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Property profile & analytics
OFF-MARKET
Office buildings
818 Hebron Rd Heath, OH 43056-1356
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-0648910
Property summary
AI-generated overview
This exceptional 3,514 square foot office space is available for lease in Heath, Ohio, situated on Hebron Road (SR 79). The property features a single-tenant occupancy, ideal for a business seeking a dedicated and private workspace. The office boasts a single, spacious room with the added benefit of double-sided signage for enhanced visibility and brand exposure. A convenient restroom is included within the premises. Utilities are partially covered, with water and trash removal included in the monthly rent. Ample parking is available for employees and clients, ensuring convenient access to the property. The monthly rental rate is $600. The property's address is 818 Hebron Road, Heath, OH 43056, and its APN is 030-099630-00.000. This location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the Heath area. The property is conveniently located near the intersection of Hebron Road and Wayne Street. This is a fantastic opportunity for a business seeking a cost-effective and well-located office space.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Total area
1,746 SF
Lot
0.27 ac (11,761 SF)
APN
030-099630-00.000
UPID
US66-0648910
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hebron Rd LLC · 5 yrs held
Hebron Rd LLC
since 2021
Last sale
$285,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Heath submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Heath 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,538
Tax year 2023
Assessed value
$102,660
Assessed 2023
Previous assessed
$102,660
+0.0% YoY
Effective rate
5.39%
On assessed value
Assessed land
$56,700
Assessed improvement
$45,960
Land market value
$162,000
Improvement market value
$131,300
Total market value
$293,300
Applied tax rate
30.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1972
Heating
NONE
Stories
1
Total area
1,746 SF
Lot
0.27 ac (11,761 SF)
APN
030-099630-00.000
UPID
US66-0648910
Jurisdiction
LICKING
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Hebron Rd LLC
Entity
Mailing address
PO BOX 48, SAINT LOUISVILLE, OH 43071-0048
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2021
$285,000
Hebron Rd LLC
John T Ables
Warranty Deed
$228,000 · The Home Loan Savings Bank
Feb 4, 2019
$180,000
John T Ables
Sheriff Of Licking County|haynes W Scott Trust RT
Trustees Deed
related
—
Mar 7, 2011
—
Haynes,w Scott Trust
Haynes,w Scott & Sandra B
Quit Claim 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.
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