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Property profile & analytics
OFF-MARKET
Estimated value
$6,020,000
Automotive properties
5887 Mdws Dr Grove City, OH 43123-8604
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-4143933
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2014
Total area
40,232 SF
Lot
11.75 ac (512,004 SF)
APN
040-009552
UPID
US66-4143933
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
$5.60M
Blend (final)
Blend
$6.02M
Owner & transaction history
Gcd Exchange Co LLC · 7 yrs held
Gcd Exchange Co LLC
since 2018
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 Grove City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grove City 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
AUTO REPAIR, GARAGE
$6,635,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,600,000
Change: -1% · Conversion: Difficult
MEDICAL BUILDING
$6,050,000
Change: -9% · Conversion: Difficult
OFFICE BUILDING
$6,020,000
Change: -9% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,830,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$6.02M
Range $5.42M – $6.62M · ±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
$150 / 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
$37,369
Tax year 2023
Assessed value
$2,231,160
Assessed 2023
Previous assessed
$2,049,400
+8.9% YoY
Effective rate
1.67%
On assessed value
Assessed land
$255,400
Assessed improvement
$1,975,760
Land market value
$729,700
Improvement market value
$5,645,000
Total market value
$6,374,700
Applied tax rate
40.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2014
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
40,232 SF
Lot
11.75 ac (512,004 SF)
APN
040-009552
UPID
US66-4143933
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
AUTO REPAIR, GARAGE Current
Est. value
$6.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.6M
MEDICAL BUILDING
Est. value
$6.1M
OFFICE BUILDING
Est. value
$6.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.8M
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2014
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
11.75 ac
Current owner
From public records · entity-resolved
Gcd Exchange Co LLC
Entity
Free & Clear · 7 yrs held
Mailing address
427 S HAMILTON RD, COLUMBUS, OH 43213-2035
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2018
—
Gcd Exchange Co LLC
General Equity INC
Quit Claim Deed
related
—
Aug 12, 2015
$427,800
Trivium Grove City LLC
Gcd Exchange Co LLC
Grant Deed
—
Oct 16, 2013
$1,606,000
Gcd Exchange Co LLC
Fr Investment Properties LLC
Grant Deed
—
Oct 16, 2013
—
Fr Investment Properties LLC
First Industrial Inv II LLC
Grant Deed
related
—
Dec 29, 2009
—
Fr Investment Properties LLC
First Industrial Inv INC
Warranty Deed
—
Jul 7, 2006
$960,000
First Industrial Dev Svcs INC
Pco Gateway
Grant Deed
—
May 23, 2005
$14,814,500
Pco Gateway
Metropolitan Life Insurance
Grant Deed
$40,000,000 · American National Insurance Co
Mar 3, 1998
$1,189,500
Metropolitan Life Insurance
Ironwood Properties 11 Ltd
Grant 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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