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Property profile & analytics
OFF-MARKET
Auto shops
601 Hl N Rd Pickerington, OH 43147-7985
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-1231195
Property summary
AI-generated overview
This exceptional investment opportunity presents a 2,042 square foot special purpose property located at 601 Hill Road N, Pickerington, Ohio 43147. Built in 1960 and renovated in 2010, this property sits on a substantial 30,492 square foot lot. Currently leased to Enterprise Rent-A-Car, a Fortune 500 company, this offering provides a stable and predictable income stream via a triple net (NNN) lease. The asking price is $790,000, translating to a price per square foot of $386.88. The entire 2,042 square feet is net rentable. This property is ideally suited for 1031 exchange investors seeking a secure, long-term investment with a blue-chip tenant. Detailed lease and financial information will be provided upon execution of a Non-Disclosure Agreement by qualified buyers. Please do not disturb the tenants on-site. This is a prime opportunity to acquire a well-established, successful business in a desirable location. The property's strong tenant history and favorable lease terms make it an attractive addition to any investment portfolio. Serious inquiries only.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1960
Construction
STEEL FRAME
Total area
3,578 SF
Lot
0.71 ac (30,710 SF)
APN
041-02475.11
UPID
US66-1231195
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
-
Enterprise Rent-A-Car Car Rental Facility
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
City Of Pickerington · 4 yrs held
City Of Pickerington
since 2022
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 Pickerington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pickerington 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 2022Property tax & assessments
Tax year 2022
Tax billed
$6,999
Tax year 2022
Assessed value
$96,320
Assessed 2023
Previous assessed
$96,320
+0.0% YoY
Effective rate
7.27%
On assessed value
Assessed land
$49,440
Assessed improvement
$46,880
Land market value
$141,270
Improvement market value
$133,930
Total market value
$275,200
Applied tax rate
41.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1960
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
3,578 SF
Lot
0.71 ac (30,710 SF)
APN
041-02475.11
UPID
US66-1231195
Jurisdiction
FAIRFIELD
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
1960
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
City Of Pickerington
Entity
Mailing address
1209 HL RD N, PICKERINGTON, OH 43147-7008
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2026
—
591 Hill Road North LLC
—
Deed
related
$290,000 · Kemba Financial Credit Union
Feb 9, 2022
—
City Of Pickerington
591 Hill Road North LLC
Quit Claim Deed
related
—
Jul 20, 2021
—
591 Hill Road North LLC
—
Deed
related
$125,000 · Earnest M Conant Etal
Apr 13, 2021
—
City Of Pickerington
591 Hill Road North LLC
Correction Deed
related
—
Mar 10, 2021
—
591 Hill Road North LLC
—
Deed
related
$606,784 · Merchants National Bank
Dec 15, 2020
—
591 Hill Road North LLC
—
Deed
related
$300,000 · Merchants National Bank
Feb 24, 2020
—
City Of Pickerington Qhio
591 Hill Road North LLC
Quit Claim Deed
related
—
Oct 10, 2018
$350,000
591 Hill Road North LLC
Taranto Suzanne Trust
Grant Deed
$200,000 · Earnest M Conant
—
—
Taranto,suzanne Trust
—
Deed Of Trust
related
$60,000 · Us Bk
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.
Try Rey
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