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Property profile & analytics
OFF-MARKET
Estimated value
$10,515,000
Industrial land
Centerpoint Park Groveport, OH 43125
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-3883580
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
2013
Total area
542,800 SF
Lot
1.09 ac (47,306 SF)
APN
186-000186
UPID
US66-3883580
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
$9.08M
Blend (final)
Blend
$10.52M
Owner & transaction history
Cp One LLC · 7 yrs held
Cp One LLC
since 2019
7 recorded transactions
Zoning & alternative use
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 Groveport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groveport 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
Blend value · Realmo final
$10.52M
Range $9.46M – $11.57M · ±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
$19 / 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
$175
Tax year 2023
Assessed value
$2,520
Assessed 2023
Previous assessed
$34,200
-92.6% YoY
Effective rate
6.94%
On assessed value
Assessed land
$2,520
Land market value
$7,200
Total market value
$7,200
Applied tax rate
186.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
2013
Heating
NONE
Cooling
YES
Total area
542,800 SF
Lot
1.09 ac (47,306 SF)
APN
186-000186
UPID
US66-3883580
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
Building & site characteristics
From public records
Year built
2013
Heating
NONE
Cooling
Yes
Lot
1.09 ac
Current owner
From public records · entity-resolved
Cp One LLC
Entity
Free & Clear · 7 yrs held
Mailing address
328 CIVIC CTR DR, COLUMBUS, OH 43215-5087
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2022
—
Caribou 5235 W Pointe Drive LLC
—
Deed
related
$100,000 · New York Life Insurance Company
Mar 5, 2019
—
Cp One LLC
Exxcel Cp LLC
Quit Claim Deed
related
—
Mar 24, 2017
—
Centerpoint Busn Pk Owners Ass
Cp-one LLC
Quit Claim Deed
related
—
Mar 2, 2015
—
Centerpoint Busn Park Owners A
Cp One LLC
Grant Deed
—
Sep 26, 2013
—
Centerpoint IV LLC
—
Grant Deed
related
$27,135,000 · Mb Fin'l Bk
Aug 27, 2013
—
Centerpoint IV LLC
Cp One LLC
Grant Deed
related
—
Sep 21, 2012
—
Cp One LLC
Real Title Holdings LLC
Quit Claim Deed
related
—
May 30, 2012
$2,670,300
Cp One LLC
Centerpoint Investment LLC
Grant Deed
—
Jul 7, 2009
—
Centerpoint Investment LLC
—
Loan Modification, Consolidation And Extension
related
$11,869,031 · Huntington Nat'l Bk
Sep 19, 2008
—
Centerpoint Investment LLC
Kirco Acquisition LLC
Quit Claim Deed
related
—
Jun 22, 2007
$227,000
Kirco Acquisition LLC
Graham James A
Grant Deed
—
Feb 20, 2004
$2,150,000
Centerpoint Investment Corp
Graham Family Investment LLC
Grant Deed
—
Feb 20, 2004
—
Hummel Title Agency INC Ttee
Centerpoint Investment Corp
Quit Claim Deed
related
$6,000,000 · Huntington National Bank
Dec 11, 2002
—
Graham Family Investment LLC
Graham,nancy
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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