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Property profile & analytics
OFF-MARKET
Estimated value
$9,500,000
Manufacturing properties
4425 Marketing Pl Groveport, OH 43125-9556
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1335097
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1977
Total area
34,064 SF
Lot
2.62 ac (114,040 SF)
APN
185-001289
UPID
US66-1335097
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
-
Komar Industries Inc Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.50M
CAP Approach
CAP
$6.09M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.50M
Owner & transaction history
Komar Industries LLC · 2 yrs held
Komar Industries LLC
since 2024
Last sale
$9.5M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.9M
+261.5%
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
$9,500,000
ML approach
$9,500,000
CAP Approach
CAP Return
Estimation
6%
$6,595,000
6.5%
$6,090,000
7%
$5,655,000
Alternative Use
Use
Estimation
RESTAURANT
$9,900,000
Change: +262% · Conversion: Difficult
Blend value · Realmo final
$9.50M
Range $8.55M – $10.45M · ±10% · vs last sale $9.50M (Jan 2 2024)
Last sale anchor
$9.50M
Jan 2 2024
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
$279 / 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
$41,229
Tax year 2023
Assessed value
$596,330
Assessed 2023
Previous assessed
$543,350
+9.8% YoY
Effective rate
6.91%
On assessed value
Assessed land
$91,630
Assessed improvement
$504,700
Land market value
$261,800
Improvement market value
$1,442,000
Total market value
$1,703,800
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1977
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
34,064 SF
Lot
2.62 ac (114,040 SF)
APN
185-001289
UPID
US66-1335097
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
$9.9M
RESTAURANT
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
1977
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
2.62 ac
Current owner
From public records · entity-resolved
Komar Industries LLC
Entity
Mailing address
2600 VIA FORTUNA STE #260, AUSTIN, TX 78746-7991
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2024
—
Komar Industries LLC
Nl Ventures Xii Groveport LLC
Lease
—
Jan 2, 2024
$9,500,000
Nl Ventures Xii Groveport LLC
Komar Industries LLC
Limited Warranty Deed
—
Dec 14, 2021
—
Komar Industries LLC
—
Deed
related
$368,000,000 · Canadian Imperial Bank Of Commerce
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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