Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$18,425,000
Warehouses
Groveport, OH 43125
Individually Owned
8-yr Hold
Free & Clear
Property ID
US66-5287531
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2017
Total area
191,700 SF
Lot
12.67 ac (551,775 SF)
APN
152-001941
UPID
US66-5287531
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
$24.17M
Blend (final)
Blend
$18.43M
Owner & transaction history
Bvk Us II Pool 01llc · 8 yrs held
Bvk Us II Pool 01llc
since 2018
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$28.8M
+69.1%
Apartment house (5+ units)
$27.8M
+63.0%
Office building
$26.3M
+54.5%
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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$17,050,000
Current use
MEDICAL BUILDING
$28,835,000
Change: +69% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$27,790,000
Change: +63% · Conversion: Difficult
OFFICE BUILDING
$26,345,000
Change: +55% · Conversion: Difficult
RETAIL STORES
$23,955,000
Change: +41% · Conversion: Moderate
Blend value · Realmo final
$18.43M
Range $16.58M – $20.27M · ±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
$96 / 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
$33,566
Tax year 2023
Assessed value
$5,077,430
Assessed 2023
Previous assessed
$4,970,010
+2.2% YoY
Effective rate
0.66%
On assessed value
Assessed land
$421,200
Assessed improvement
$4,656,230
Land market value
$1,203,400
Improvement market value
$13,303,500
Total market value
$14,506,900
Applied tax rate
152.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
191,700 SF
Lot
12.67 ac (551,775 SF)
APN
152-001941
UPID
US66-5287531
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
WAREHOUSE, STORAGE Current
Est. value
$17.1M
MEDICAL BUILDING
Est. value
$28.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$27.8M
OFFICE BUILDING
Est. value
$26.3M
RETAIL STORES
Est. value
$24.0M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2017
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
12.67 ac
Current owner
From public records · entity-resolved
Bvk Us II Pool 01llc
Individual
Free & Clear · 8 yrs held
Mailing address
1 BEACON ST #2800, BOSTON, MA 02108-3107
Ownership since
2018
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 21, 2018
—
Bvk Us II Pool 01 LLC
—
Deed
related
$53,525,000 · Great W Life & Annuity Ins Co
Apr 20, 2018
—
Bvk Us II Pool 01 LLC
—
Deed
related
$14,175,000 · Miscellaneous Ins Co
Feb 26, 2018
$14,200,000
Bvk Us II Pool 01llc
Drcs 2950 LLC
Grant Deed
—
—
—
Bvk Us II Pool 01 LLC
—
Loan Modification
related
$53,525,000 · Great W Life & Annuity Ins Co
—
—
Bvk Us II Pool 01 LLC
—
Deed Of Trust
related
$14,175,000 · Miscellaneous Ins Co
—
—
Bvk Us II Pool 01
—
Deed Of Trust
related
$21,825,000 · Miscellaneous Ins Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Own this property?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
