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Property profile & analytics
OFF-MARKET
Estimated value
$12,555,000
Office buildings
4600 Lakehurst Ct Dublin, OH 43016-3252
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-2218016
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1989
Total area
110,976 SF
Lot
17.19 ac (748,753 SF)
Zoning code
4725
APN
010-215390
UPID
US66-2218016
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.36M
Blend (final)
Blend
$12.56M
Owner & transaction history
Vision Daimler Tuttle Crossing LLC · 1 yrs held
Vision Daimler Tuttle Crossing LLC
since 2024
Last sale
$10.8M
4 recorded transactions
Zoning & alternative use
4725 · Dublin, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
19 008 Zoning Code Sections
Top alternative use upside
Auto repair, garage
$18.3M
+58.2%
Neighborhood: shopping center
$18.2M
+57.4%
Medical building
$16.7M
+44.3%
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 Dublin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dublin 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
$15,360,000
ML approach
$9,430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$11,565,000
Current use
AUTO REPAIR, GARAGE
$18,300,000
Change: +58% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$18,205,000
Change: +57% · Conversion: Difficult
MEDICAL BUILDING
$16,690,000
Change: +44% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$16,085,000
Change: +39% · Conversion: Easy
RETAIL STORES
$13,870,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$11,140,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$12.56M
Range $11.30M – $13.81M · ±10% · vs last sale $10.75M (Sep 19 2024)
Last sale anchor
$10.75M
Sep 19 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
$113 / 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
$1,408,617
Tax year 2023
Assessed value
$19,283,430
Assessed 2023
Previous assessed
$8,890,000
+116.9% YoY
Effective rate
7.30%
On assessed value
Assessed land
$1,650,990
Assessed improvement
$17,632,440
Land market value
$4,717,100
Improvement market value
$50,378,400
Total market value
$55,095,500
Applied tax rate
10.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1989
Heating
YES
Cooling
CENTRAL
Buildings
5
Stories
4
Total area
110,976 SF
Lot
17.19 ac (748,753 SF)
Zoning code
4725
APN
010-215390
UPID
US66-2218016
Jurisdiction
FRANKLIN
Zoning & alternative use
4725 · Dublin, OHZoning 4725 · permitted uses
4725 · Dublin, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
19 008 Zoning Code Sections
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$11.6M
AUTO REPAIR, GARAGE
Est. value
$18.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$18.2M
MEDICAL BUILDING
Est. value
$16.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.1M
RETAIL STORES
Est. value
$13.9M
COMMERCIAL (GENERAL)
Est. value
$11.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
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
1989
Heating
YES
Cooling
Yes
Stories
4
Buildings
5
Lot
17.19 ac
Current owner
From public records · entity-resolved
Vision Daimler Tuttle Crossing LLC
Entity
Mailing address
700 DRESHER RD STE #150, HORSHAM, PA 19044-0138
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2026
—
Tuttle Apartments I LLC
—
Deed
related
$47,500,000 · Us Bank NA
Dec 19, 2024
$10,751,400
Vision Daimler Tuttle Crossing LLC
Galaxy Oh LP
Deed
$10,700,000 · Kish Bank
Sep 26, 2022
$14,710,000
Galaxy Oh LP
The Gc Net Lease Dublin Investors L
Limited Warranty Deed
$736,000,000 · Jpmorgan Chase Bank NA
Mar 12, 2010
$38,100,000
Reit II-lakehurst Britto Wells
Duke Realty Ohio
Grant Deed
—
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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