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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Community centers
961 Johnstown Rd 979 Gahanna, OH 43230-1851
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1693026
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2000
Total area
18,400 SF
Lot
2.26 ac (98,620 SF)
APN
025-013445
UPID
US66-1693026
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
-
State Farm Insurance Agency
-
Sea Moss Heaven (Bike/Boat/Book/etc) Store Specialty Food Shop
-
James Reed - State Farm Insurance Agent Insurance Agency
-
Orion Tax Relief Law Firm
-
Wyandot Credit Repair Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.64M
Blend (final)
Blend
$1.55M
Owner & transaction history
Atc Ponderosa K LLC · 1 yrs held
Atc Ponderosa K LLC
since 2024
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.5M
+24.9%
Office building
$2.5M
+24.7%
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 Gahanna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gahanna 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
NEIGHBORHOOD: SHOPPING CENTER
$1,990,000
Current use
MEDICAL BUILDING
$2,485,000
Change: +25% · Conversion: Difficult
OFFICE BUILDING
$2,480,000
Change: +25% · Conversion: Moderate
RETAIL STORES
$1,975,000
Change: -1% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,785,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±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
$84 / 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
$75,977
Tax year 2023
Assessed value
$915,990
Assessed 2023
Previous assessed
$808,500
+13.3% YoY
Effective rate
8.29%
On assessed value
Assessed land
$345,170
Assessed improvement
$570,820
Land market value
$986,200
Improvement market value
$1,630,900
Total market value
$2,617,100
Applied tax rate
25.0000
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
2000
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
18,400 SF
Lot
2.26 ac (98,620 SF)
APN
025-013445
UPID
US66-1693026
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.5M
RETAIL STORES
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
2000
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
2.26 ac
Current owner
From public records · entity-resolved
Atc Ponderosa K LLC
Entity
Mailing address
PO BOX 495, MARION, OH 43301-0495
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2024
—
Atc Ponderosa K LLC
The Forum Center LLC
Deed
—
Jul 18, 2024
—
Ld Acquisition Company 19 LLC
—
Deed
related
—
May 6, 2021
—
Ld Acquistioin Company 19 LLC
—
Deed
related
$277,500,000 · Whitney Bank
—
—
Forum Center LLC
—
Deed Of Trust
related
$471,591 · Heartland Bank
—
—
Forum Center LLC
—
Deed Of Trust
related
$67,000 · Heartland Bank
—
—
Forum Center LLC
—
Deed Of Trust
related
$2,144,000 · Peoples Bk
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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