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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Retail space
956 Waggoner Rd 962 Blacklick, OH 43004-7911
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US66-3372310
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
5,464 SF
Lot
2.2 ac (95,701 SF)
APN
515-223504
UPID
US66-3372310
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
$1.12M
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$810k
Owner & transaction history
Gbs Waggoner LLC · 15 yrs held
Gbs Waggoner LLC
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$900,000
+31.9%
Neighborhood: shopping center
$895,000
+31.3%
Medical building
$820,000
+20.4%
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 Blacklick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blacklick 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%
$1,215,000
6.5%
$1,120,000
7%
$1,040,000
Alternative Use
Use
Estimation
RETAIL STORES
$685,000
Current use
AUTO REPAIR, GARAGE
$900,000
Change: +32% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$895,000
Change: +31% · Conversion: Moderate
MEDICAL BUILDING
$820,000
Change: +20% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$790,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$750,000
Change: +10% · Conversion: Easy
COMMERCIAL (GENERAL)
$550,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$810k
Range $729k – $891k · ±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
$148 / 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
$60,294
Tax year 2023
Assessed value
$940,250
Assessed 2023
Previous assessed
$770,040
+22.1% YoY
Effective rate
6.41%
On assessed value
Assessed land
$301,460
Assessed improvement
$638,790
Land market value
$861,300
Improvement market value
$1,825,100
Total market value
$2,686,400
Applied tax rate
515.0000
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
2006
Heating
GAS
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
7
Bathrooms
2
Total area
5,464 SF
Lot
2.2 ac (95,701 SF)
APN
515-223504
UPID
US66-3372310
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
$685,000
AUTO REPAIR, GARAGE
Est. value
$900,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$895,000
MEDICAL BUILDING
Est. value
$820,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$790,000
OFFICE BUILDING
Est. value
$750,000
COMMERCIAL (GENERAL)
Est. value
$550,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2006
Heating
GAS
Cooling
Yes
Stories
1
Buildings
2
Rooms
7
Bathrooms
2
Lot
2.2 ac
Current owner
From public records · entity-resolved
Gbs Waggoner LLC
Entity
Mailing address
PO BOX 91183, COLUMBUS, OH 43209-7183
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2022
—
Gbs Waggoner LLC
—
Deed
related
$2,500,000 · The Croghan Colonial Bank
May 13, 2011
$1,450,000
Gbs Waggoner LLC
Cri Swap LLC
Deed Of Trust
$1,800,000 · Farmers Citizens Bank
Oct 21, 2010
—
Cri Swap LLC
—
Deed Of Trust
related
$1,500,000 · First Bexley Bank
Sep 17, 2010
—
Cri Swap LLC
Waggoner Arc LLC
Grant Deed
—
Feb 17, 2010
—
Waggoner Arc LLC
—
Deed Of Trust
related
$5,618,416 · Fahey Banking Co
Apr 10, 2006
$1,125,000
Waggoner Arc LLC
Fvjj LLC
Warranty Deed
$956,250 · The Delaware County Bank And Trust
Jan 30, 2003
—
Fvjj LLC
Holding Corp
Grant Deed
related
—
Jan 17, 2003
$435,000
Holding Corp Of Ohio
Riverbend Homes INC
Grant Deed
—
—
—
Gbs Waggoner LLC
—
Deed Of Trust
related
$2,400,000 · Croghan Colonial Bk
—
—
Waggoner Arc LLC
—
Deed Of Trust
related
$3,800,000 · Citizens Federal Bank Fsb
—
—
Gbs Waggoner LLC
—
Deed Of Trust
related
$450,000 · Fcbank
—
—
Waggoner Arc LLC
—
Deed Of Trust
related
$300,000 · Lynn A Greer
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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