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Property profile & analytics
OFF-MARKET
Estimated value
$26,400,000
Office buildings
Dublin Granville Rd Westerville, OH 43081
Entity Owned
Absentee Owner
Free & Clear
Property ID
US66-4738710
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2021
Total area
144,900 SF
Lot
11.04 ac (480,772 SF)
APN
010-301661
UPID
US66-4738710
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
$29.28M
Comparable Approach
Comparable
$23.13M
Blend (final)
Blend
$26.40M
Owner & transaction history
HQ OFFICE I LLC
HQ OFFICE I LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$42.1M
+134.6%
Medical building
$25.0M
+39.1%
Auto repair, garage
$23.9M
+33.0%
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 Westerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westerville 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%
$31,715,000
6.5%
$29,275,000
7%
$27,185,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$17,955,000
Current use
RESTAURANT
$42,120,000
Change: +135% · Conversion: Moderate
MEDICAL BUILDING
$24,980,000
Change: +39% · Conversion: Easy
AUTO REPAIR, GARAGE
$23,890,000
Change: +33% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$23,770,000
Change: +32% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$21,005,000
Change: +17% · Conversion: Easy
RETAIL STORES
$18,110,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$26.40M
Range $23.76M – $29.04M · ±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
$182 / 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
$239,206
Tax year 2023
Assessed value
$10,134,680
Assessed 2023
Previous assessed
$10,134,680
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$858,170
Assessed improvement
$9,276,510
Land market value
$2,451,900
Improvement market value
$26,504,300
Total market value
$28,956,200
Applied tax rate
10.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2021
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
5
Total area
144,900 SF
Lot
11.04 ac (480,772 SF)
APN
010-301661
UPID
US66-4738710
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
OFFICE BUILDING Current
Est. value
$18.0M
RESTAURANT
Est. value
$42.1M
MEDICAL BUILDING
Est. value
$25.0M
AUTO REPAIR, GARAGE
Est. value
$23.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$23.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$21.0M
RETAIL STORES
Est. value
$18.1M
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
2021
Heating
YES
Cooling
Yes
Stories
5
Buildings
1
Lot
11.04 ac
Current owner
From public records · entity-resolved
HQ OFFICE I LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1533 LK SHR DR STE #100, COLUMBUS, OH 43204-3897
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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