd 3939 Hilliard, OH 43026-2495
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US66-1255506
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
25,380 SF
Lot
2.24 ac (97,444 SF)
APN
050-009925
UPID
US66-1255506
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
-
Louis Appiah-Kubi Physician Medical Clinic
-
Block Advisors Tax Preparation
-
Jacqueline Young Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.36M
Blend (final)
Blend
$2.73M
Owner & transaction history
Central Park Hilliard II LLC · 18 yrs held
Central Park Hilliard II LLC
since 2007
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.5M
+40.5%
Auto repair, garage
$4.2M
+31.9%
Neighborhood: shopping center
$4.2M
+31.3%
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 Hilliard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hilliard 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
Alternative Use
Use
Estimation
RETAIL STORES
$3,170,000
Current use
OFFICE BUILDING
$4,455,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,185,000
Change: +32% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,165,000
Change: +31% · Conversion: Moderate
MEDICAL BUILDING
$3,815,000
Change: +20% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,680,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,550,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$2.73M
Range $2.46M – $3.00M · ±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
$108 / 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
$100,864
Tax year 2023
Assessed value
$1,233,310
Assessed 2023
Previous assessed
$1,288,780
-4.3% YoY
Effective rate
8.18%
On assessed value
Assessed land
$343,290
Assessed improvement
$890,020
Land market value
$980,800
Improvement market value
$2,542,900
Total market value
$3,523,700
Applied tax rate
50.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
25,380 SF
Lot
2.24 ac (97,444 SF)
APN
050-009925
UPID
US66-1255506
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
RETAIL STORES Current
Est. value
$3.2M
OFFICE BUILDING
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.2M
MEDICAL BUILDING
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$2.6M
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
2006
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
2.24 ac
Current owner
From public records · entity-resolved
Central Park Hilliard II LLC
Entity
Mailing address
94 S 13TH ST, PITTSBURGH, PA 15203-1254
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2007
$3,880,000
Central Park Hilliard II LLC
Central Park Ventures II LLC
Warranty Deed
$3,850,000 · Red Capital Commercial Funding LLC Red Capital Commercial Funding LLC
Feb 9, 2006
$1,700,000
Central Park Ventures II LLC
Central Park Ltd
Warranty Deed
$4,080,000 · National Cty Bk/nw
Feb 3, 2006
—
City Of Hilliard Ohio
Central Park Ltd
Warranty Deed
—
Jun 29, 2005
$1,900,000
Central Park Ventures LLC
Central Park Ltd
Warranty Deed
$4,180,000 · National Cty Bk/nw
Apr 1, 2005
—
Newton Oldacre Mcdonald LLC
Central Park Ltd
Warranty Deed
—
—
—
Ziman Central Park LLC
—
Deed Of Trust
related
$4,250,000 · Morgan Stanley Mtg Cap
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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