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Property profile & analytics
OFF-MARKET
Estimated value
$5,785,000
Medical Office Space
765 Hamilton Rd Gahanna, OH 43230-8703
Entity Owned
Free & Clear
Property ID
US66-1957545
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1997
Total area
35,616 SF
Lot
1.12 ac (48,918 SF)
APN
025-001942
UPID
US66-1957545
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
-
Ohio Health Mammography Services Mammography Service
-
Elizabeth Yuen-Mei Auyang, MD Physician
-
Ohio Health Physical Therapy Medical Clinic
-
Mark Preston MD Physician Medical Clinic
-
Ashya Trotter Walden, LD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.95M
Comparable Approach
Comparable
$4.09M
Blend (final)
Blend
$5.79M
Owner & transaction history
Ohiohealth Corporation
Ohiohealth Corporation
since 2025
Last sale
$7.9M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.1M
+68.9%
Auto repair, garage
$5.7M
+17.4%
Apartment house (5+ units)
$5.2M
+7.4%
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 Gahanna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gahanna 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%
$7,520,000
6.5%
$6,945,000
7%
$6,450,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,810,000
Current use
RESTAURANT
$8,120,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,650,000
Change: +17% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,165,000
Change: +7% · Conversion: Moderate
OFFICE BUILDING
$4,800,000
Change: 0% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,850,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$5.79M
Range $5.21M – $6.36M · ±10% · vs last sale $7.87M (Jul 27 2025)
Last sale anchor
$7.87M
Jul 27 2025
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
$162 / 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
$119,548
Tax year 2023
Assessed value
$1,441,280
Assessed 2023
Previous assessed
$1,547,710
-6.9% YoY
Effective rate
8.29%
On assessed value
Assessed land
$137,030
Assessed improvement
$1,304,250
Land market value
$391,500
Improvement market value
$3,726,400
Total market value
$4,117,900
Applied tax rate
25.0000
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
1997
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
35,616 SF
Lot
1.12 ac (48,918 SF)
APN
025-001942
UPID
US66-1957545
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
$4.8M
RESTAURANT
Est. value
$8.1M
AUTO REPAIR, GARAGE
Est. value
$5.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.2M
OFFICE BUILDING
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1997
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Ohiohealth Corporation
Entity
Free & Clear · 0 yrs held
Mailing address
16435 N SCOTTSDALE RD STE #320, SCOTTSDALE, AZ 85254-1694
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2025
—
Ohiohealth Corporation
Acme Holding Company
Quitclaim Deed
related
—
Oct 27, 2025
$7,870,000
Ohiohealth Corporation
Hta Gahanna LLC
Deed
—
Oct 14, 2016
—
Hta-gahanna LLC
Hta-gahanna II LLC
Quit Claim Deed
related
—
Nov 22, 2004
$133,540
City Of Gahanna
Brasack II Ltd
Warranty Deed
—
Oct 13, 2004
$3,500,000
Brasack II Ltd
Hospital Properties INC
Grant Deed
$3,200,000 · Commerce National Bank
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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