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Property profile & analytics
OFF-MARKET
Estimated value
$1,610,000
Community centers
87 Huber Vlg Blvd 91 Westerville, OH 43081-3311
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US66-2393850
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1976
Total area
39,185 SF
Lot
4.04 ac (176,026 SF)
Zoning code
87
APN
080-003746
UPID
US66-2393850
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
-
Planet Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.61M
Owner & transaction history
Select-westerville Plaza LLC · 10 yrs held
Select-westerville Plaza LLC
since 2016
5 recorded transactions
Zoning & alternative use
87 · Westerville, OH
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$41 / 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
$63,582
Tax year 2023
Assessed value
$774,000
Assessed 2023
Previous assessed
$799,760
-3.2% YoY
Effective rate
8.21%
On assessed value
Assessed land
$271,080
Assessed improvement
$502,920
Land market value
$774,500
Improvement market value
$1,436,900
Total market value
$2,211,400
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1976
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
39,185 SF
Lot
4.04 ac (176,026 SF)
Zoning code
87
APN
080-003746
UPID
US66-2393850
Jurisdiction
FRANKLIN
Zoning & alternative use
87 · Westerville, OH
Zoning 87 · permitted uses
87 · Westerville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westerville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
4.04 ac
Current owner
From public records · entity-resolved
Select-westerville Plaza LLC
Entity
Mailing address
202 S MAIN ST STE J, GRAHAM, NC 27253-3366
Ownership since
2016
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
Feb 10, 2016
$10,000,000
Select-westerville Plaza LLC
Garrison Ctrl II Westerville L
Grant Deed
$28,755,570 · Keybank USA
Mar 13, 2015
$10,750,000
Spmc I LLC
Garrison Ctrl II Westerville L
Grant Deed
related
$7,700,000 · Rialto Mtg Fin
Mar 11, 2015
—
Garrison Ctrl II Westerville L
Brooks Christopher
Quit Claim Deed
related
—
Jun 20, 2013
—
Garrison Ctrl II Westerville L
—
Deed Of Trust
related
$41,250,000 · Cit Finance LLC
Jan 7, 2013
$2,500,000
Garrison Ctrl II Westerville L
Gc Acquisition Corp
Grant Deed
—
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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