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Property profile & analytics
FOR LEASE
Warehouses
4001 Gantz Rd Grove City, OH 43123
Entity Owned
6-yr Hold
Free & Clear
Property ID
US66-2342836
For Lease
Contact for pricing
4001 Gantz Rd, Grove City, OH 43123
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Total area
293,824 SF
Lot
39.61 ac (1,725,281 SF)
APN
040-009659
UPID
US66-2342836
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
-
RJ Schinner Co. - Grove City, Ohio Big Box & Wholesale Store
-
Eagle Warehouse & Logistics Warehouse & Storage
-
New Age Electronics Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$35.66M
Blend (final)
Blend
$29.46M
Owner & transaction history
Bcore Denal Oh Owner LLC · 6 yrs held
Bcore Denal Oh Owner LLC
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$48.4M
+115.7%
Neighborhood: shopping center
$48.2M
+114.6%
Medical building
$44.2M
+96.7%
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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$22,465,000
Current use
AUTO REPAIR, GARAGE
$48,445,000
Change: +116% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$48,195,000
Change: +115% · Conversion: Moderate
MEDICAL BUILDING
$44,195,000
Change: +97% · Conversion: Difficult
OFFICE BUILDING
$43,970,000
Change: +96% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$42,595,000
Change: +90% · Conversion: Difficult
RETAIL STORES
$36,720,000
Change: +63% · Conversion: Moderate
Blend value · Realmo final
$29.46M
Range $26.51M – $32.40M · ±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
$100 / 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
$1,087,138
Tax year 2023
Assessed value
$14,460,040
Assessed 2023
Previous assessed
$11,816,010
+22.4% YoY
Effective rate
7.52%
On assessed value
Assessed land
$1,253,560
Assessed improvement
$13,206,480
Land market value
$3,581,600
Improvement market value
$37,732,800
Total market value
$41,314,400
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
For Lease
Year built
1995
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
293,824 SF
Lot
39.61 ac (1,725,281 SF)
APN
040-009659
UPID
US66-2342836
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
WAREHOUSE, STORAGE Current
Est. value
$22.5M
AUTO REPAIR, GARAGE
Est. value
$48.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$48.2M
MEDICAL BUILDING
Est. value
$44.2M
OFFICE BUILDING
Est. value
$44.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$42.6M
RETAIL STORES
Est. value
$36.7M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1995
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
39.61 ac
Current owner
From public records · entity-resolved
Bcore Denal Oh Owner LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 2980, CHICAGO, IL 60690-2980
Ownership since
2019
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
Jun 4, 2025
—
Bcore Denali Oh Owner LLC
—
Deed
related
$100,000 · German American Capital Corp
May 19, 2020
—
Bcore Denali Oh Owner LLC
—
Deed
related
$311,116,750 · Capital One NA
Feb 24, 2020
—
Bcore Denali Oh Owner LLC
—
Deed
related
$160,055,500 · Capital One NA
Oct 16, 2019
$39,600,000
Bcore Denal Oh Owner LLC
Dugan Realty LLC
Limited Warranty Deed
—
—
—
Bcore Denali Oh Owner LLC
—
Loan Modification
related
$160,055,500 · Capital One NA
—
—
Bcore Denali Oh Owner LLC
—
Deed Of Trust
related
$311,116,750 · Capital One NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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