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Property profile & analytics
OFF-MARKET
Estimated value
$28,415,000
Office buildings
5455 Rings Rd 5475 Dublin, OH 43017-3573
Entity Owned
9-yr Hold
Free & Clear
Property ID
US66-0861912
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1997
Total area
301,872 SF
Lot
20.16 ac (878,257 SF)
APN
273-008241
UPID
US66-0861912
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
-
ECI Software Solutions (Bike/Boat/Book/etc) Store Corporate Office
-
Toni A. Ansley CPA New York Life Financial Advisor
-
Mg Tech Support Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Philadelphia Insurance Companies Financial Advisor Insurance Agency
-
ATRIUM Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$29.41M
Blend (final)
Blend
$28.42M
Owner & transaction history
Dpc1 LP · 9 yrs held
Dpc1 LP
since 2017
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$45.4M
+56.7%
Apartment house (5+ units)
$43.8M
+51.1%
Retail stores
$37.7M
+30.2%
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
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
$28,970,000
Current use
MEDICAL BUILDING
$45,405,000
Change: +57% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$43,760,000
Change: +51% · Conversion: Easy
RETAIL STORES
$37,725,000
Change: +30% · Conversion: Moderate
COMMERCIAL (GENERAL)
$30,300,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$28.42M
Range $25.57M – $31.26M · ±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
$94 / 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
$1,181,612
Tax year 2023
Assessed value
$13,214,260
Assessed 2023
Previous assessed
$11,620,120
+13.7% YoY
Effective rate
8.94%
On assessed value
Assessed land
$1,566,640
Assessed improvement
$11,647,620
Land market value
$4,476,100
Improvement market value
$33,278,900
Total market value
$37,755,000
Applied tax rate
273.0000
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
1997
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
5
Total area
301,872 SF
Lot
20.16 ac (878,257 SF)
APN
273-008241
UPID
US66-0861912
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
$29.0M
MEDICAL BUILDING
Est. value
$45.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$43.8M
RETAIL STORES
Est. value
$37.7M
COMMERCIAL (GENERAL)
Est. value
$30.3M
OFFICE BUILDING Current
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
1997
Heating
YES
Cooling
Yes
Stories
5
Buildings
1
Lot
20.16 ac
Current owner
From public records · entity-resolved
Dpc1 LP
Entity
Free & Clear · 9 yrs held
Mailing address
5555 PARKCENTER CIR STE #101, DUBLIN, OH 43017-7501
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2017
$54,000,000
Dpc1 LP
Bre Of Coh Oh LLC
Grant Deed
—
Dec 22, 2011
$109,545,000
Bre Of Coh Oh LLC
Duke Realty Ohio
Grant Deed
$194,779,959 · General Elec Cap
Sep 21, 2001
$8,175,600
Banc Of America Facilities
Duke Weeks Realty Ltd
Grant Deed
related
—
Sep 21, 2001
—
Paul A Depascale
Banc Of America Facilities
Grant Deed
related
—
Apr 10, 2001
—
Duke-weeks Realty LP
Norman A Essey Trustee
Grant Deed
related
—
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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