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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Office Spaces
4600 Leap Ct Hilliard, OH 43026-9822
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US66-2426255
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1988
Construction
WOOD
Total area
5,483 SF
Lot
0.12 ac (5,053 SF)
APN
050-004074
UPID
US66-2426255
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
-
Hilliard Square Family Med Physician
-
Kline Angela M Employment Agency
-
Krishna Rayapudi, MD Physician
-
Gastro Office Medical Clinic
-
Rohan Modi, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$673k
Blend (final)
Blend
$610k
Owner & transaction history
Osho Avenue LLC · 8 yrs held
Osho Avenue LLC
since 2017
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 Hilliard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hilliard 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$965,000
Current use
AUTO REPAIR, GARAGE
$905,000
Change: -6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$900,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$825,000
Change: -14% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$795,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$610k
Range $549k – $671k · ±10%
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
$111 / 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
$15,203
Tax year 2023
Assessed value
$185,890
Assessed 2023
Previous assessed
$183,750
+1.2% YoY
Effective rate
8.18%
On assessed value
Assessed land
$20,510
Assessed improvement
$165,380
Land market value
$58,600
Improvement market value
$472,500
Total market value
$531,100
Applied tax rate
50.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
5,483 SF
Lot
0.12 ac (5,053 SF)
APN
050-004074
UPID
US66-2426255
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
OFFICE BUILDING Current
Est. value
$965,000
AUTO REPAIR, GARAGE
Est. value
$905,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$900,000
MEDICAL BUILDING
Est. value
$825,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$795,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1988
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Osho Avenue LLC
Entity
Mailing address
4600 LEAP CT #2, HILLIARD, OH 43026-9822
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2025
—
Osho Avenue LLC
—
Deed
related
$250,000 · Park National Bank
Dec 20, 2022
—
Osho Avenue LLC
—
Deed
related
$753,000 · Community Capital Development Corpotatio
Aug 21, 2020
—
Osho Avenue LLC
—
Deed
related
$753,000 · Park National Bank
Nov 30, 2017
$460,000
Osho Avenue LLC
4600 Leap Court Ltd
Limited Warranty Deed
$490,000 · Berkshire Bank
Aug 31, 2001
—
Hilliard City (oh)
4600 Leap Court Ltd
Grant Deed
related
—
May 30, 2001
$685,000
4600 Leap Court Ltd
Doctors Physician Practice
Grant Deed
$548,000 · Bankfirst
Dec 10, 1998
$521,000
Doctors Physician Practice
Dh Family Practice Center
Grant Deed
—
Dec 31, 1997
$296,000
D H Family Practice Center Vii
Hilliard Square Medical Center
Grant Deed
—
—
—
4600 Leap Court Ltd
—
Deed Of Trust
related
$500,000 · Cooper St Bank
—
—
4600 Leap Court Ltd
—
Deed Of Trust
related
$640,000 · Unizan Bank NA
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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