Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Twp Rd 467 Se, OH

    • Warehouses
    • 6,000 SF
    • 40.62 lot acres
    OFF-MARKET
    Last Sale
    Feb 18, 2021
    $209,000
    Value Estimations
    $195,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-5248013
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for Twp Rd 467

    Year built
    1997
    Construction
    METAL FRAME
    Lot size
    40.62 lot acres
    Property size
    6,000 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    01-000495.0400
    APU
    10004950400

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $195,000
      ML approach
      $215,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Se
    County
    Perry
    State
    Ohio
    Longitude
    -82.1375
    Latitude
    39.6998
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,887
    $33,690
    $31,080
    $64,770
    -
    $96,260
    $88,800
    $185,060

    Comparable in this City

    • Value Estimation by Request

      Market, OH

      MINI-WAREHOUSE, STORAGE
      Market, OH
      View Details
    • Value Estimation
      $220,000
      0.07 Acres

      Atlantic, OH

      MINI-WAREHOUSE, STORAGE • 0.07 Acres
      Atlantic, OH
      View Details
    • Value Estimation
      $195,000
      0.09 Acres

      Brittain St, OH

      MINI-WAREHOUSE, STORAGE • 0.09 Acres
      Brittain St, OH
      View Details
    • Value Estimation
      $220,000
      1.51 Acres

      Industrial Cir, OH

      MINI-WAREHOUSE, STORAGE • 1.51 Acres
      Industrial Cir, OH
      View Details
    • Value Estimation by Request

      Blaine St, OH

      MINI-WAREHOUSE, STORAGE
      Blaine St, OH
      View Details
    • Value Estimation
      $230,000
      0.14 Acres

      Niles, OH

      MINI-WAREHOUSE, STORAGE • 0.14 Acres
      Niles, OH
      View Details

    Similar Nearby for Sale

    • $1,600,000
      16,800 SF

      Fully Leased Wadsworth Warehouse Investment

      16,800 SF industrial warehouse, 100% leased, great highway access.
      2241 Pinnacle Pkwy, Wadsworth, OH
      View Details
    • $650,000
      5,800 SF

      Unique Industrial Property with History

      Unique commercial/industrial building with historical significance on 5.5 acres.
      790 Enterprise Ct, Miamisburg, OH
      View Details
    • $4,900,000
      142,950 SF

      Versatile Industrial Space Available

      146,750 SF industrial space for sale in Bedford Heights.
      24350-24500 Solon Rd, Bedford Heights, OH
      View Details
    • $3,995,000
      77,900 SF

      Middletown Warehouse with Outdoor Storage

      77,900 SF warehouse with parking near I-75.
      4680 Caprice Dr, Middletown, OH
      View Details
    • Contact for pricing
      148,781 SF

      Industrial Warehouse in Cuyahoga Heights

      149,707 SF industrial warehouse in a prime location.
      5300 Harvard Ave, Cuyahoga Heights, OH
      View Details
    • Contact for pricing
      1,300,000 SF

      Modern Industrial Facility with Abatement

      1,300,000 SF Class A industrial space with tax abatement.
      10400 Hazelton-Etna Rd, Pataskala, OH
      View Details

    Similar Nearby for Lease

    • $2,500,000
      15,288 SF

      Renovated Industrial Space Available

      Renovated industrial space with flexible lease terms and freeway access.
      26235 Cannon Rd, Bedford, OH
      View Details
    • $13 SF/Yr
      1,200 SF

      Office Warehouse Suite For Rent

      1,200 SF office warehouse suite available 12/1/2024.
      10-106 Vlg Pointe Dr, Powell, OH
      View Details
    • $9 SF/Yr
      1,600 SF

      Aurora Road Flex Space Available

      Office and warehouse spaces with flexible, short-term lease options.
      24381 Aurora Rd, Bedford Heights, OH
      View Details
    • $1,000 /Mo
      2,000 SF

      Flexible Office/Warehouse Space Available

      Adaptable office and warehouse spaces near Cleveland Hopkins Airport.
      6751 Engle Rd, Middleburg Heights, OH
      View Details
    • $6 SF/Yr
      91,000 SF

      Akron Warehouse with Rail Potential

      Strategically located warehouse space with potential rail access available for lease.
      120 Cole Ext, Akron, OH
      View Details
    • Contact for pricing
      136,315 SF

      Lockbourne Warehouse Space Available

      136,315 SF warehouse space with ample parking.
      1302 London Groveport Rd, Lockbourne, OH
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Twp Rd 467
    Se, OH
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.