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Property profile & analytics
OFF-MARKET
Office buildings
4974 Cemetery Rd, Hilliard, OH 43026-1691
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1217516
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Construction
WOOD
Total area
2,133 SF
Lot
0.39 ac (16,771 SF)
Zoning code
4974
APN
050-000447
UPID
US66-1217516
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
-
ESI Elevator Services General Contractor Construction Company
-
Regent Homes Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Drax 1 LLC · 1 yrs held
Drax 1 LLC
since 2024
Last sale
$475,000
6 recorded transactions
Zoning & alternative use
4974 · Hilliard, OH
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,468
Tax year 2023
Assessed value
$91,320
Assessed 2023
Previous assessed
$67,620
+35.0% YoY
Effective rate
8.18%
On assessed value
Assessed land
$62,370
Assessed improvement
$28,950
Land market value
$178,200
Improvement market value
$82,700
Total market value
$260,900
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Units
1
Rooms
5
Bathrooms
1
Total area
2,133 SF
Lot
0.39 ac (16,771 SF)
Zoning code
4974
APN
050-000447
UPID
US66-1217516
Jurisdiction
FRANKLIN
Zoning & alternative use
4974 · Hilliard, OH
Zoning 4974 · permitted uses
4974 · Hilliard, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hilliard. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
5
Bathrooms
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Drax 1 LLC
Entity
Mailing address
4974 CEMETERY RD, HILLIARD, OH 43026-1691
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2024
$475,000
Drax 1 LLC
Richard N Devaney
Warranty Deed
—
Jul 20, 2018
—
Richard N Devaney
—
Trustees Deed
related
$25,000 · Buckeye St Bk
Nov 9, 2004
—
Richard N Devaney
Smith,deborah E
Quit Claim Deed
related
$184,000 · Commercial Savings Bank
—
—
Richard Devaney
—
Deed Of Trust
related
$55,000 · Huntington National Bank
—
—
Richard N Devaney
—
Deed Of Trust
related
$163,125 · Emerald Bank
—
—
Richard N Devaney
—
Deed Of Trust
related
$50,000 · Emerald Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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