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Property profile & analytics
OFF-MARKET
Estimated value
$1,640,000
Warehouses
4091 Venture Pl Groveport, OH 43125-9287
Entity Owned
~
Est. High Equity
Property ID
US66-0709615
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
19,968 SF
Lot
1.76 ac (76,666 SF)
APN
185-001397
UPID
US66-0709615
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
-
F5 Facility Services Ohio HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.67M
Blend (final)
Blend
$1.64M
Owner & transaction history
4091 Venture Place LLC
4091 Venture Place LLC
since 2025
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.5M
+40.5%
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
$1,660,000
ML approach
$1,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,775,000
Current use
RETAIL STORES
$2,495,000
Change: +41% · Conversion: Moderate
Blend value · Realmo final
$1.64M
Range $1.48M – $1.80M · ±10% · vs last sale $1.59M (Apr 11 2022)
Last sale anchor
$1.59M
Apr 11 2022
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
$82 / 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
$24,295
Tax year 2023
Assessed value
$351,400
Assessed 2023
Previous assessed
$351,400
+0.0% YoY
Effective rate
6.91%
On assessed value
Assessed land
$63,980
Assessed improvement
$287,420
Land market value
$182,800
Improvement market value
$821,200
Total market value
$1,004,000
Applied tax rate
185.0000
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
1987
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
19,968 SF
Lot
1.76 ac (76,666 SF)
APN
185-001397
UPID
US66-0709615
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
$1.8M
RETAIL STORES
Est. value
$2.5M
WAREHOUSE, STORAGE Current
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
1987
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
4091 Venture Place LLC
Entity
Mailing address
4091 VENTURE PL, GROVEPORT, OH 43125-9287
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Jul 24, 2025
$1,970,000
4091 Venture Place LLC
Rrg Venture Place LLC
Deed
$1,871,500 · Wesbanco Bank INC
Apr 11, 2022
$1,590,000
Rrg Venture Place LLC
Johnny L Jenkins
Warranty Deed
$1,650,000 · Meridian Bank
Jul 28, 2011
$695,000
Johnny L Jenkins
Dcr Real Estate III Sub I LLC
Grant Deed
$595,000 · Huntington National Bank
Sep 30, 2009
—
Dcr Real Estate III Sub I LLC
—
Deed Of Trust
related
$7,000,000 · Nexity Bank
Aug 12, 2009
$480,000
Dcr Mortgage III Sub I LLC
Sheriff Of Franklin County
Trustees Deed
related
—
Dec 8, 2008
$19,886
American Tax Funding LLC
Treasurer Of Franklin County
Tax Deed
related
—
Nov 23, 2007
$41,351
American Tax Funding LLC
Treasurer Of Franklin County
Trustees Deed
related
—
Aug 9, 2005
—
Wireless Capital Partners LLC
—
Deed Of Trust
related
$125,000,000 · Halifax Plc
Jun 2, 1997
$685,000
Judith C Zell
Cipriano,kay A
Grant Deed
$750,000 · Fifth Third Bank Columbus
—
—
Judith C Zell
—
Deed Of Trust
related
$900,000 · Fifth Third Bank Central Ohio
—
—
Judith C Zell
—
Deed Of Trust
related
$150,000 · Fifth Third Bank Central Ohio
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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