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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Retail space
7635 Commerce Pl Plain City, OH 43064-9223
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-5902157
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
9,500 SF
Lot
2.71 ac (118,048 SF)
APN
15-0028004.7000
UPID
US66-5902157
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
-
Distinctive Marble & Granite Kitchen & Bath Showroom Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Commerce 13 LLC · 1 yrs held
Commerce 13 LLC
since 2024
Last sale
$514,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$800,000
+21.6%
Commercial (general)
$710,000
+8.0%
Medical building
$695,000
+5.5%
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 Plain City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plain City 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
$515,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$660,000
Current use
AUTO REPAIR, GARAGE
$800,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$710,000
Change: +8% · Conversion: Easy
MEDICAL BUILDING
$695,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $514k (Oct 31 2024)
Last sale anchor
$514k
Oct 31 2024
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
$54 / 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
$23,931
Tax year 2023
Assessed value
$464,590
Assessed 2023
Previous assessed
$464,590
+0.0% YoY
Effective rate
5.15%
On assessed value
Assessed land
$116,030
Assessed improvement
$348,560
Land market value
$331,500
Improvement market value
$995,890
Total market value
$1,327,390
Applied tax rate
15.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Heating
CENTRAL
Stories
1
Bathrooms
1
Total area
9,500 SF
Lot
2.71 ac (118,048 SF)
APN
15-0028004.7000
UPID
US66-5902157
Jurisdiction
UNION
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
RETAIL STORES Current
Est. value
$660,000
AUTO REPAIR, GARAGE
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$710,000
MEDICAL BUILDING
Est. value
$695,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL 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
2000
Heating
CENTRAL
Stories
1
Bathrooms
1
Lot
2.71 ac
Current owner
From public records · entity-resolved
Commerce 13 LLC
Entity
Mailing address
PO BOX 1206, POWELL, OH 43065-1206
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2026
—
Commerce 13 LLC
—
Deed
related
$5,000,000 · Farmers National Bank/canfield
Dec 27, 2024
—
Commerce 13 LLC
—
Deed
related
$1,733,375 · Premier Bank
Oct 31, 2024
—
Commerce 13 LLC
Commerce 13 LLC
Quitclaim Deed
related
—
Mar 11, 2020
—
Commerce 13 LLC
—
Deed
related
—
Mar 29, 2018
—
Commerce 13 LLC
—
Grant Deed
related
$3,925,000 · First Fed'l Bk/the Midwest
Sep 9, 2013
$514,000
Commerce 13 LLC
Marble & Granite Works LLC
Grant Deed
$500,000 · Lance White
Dec 27, 2010
—
Marble & Granite Works LLC
Lowes Home Centers INC
Grant Deed
—
Jun 18, 2008
$3,500,000
Lowes Home Centers INC
Watson,christopher M
Grant Deed
—
—
—
Commerce 13 LLC
—
Deed Of Trust
related
$7,500,000 · Private Individual
—
—
Commerce 13 LLC
—
Deed Of Trust
related
$2,800,000 · Perpetual Fsb/urbana
—
—
Commerce 13 LLC
—
Loan Modification
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.
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