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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Manufacturing properties
895 Walnut St Canal Winchester, OH 43110-9436
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-2364857
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1974
Construction
WOOD
Total area
5,640 SF
Lot
2.01 ac (87,556 SF)
Zoning code
895
APN
184-000629
UPID
US66-2364857
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
-
O'Neil Tents Rentals And Manufacturing Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$750k
Blend (final)
Blend
$575k
Owner & transaction history
Carolina Properties LLC · 4 yrs held
Carolina Properties LLC
since 2022
1 recorded transaction
Zoning & alternative use
895 · Canal Winchester, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$930,000
+105.1%
Neighborhood: shopping center
$925,000
+104.0%
Medical building
$850,000
+87.1%
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 Canal Winchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canal Winchester 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$455,000
Current use
AUTO REPAIR, GARAGE
$930,000
Change: +105% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$925,000
Change: +104% · Conversion: Difficult
MEDICAL BUILDING
$850,000
Change: +87% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$820,000
Change: +80% · Conversion: Difficult
OFFICE BUILDING
$775,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$705,000
Change: +55% · Conversion: Moderate
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$102 / 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
$15,547
Tax year 2023
Assessed value
$208,500
Assessed 2023
Previous assessed
$201,260
+3.6% YoY
Effective rate
7.46%
On assessed value
Assessed land
$63,000
Assessed improvement
$145,500
Land market value
$180,000
Improvement market value
$415,700
Total market value
$595,700
Applied tax rate
184.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
3
Stories
1
Total area
5,640 SF
Lot
2.01 ac (87,556 SF)
Zoning code
895
APN
184-000629
UPID
US66-2364857
Jurisdiction
FRANKLIN
Zoning & alternative use
895 · Canal Winchester, OHZoning 895 · permitted uses
895 · Canal Winchester, OH
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
INDUSTRIAL (GENERAL) Current
Est. value
$455,000
AUTO REPAIR, GARAGE
Est. value
$930,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$925,000
MEDICAL BUILDING
Est. value
$850,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$820,000
OFFICE BUILDING
Est. value
$775,000
RETAIL STORES
Est. value
$705,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RETAIL STORES
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
1974
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
2.01 ac
Current owner
From public records · entity-resolved
Carolina Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
895 W WALNUT ST, CANAL WINCHESTER, OH 43110-9436
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
$431,300
Carolina Properties LLC
Dennis Ritchey
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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