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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Warehouses
445 Commerce Sq Columbus, OH 43228-2107
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-5338375
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1973
Total area
11,486 SF
Lot
1.34 ac (58,370 SF)
APN
010-143087
UPID
US66-5338375
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
Current use
Occupant on record · Public records
-
5AAB CDL Learning Center LLC Vocational School Training Center
-
Heavy Diesel Service Auto Repair Shop
-
5aab Transport Logistics Company Freight Service
-
Columbus Diesel Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
$1.46M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.70M
Owner & transaction history
Pro Fix Truck & Trailer Repair LLC · 1 yrs held
Pro Fix Truck & Trailer Repair LLC
since 2024
Last sale
$1.7M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+183.6%
Auto repair, garage
$1.8M
+97.2%
Apartment house (5+ units)
$1.7M
+80.3%
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 Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus 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
$1,700,000
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
$1,580,000
6.5%
$1,455,000
7%
$1,355,000
Alternative Use
Use
Estimation
RESTAURANT
$2,620,000
Change: +184% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,820,000
Change: +97% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,665,000
Change: +80% · Conversion: Difficult
OFFICE BUILDING
$1,640,000
Change: +78% · Conversion: Difficult
MEDICAL BUILDING
$1,550,000
Change: +68% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,240,000
Change: +34% · Conversion: Moderate
RETAIL STORES
$1,205,000
Change: +30% · Conversion: Moderate
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $1.70M (Sep 4 2024)
Last sale anchor
$1.70M
Sep 4 2024
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
$148 / 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
$13,119
Tax year 2023
Assessed value
$179,590
Assessed 2023
Previous assessed
$179,590
+0.0% YoY
Effective rate
7.30%
On assessed value
Assessed land
$33,390
Assessed improvement
$146,200
Land market value
$95,400
Improvement market value
$417,700
Total market value
$513,100
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
11,486 SF
Lot
1.34 ac (58,370 SF)
APN
010-143087
UPID
US66-5338375
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
RESTAURANT
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1973
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
Pro Fix Truck & Trailer Repair LLC
Entity
Free & Clear · 1 yrs held
Mailing address
445 COMMERCE SQ, COLUMBUS, OH 43228-2107
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Sep 4, 2024
$1,700,000
Pro Fix Truck & Trailer Repair LLC
5aab Holding LLC
Warranty Deed
—
Mar 3, 2017
$430,000
5aab Kholding LLC
Fernando N Artet A
Warranty Deed
$450,500 · First Financial Bank
Jun 21, 2010
$310,000
Fernando N Arteta
Rardon,daryll D & Barbara E
Warranty Deed
—
—
—
Fernando Arteta
—
Deed Of Trust
related
$110,000 · Daryll D & Barbara E Rardon
—
—
5aab Holding LLC
—
Deed Of Trust
related
$265,000 · Community Dev Commission
—
—
Saab Holding LLC
—
Loan Modification
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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