Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$16,925,000
Medical Office Space
7450 Hospital Dr Dublin, OH 43016-9642
Entity Owned
Free & Clear
Property ID
US66-3416748
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Total area
96,840 SF
Lot
45.57 ac (1,985,029 SF)
APN
273-011780
UPID
US66-3416748
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
-
Midwest Breast & Aesthetic Surgery: Springfield Medical Clinic
-
Ergun Kocak, M.D. Physician Medical Clinic
-
Digestive Diseases Consultants Medical Clinic
-
Dr. James P. Fulop, MD Physician Medical Clinic
-
ChargePoint Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.75M
Comparable Approach
Comparable
$20.70M
Blend (final)
Blend
$16.93M
Owner & transaction history
Ohiohealth Corporation
Ohiohealth Corporation
since 2025
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$28.2M
+93.3%
Auto repair, garage
$16.0M
+9.6%
Neighborhood: shopping center
$15.9M
+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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,975,000
6.5%
$14,745,000
7%
$13,690,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$14,565,000
Current use
RESTAURANT
$28,150,000
Change: +93% · Conversion: Difficult
AUTO REPAIR, GARAGE
$15,965,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$15,885,000
Change: +9% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$14,040,000
Change: -4% · Conversion: Moderate
RETAIL STORES
$12,100,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$16.93M
Range $15.23M – $18.62M · ±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
$175 / 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
$491,023
Tax year 2023
Assessed value
$65,586,510
Assessed 2023
Previous assessed
$53,300,710
+23.0% YoY
Effective rate
0.75%
On assessed value
Assessed land
$4,744,640
Assessed improvement
$60,841,870
Land market value
$13,556,100
Improvement market value
$173,833,900
Total market value
$187,390,000
Applied tax rate
273.0000
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
2007
Heating
YES
Cooling
CENTRAL
Buildings
4
Stories
4
Total area
96,840 SF
Lot
45.57 ac (1,985,029 SF)
APN
273-011780
UPID
US66-3416748
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
$14.6M
RESTAURANT
Est. value
$28.2M
AUTO REPAIR, GARAGE
Est. value
$16.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.0M
RETAIL STORES
Est. value
$12.1M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
2007
Heating
YES
Cooling
Yes
Stories
4
Buildings
4
Lot
45.57 ac
Current owner
From public records · entity-resolved
Ohiohealth Corporation
Entity
Free & Clear · 0 yrs held
Mailing address
1087 DENNISON AVE, COLUMBUS, OH 43201-3201
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2025
—
Ohiohealth Corporation
Acme Holding Company
Quitclaim Deed
related
—
May 9, 2006
—
Ohiohealth Corp
Hospital Properties INC
Warranty Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7450 Hospital Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
