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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Medical Office Space
7334 Broad St Blacklick, OH 43004-9239
Entity Owned
25-yr Hold
Free & Clear
Property ID
US66-2351028
Property summary
AI-generated overview
This single-story, 10,878 square foot Class C medical office building, constructed in 2000, offers a fantastic leasing opportunity. Located at 7334 E. Broad Street in Blacklick, Ohio (zip code 43004), this multi-tenant property boasts 40 total parking spaces, providing ample convenience for patients and staff. Currently, 1,908 square feet of unfinished space is available for lease, ideal for a medical practice or related business. The space is designed to accommodate a reception area, individual offices, a conference room, and a break room, offering a functional and adaptable layout. The building's strategic location provides easy access to Mount Carmel East hospital, along with a variety of nearby retail establishments and restaurants. This property presents a unique chance to establish or expand a medical practice in a thriving and accessible area within Franklin County. The available space is ready for tenant build-out to suit specific needs. This is a single-story building.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Construction
WOOD
Total area
10,878 SF
Lot
1.76 ac (76,666 SF)
APN
520-248988
UPID
US66-2351028
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
-
Eastpoint Dental Dental Office
-
George Robert A DDS Dental Office
-
Eastpoint Dental: Jason A Kahan DDS Dental Office
-
Dr. Joseph J. Morriello, DDS Physician
-
Fred Sakamoto Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.66M
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.24M
Owner & transaction history
7334 EAST BROAD LLC
7334 EAST BROAD LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+9.6%
Neighborhood: shopping center
$1.8M
+9.1%
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 Blacklick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blacklick 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%
$1,795,000
6.5%
$1,655,000
7%
$1,540,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,635,000
Current use
AUTO REPAIR, GARAGE
$1,795,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,785,000
Change: +9% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,575,000
Change: -4% · Conversion: Moderate
OFFICE BUILDING
$1,495,000
Change: -9% · Conversion: Easy
RETAIL STORES
$1,360,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±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
$114 / 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
$42,879
Tax year 2023
Assessed value
$602,040
Assessed 2023
Previous assessed
$438,800
+37.2% YoY
Effective rate
7.12%
On assessed value
Assessed land
$273,700
Assessed improvement
$328,340
Land market value
$782,000
Improvement market value
$938,100
Total market value
$1,720,100
Applied tax rate
520.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Rooms
7
Bathrooms
1
Total area
10,878 SF
Lot
1.76 ac (76,666 SF)
APN
520-248988
UPID
US66-2351028
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
MEDICAL BUILDING Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1999
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Rooms
7
Bathrooms
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
7334 EAST BROAD LLC
Entity
Free & Clear · 0 yrs held
Mailing address
7334 E BROAD ST, BLACKLICK, OH 43004-9239
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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