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Property profile & analytics
OFF-MARKET
Estimated value
$5,270,000
Manufacturing properties
6399 Shier Rings Rd, Dublin, OH 43016-3213
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-4327163
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2013
Total area
50,000 SF
Lot
5.98 ac (260,271 SF)
APN
274-001572
UPID
US66-4327163
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
-
Sertek LLC Industrial Manufacturer Production Facility
-
Graybar Elec Co. General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.28M
Blend (final)
Blend
$5.27M
Owner & transaction history
Graybar Electric Company INC · 4 yrs held
Graybar Electric Company INC
since 2021
Last sale
$5.3M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.2M
+105.1%
Neighborhood: shopping center
$8.2M
+104.0%
Medical building
$7.5M
+87.1%
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
$4,945,000
ML approach
$5,645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,020,000
Current use
AUTO REPAIR, GARAGE
$8,245,000
Change: +105% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,200,000
Change: +104% · Conversion: Difficult
MEDICAL BUILDING
$7,520,000
Change: +87% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,250,000
Change: +80% · Conversion: Difficult
RETAIL STORES
$6,250,000
Change: +55% · Conversion: Moderate
OFFICE BUILDING
$5,210,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$5.27M
Range $4.74M – $5.80M · ±10% · vs last sale $5.25M (Nov 2 2021)
Last sale anchor
$5.25M
Nov 2 2021
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
$105 / 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
$145,982
Tax year 2023
Assessed value
$1,837,430
Assessed 2023
Previous assessed
$1,837,430
+0.0% YoY
Effective rate
7.94%
On assessed value
Assessed land
$409,920
Assessed improvement
$1,427,510
Land market value
$1,171,200
Improvement market value
$4,078,600
Total market value
$5,249,800
Applied tax rate
274.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2013
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
6
Bathrooms
2
Total area
50,000 SF
Lot
5.98 ac (260,271 SF)
APN
274-001572
UPID
US66-4327163
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
INDUSTRIAL (GENERAL) Current
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$8.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.2M
MEDICAL BUILDING
Est. value
$7.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.3M
RETAIL STORES
Est. value
$6.3M
OFFICE BUILDING
Est. value
$5.2M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
OFFICE BUILDING
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
2013
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
6
Bathrooms
2
Lot
5.98 ac
Current owner
From public records · entity-resolved
Graybar Electric Company INC
Entity
Free & Clear · 4 yrs held
Mailing address
34 N MERAMEC AVE, CLAYTON, MO 63105-3844
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2021
$5,250,500
Graybar Electric Company INC
Sertek LLC
Limited Warranty Deed
—
May 14, 2021
$13,650
City Of Dublin
Sertek LLC
Warranty Deed
—
Jun 17, 2013
$845,000
Sertek LLC
Avery Lake Investments LLC
Warranty Deed
$2,770,433 · Insight Bank
Aug 10, 2004
$876,000
Avery Lake Vincent LLC
Vincent Realty LLC
Warranty Deed
related
$807,000 · Commerce Nat'l 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.
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