Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,870,000
Specialty properties
4242 Hoover Rd Grove City, OH 43123-3625
Individually Owned
4-yr Hold
Property ID
US66-2788931
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
2021
Construction
WOOD
Total area
11,960 SF
Lot
3.59 ac (156,250 SF)
APN
040-005551
UPID
US66-2788931
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
-
Schoedinger Funeral Home-Grove City Social Service Agency
-
Schoedinger Norris Grove City Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.87M
Owner & transaction history
Sci North Carolina Funeral Services · 4 yrs held
Sci North Carolina Funeral Services
since 2021
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
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 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
$4,710,000
ML approach
$4,770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.87M
Range $4.38M – $5.36M · ±10% · vs last sale $5.00M (Dec 21 2021)
Last sale anchor
$5.00M
Dec 21 2021
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
$407 / 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
$69,576
Tax year 2023
Assessed value
$926,280
Assessed 2023
Previous assessed
$926,280
+0.0% YoY
Effective rate
7.51%
On assessed value
Assessed land
$304,050
Assessed improvement
$622,230
Land market value
$868,700
Improvement market value
$1,777,800
Total market value
$2,646,500
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
2021
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Units
1
Rooms
7
Bathrooms
2
Total area
11,960 SF
Lot
3.59 ac (156,250 SF)
APN
040-005551
UPID
US66-2788931
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
Building & site characteristics
From public records
Year built
2021
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
7
Bathrooms
2
Lot
3.59 ac
Current owner
From public records · entity-resolved
Sci North Carolina Funeral Services
Individual
Mailing address
1929 ALLEN PKWY, HOUSTON, TX 77019-2506
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2021
$5,000,000
Sci North Carolina Funeral Services
Rkm Real Estate LLC
Limited Warranty Deed
—
Jan 5, 2021
—
Rkm Real Estate LLC
Rami Properties LLC
Correction Deed
related
$1,951,000 · Fifth Third Bank
Dec 1, 2020
—
Rkm Real Estate LLC
Rami Properties LLC
Quit Claim Deed
related
—
Dec 21, 2018
$550,000
Rami Properties LLC
Grau,mathew C & Kimbra K
Warranty Deed
—
Jul 2, 2013
$302,500
Mathew C Grau
Norris Stanley E Trust
Warranty Deed
$241,600 · Heartland Bank
Apr 1, 2011
—
Norris Stanley E Trust
Norris,stanley E
Quit Claim Deed
related
—
Dec 28, 2001
—
Grove City (oh)
Mary J Norris Trustee
Grant Deed
related
—
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?”
You own 4242 Hoover Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
