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Property profile & analytics
FOR LEASE
Outlet malls
901 Hebron Rd Heath, OH 43056
Entity Owned
7-yr Hold
Free & Clear
Property ID
US66-1739965
For Lease
1 / 3
Contact for pricing
901 Hebron Rd, Heath, OH 43056
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Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1996
Total area
30,408 SF
Lot
4.45 ac (193,842 SF)
APN
030-088236-00.000
UPID
US66-1739965
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
$3.14M
Blend (final)
Blend
$3.46M
Owner & transaction history
Hebron Rd Holdings LLC · 7 yrs held
Hebron Rd Holdings LLC
since 2019
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.8M
+114.2%
Office building
$3.1M
+37.5%
Auto repair, garage
$2.4M
+9.4%
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 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
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
RETAIL STORES
$2,220,000
Current use
RESTAURANT
$4,750,000
Change: +114% · Conversion: Easy
OFFICE BUILDING
$3,050,000
Change: +37% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,425,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,405,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$3.46M
Range $3.11M – $3.81M · ±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
$114 / 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
$88,398
Tax year 2023
Assessed value
$1,638,560
Assessed 2023
Previous assessed
$1,638,560
+0.0% YoY
Effective rate
5.39%
On assessed value
Assessed land
$689,080
Assessed improvement
$949,480
Land market value
$1,968,800
Improvement market value
$2,712,800
Total market value
$4,681,600
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
1996
Heating
NONE
Stories
1
Total area
30,408 SF
Lot
4.45 ac (193,842 SF)
APN
030-088236-00.000
UPID
US66-1739965
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.2M
RESTAURANT
Est. value
$4.8M
OFFICE BUILDING
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.4M
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1996
Heating
NONE
Stories
1
Lot
4.45 ac
Current owner
From public records · entity-resolved
Hebron Rd Holdings LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 400, ETNA, OH 43018-0400
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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 22, 2022
—
Hebron Rd Holdings LLC
—
Deed
related
$3,400,000 · Telhio Cu INC
Apr 30, 2019
—
Hebron Rd Holdings LLC
Whitehead Michael H
Warranty Deed
related
—
Mar 6, 2019
—
Hebron Rd Holdings LLC
Hebron Rd Holdings LLC
Quit Claim Deed
—
Jun 5, 2018
$4,500,000
Hebron Rd Holdings LLC
Farnsworth Holdings Ltd
Warranty Deed
$3,600,000 · First Commonwealth Bank
Dec 17, 2009
—
Farnsworth Holdings Ltd
—
Deed Of Trust
related
$4,100,000 · Pnc 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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