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Entity Owned Property summary
This exceptional investment opportunity presents the Village Shoppes, a 5,940 square foot, 100% occupied, mixed-use property located at 490 Jefferson Ave, Plain City, OH 43064. The property boasts a strong 7.15% cap rate and a compelling $250.17 price per square foot. Built in 2007, this two-unit complex sits on a 0.78-acre lot and features a diverse tenant mix: Smile Works Family Dentistry and The Middlefield Banking Company, both operating under long-term (10-year) triple-net (NNN) leases… with corporate guarantees and rent bumps. The Middlefield Banking Company recently exercised an early lease renewal, demonstrating strong commitment to the location. The property benefits from its strategic location within the Columbus MSA, enjoying high visibility along South Jefferson Avenue (12,000 cars daily) and proximity to major interstates, providing easy access to Columbus and other Midwest cities. The surrounding area shows significant growth potential, with projected population and household increases exceeding 8% by 2028 and an average household income exceeding $116,000 within a 5-mile radius. The property is also conveniently located near national retailers such as McDonald's, Ace Hardware, and Dollar General, and adjacent to the Madison Meadows master-planned community (450+ homes at build-out). The parking lot is scheduled for resurfacing in the near future. This is a rare opportunity to acquire a high-performing, net-leased property in a thriving market with significant upside potential. The property's strong tenant base, favorable lease terms, and prime location make it an ideal addition to any investment portfolio. The Net Operating Income (NOI) is $106,282. The asking price is $1,486,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 8 properties nearbyComparable nearby
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 5,940 SF
- Lot area
- 0.78 ac
- Year built
- 2007
- Stories
- 1
- APN
- 04-00166.004
- Assessed value · 2023
- $221,730
- Annual tax · 2023
- $13,515
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
Our comps and market reports get this label in your Google results.
One click on Google
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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Still being built. It lands here next, beside the two above.
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