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Property profile & analytics
OFF-MARKET
Estimated value
$6,330,000
Warehouses
6499 Adelaide Ct Groveport, OH 43125-9635
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US66-2156061
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Total area
613,995 SF
Lot
38.31 ac (1,668,696 SF)
APN
495-251715
UPID
US66-2156061
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
-
Petsmart Distribution Center Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.33M
Owner & transaction history
Exeter 6499 Adelaide LLC · 12 yrs held
Exeter 6499 Adelaide LLC
since 2014
6 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$10 / 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
$774,045
Tax year 2023
Assessed value
$8,643,710
Assessed 2023
Previous assessed
$8,750,000
-1.2% YoY
Effective rate
8.96%
On assessed value
Assessed land
$1,340,780
Assessed improvement
$7,302,930
Land market value
$3,830,800
Improvement market value
$20,865,500
Total market value
$24,696,300
Applied tax rate
495.0000
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
2000
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
613,995 SF
Lot
38.31 ac (1,668,696 SF)
APN
495-251715
UPID
US66-2156061
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
Building & site characteristics
From public records
Year built
2000
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
38.31 ac
Current owner
From public records · entity-resolved
Exeter 6499 Adelaide LLC
Entity
Mailing address
140 W GERMANTOWN PIKE STE #150, PLYMOUTH MEETING, PA 19462-1434
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2021
—
Big Box 6499 Adelaide LLC
—
Deed
related
$267,000,000 · Pgim Vip Mortgage Account LP
Oct 17, 2014
—
Exeter 6499 Adelaide LLC
—
Grant Deed
related
$55,375,000 · Miscellaneous Ins Co
Jun 3, 2014
$27,750,000
Exeter 6499 Adelaide LLC
Midwest Adelaide Court Indl L
Grant Deed
—
Dec 19, 2013
—
Adelaide Court Indl L Midwest
Industrial Pmt Owner LLC
Deed In Lieu Of Foreclosure
related
—
Jan 25, 2007
$25,442,300
Industrial Pmt Owner LLC
Us Industrial Reit
Limited Warranty Deed
$190,000,000 · Eurohypo Ag
Jul 2, 2002
$16,583,000
Us Industrial Reit
Rickenbacker/pm LLC
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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