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Property profile & analytics
OFF-MARKET
Office buildings
5420 Wakefield Dr, Hilliard, OH 43026-1759
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-4359036
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1961
Construction
WOOD
Total area
3,652 SF
Lot
0.19 ac (8,059 SF)
APN
050-000540
UPID
US66-4359036
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mw Properties LLC · 2 yrs held
Mw Properties LLC
since 2024
Last sale
$300,000
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
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
$6,896
Tax year 2023
Assessed value
$84,320
Assessed 2023
Previous assessed
$76,760
+9.8% YoY
Effective rate
8.18%
On assessed value
Assessed land
$24,820
Assessed improvement
$59,500
Land market value
$70,900
Improvement market value
$170,000
Total market value
$240,900
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
1961
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
5
Bathrooms
2
Total area
3,652 SF
Lot
0.19 ac (8,059 SF)
APN
050-000540
UPID
US66-4359036
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
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
5
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Mw Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2485 BUTTERCUP CT, SUNBURY, OH 43074-8612
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2024
$300,000
Mw Properties LLC
Anaya Residences LLC
Warranty Deed
—
Dec 21, 2021
—
Francisco Anaya
Anaya Residences LLC
Intrafamily Transfer
related
—
Dec 14, 2018
—
Anaya Residences LLC
Anaya,francisco
Quit Claim Deed
related
—
Jun 28, 2018
$261,100
Francisco A Tovar
Richard F Kruse Of Gryphon Ass
Grant Deed
—
May 25, 2007
$150,000
Latona Investments LLC
Tornik,george S & Colette E
Warranty Deed
$150,000 · Sam G & Shirley A Tornik
Nov 1, 2005
$100,000
George S Tornik
Tornik,sam G & Shirley A
Grant Deed
related
$100,000 · Sam G & Shirley A Tornik
May 6, 2005
$130,000
Sam G Tornik
Martin,gene E
Grant Deed
—
Dec 17, 2002
$125,000
Gene E Martin
Tornik,sam G & Shirley A
Grant Deed
—
—
—
Latona Investments LLC
—
Deed Of Trust
related
$280,000 · Commerce National Bank
—
—
Gene E Martin
—
Deed Of Trust
related
$50,000 · Fifth Third Bank Central Ohio
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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