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Property profile & analytics
OFF-MARKET
Estimated value
$2,090,000
Retail space
780 State St 792 Westerville, OH 43081-3300
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US66-0878306
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Total area
11,920 SF
Lot
1.54 ac (67,300 SF)
APN
080-001422
UPID
US66-0878306
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
-
United Midwest Savings Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.45M
Comparable Approach
Comparable
$2.32M
Blend (final)
Blend
$2.09M
Owner & transaction history
United Midwest Savings Bank NA · 8 yrs held
United Midwest Savings Bank NA
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+132.6%
Medical building
$2.1M
+38.0%
Auto repair, garage
$2.0M
+31.9%
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 Westerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westerville 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%
$2,645,000
6.5%
$2,445,000
7%
$2,270,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,490,000
Current use
RESTAURANT
$3,465,000
Change: +133% · Conversion: Easy
MEDICAL BUILDING
$2,055,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,965,000
Change: +32% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,955,000
Change: +31% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,730,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$1,475,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$2.09M
Range $1.88M – $2.30M · ±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
$65,776
Tax year 2023
Assessed value
$800,700
Assessed 2023
Previous assessed
$1,050,010
-23.7% YoY
Effective rate
8.21%
On assessed value
Assessed land
$276,990
Assessed improvement
$523,710
Land market value
$791,400
Improvement market value
$1,496,300
Total market value
$2,287,700
Applied tax rate
80.0000
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
2007
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
11,920 SF
Lot
1.54 ac (67,300 SF)
APN
080-001422
UPID
US66-0878306
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
RETAIL STORES Current
Est. value
$1.5M
RESTAURANT
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.5M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
OFFICE 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
2007
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
1.54 ac
Current owner
From public records · entity-resolved
United Midwest Savings Bank NA
Entity
Mailing address
6460 BUSCH BLVD STE #200, COLUMBUS, OH 43229-1737
Ownership since
2018
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
Jul 17, 2018
$3,000,000
United Midwest Savings Bank NA
State Street Investors LLC
Grant Deed
—
Dec 28, 2006
$1,449,200
State Street Investors LLC
Guernsey Bank
Warranty Deed
—
Sep 6, 2001
$625,000
Guernsey Bank Fsb
Bcp LLC
Grant Deed
related
—
Sep 8, 2000
$507,000
Brauvin Capital Partners LLC
Brauvin High Yield Fund LP
Grant Deed
related
—
—
—
State Street Investors LLC
—
Loan Modification
related
$350,000 · First Bexley Bk
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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