Back to Search
Property profile & analytics
OFF-MARKET
Commercial land
Hamilton Rd New Albany, OH 43054
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-3776498
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2001
Total area
8,276 SF
Lot
1.67 ac (72,702 SF)
APN
545-175660
UPID
US66-3776498
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ohio Benjamin Realty LLC · 5 yrs held
Ohio Benjamin Realty LLC
since 2020
Last sale
$277,000
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 New Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Albany 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$18,837
Tax year 2023
Assessed value
$258,270
Assessed 2023
Previous assessed
$258,270
+0.0% YoY
Effective rate
7.29%
On assessed value
Assessed land
$258,270
Land market value
$737,900
Total market value
$737,900
Applied tax rate
545.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
2001
Heating
NONE
Cooling
YES
Total area
8,276 SF
Lot
1.67 ac (72,702 SF)
APN
545-175660
UPID
US66-3776498
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
2001
Heating
NONE
Cooling
Yes
Lot
1.67 ac
Current owner
From public records · entity-resolved
Ohio Benjamin Realty LLC
Entity
Free & Clear · 5 yrs held
Mailing address
6571 EST VW DR S, BLACKLICK, OH 43004-8604
Ownership since
2020
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
Dec 3, 2020
$277,000
Ohio Benjamin Realty LLC
Hamilton II Retail LLC
Warranty Deed
—
Sep 30, 2015
$75,000
Katzkidd Investments
Hamilton II Retail LLC
Warranty Deed
—
May 12, 2010
—
Hamilton II Retail LLC
—
Trustees Deed
related
$2,100,000 · Huntington National Bank
Jul 10, 2008
—
City Of Columbus Ohio
Hamilton II Retail LLC
Warranty Deed
—
Jun 18, 2008
—
Hamilton II Retail LLC
Lehman Sandy L
Quit Claim Deed
related
—
Oct 19, 2000
—
New Albany Co LP
M/i Schottenstein Homes INC
Quit Claim Deed
related
—
Jun 29, 1999
$484,360
Wheeling National Bank
New Albany Co LLC
Trustees Deed
related
—
Jun 29, 1999
—
Columbus City (oh)
New Albany Co LLC
Trustees Deed
related
—
May 27, 1999
$2,488,000
M/i Schottenstein Homes INC
New Albany Co LP
Grant Deed
—
May 19, 1998
$1,500,000
New Albany Co LP
Richard H Oman Trustee
Trustees Deed
—
May 19, 1998
$1,088,000
M/i Schottenstein Homes INC
New Albany Co LP
Trustees Deed
—
May 19, 1998
—
New Albany Co LP
Richard H Oman Trustee
Trustees Deed
related
—
—
—
Hamilton II Retail LLC
—
Loan Modification
related
$6,023,354 · Huntington Nat'l Bk
—
—
Hamilton II Retail LLC
—
Deed Of Trust
related
$500,000 · Garcon Pierre A Trust (rt)
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?”
You own Hamilton Rd?
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.
