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Property profile & analytics
OFF-MARKET
Estimated value
$9,765,000
Warehouses
5740 Grn Pointe N Dr Groveport, OH 43125-1094
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-5970728
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Total area
100,000 SF
Lot
8.73 ac (380,453 SF)
APN
185-003035
UPID
US66-5970728
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
-
Rivian Service Center Auto Repair Shop Vehicle Inspection Center
-
Harrell's Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.98M
Blend (final)
Blend
$9.77M
Owner & transaction history
Mdii F2 Columbus Green Pointe LLC · 4 yrs held
Mdii F2 Columbus Green Pointe LLC
since 2022
Last sale
$9.3M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$15.0M
+69.1%
Apartment house (5+ units)
$14.5M
+63.0%
Office building
$13.7M
+54.5%
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 Groveport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groveport 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
$9,710,000
ML approach
$10,760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,895,000
Current use
MEDICAL BUILDING
$15,040,000
Change: +69% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$14,495,000
Change: +63% · Conversion: Difficult
OFFICE BUILDING
$13,745,000
Change: +55% · Conversion: Difficult
RETAIL STORES
$12,495,000
Change: +41% · Conversion: Moderate
Blend value · Realmo final
$9.77M
Range $8.79M – $10.74M · ±10% · vs last sale $9.30M (Mar 11 2022)
Last sale anchor
$9.30M
Mar 11 2022
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
$98 / 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
$24,980
Tax year 2023
Assessed value
$2,516,650
Assessed 2023
Previous assessed
$1,700,240
+48.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$306,220
Assessed improvement
$2,210,430
Land market value
$874,900
Improvement market value
$6,315,500
Total market value
$7,190,400
Applied tax rate
185.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2021
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
100,000 SF
Lot
8.73 ac (380,453 SF)
APN
185-003035
UPID
US66-5970728
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
WAREHOUSE, STORAGE Current
Est. value
$8.9M
MEDICAL BUILDING
Est. value
$15.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.5M
OFFICE BUILDING
Est. value
$13.7M
RETAIL STORES
Est. value
$12.5M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RETAIL STORES
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
2021
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
8.73 ac
Current owner
From public records · entity-resolved
Mdii F2 Columbus Green Pointe LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 25059, ATLANTA, GA 30322-0029
Ownership since
2022
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
Feb 10, 2026
—
Mdh F2 Columbus Green Pointe LLC
—
Deed
related
$132,025,000 · Wells Fargo Bank NA
Jul 10, 2023
—
Mdh F2 Columbus Green Pointe LLC
—
Deed
related
$93,200,000 · Wells Fargo Bank NA
Jul 28, 2022
—
Mdh F2 Columbus Green Pointe LLC
—
Deed
related
$93,200,000 · Wells Fargo Bank NA
Mar 11, 2022
$9,300,000
Mdii F2 Columbus Green Pointe LLC
Greenpointe Flex Space LLC
Limited Warranty Deed
—
Apr 15, 2021
$330,000
Greenpointe Flex Space LLC
Radar Greenpointe LLC
Warranty Deed
—
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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