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Property profile & analytics
OFF-MARKET
Estimated value
$9,500,000
Warehouses
4425 Marketing Pl Groveport, OH 43125-9556
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-5847438
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Total area
59,098 SF
Lot
0.19 ac (8,233 SF)
APN
185-001363
UPID
US66-5847438
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
$12.83M
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
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$9.7M
+85.4%
Neighborhood: shopping center
$9.7M
+84.4%
Medical building
$8.9M
+69.1%
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%
$13,895,000
6.5%
$12,830,000
7%
$11,910,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$9,745,000
Change: +85% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$9,695,000
Change: +84% · Conversion: Moderate
MEDICAL BUILDING
$8,890,000
Change: +69% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,565,000
Change: +63% · Conversion: Difficult
OFFICE BUILDING
$8,120,000
Change: +55% · Conversion: Difficult
RETAIL STORES
$7,385,000
Change: +41% · Conversion: Moderate
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
$161 / 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
$460
Tax year 2023
Assessed value
$6,650
Assessed 2023
Previous assessed
$5,360
+24.1% YoY
Effective rate
6.92%
On assessed value
Assessed land
$6,650
Land market value
$19,000
Total market value
$19,000
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
1995
Heating
NONE
Cooling
YES
Total area
59,098 SF
Lot
0.19 ac (8,233 SF)
APN
185-001363
UPID
US66-5847438
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
AUTO REPAIR, GARAGE
Est. value
$9.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.7M
MEDICAL BUILDING
Est. value
$8.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.6M
OFFICE BUILDING
Est. value
$8.1M
RETAIL STORES
Est. value
$7.4M
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
NONE
Cooling
Yes
Lot
0.19 ac
Current owner
From public records · entity-resolved
Komar Industries LLC
Entity
Free & Clear · 2 yrs held
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
7 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 18, 2009
$1,225,000
Lamako Properties LLC
Ohio Rentals LLC
Warranty Deed
$980,000 · First City Bank
Jul 18, 2008
$1,525,000
Ohio Rentals LLC
Betlin INC
Warranty Deed
$1,372,500 · Century National Bank
Jun 2, 2003
$1,100,000
Sealy Ohio LP
—
Grant Deed
related
—
Aug 1, 1997
$1,586,000
Prime Columbus Industrial LLC
Ab Reo II LLC
Trustees Deed
—
Aug 1, 1997
—
Prime Columbus Industrial LLC
—
Deed Of Trust
related
$2,000,000 · Allied Capital Commercial Corp
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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