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Financial
Distress signals
Property profile

5040 Forest Dr New Albany, OH 43054

FOR LEASE
Medical Office Space
Property ID
US66-0676654
59,940 SF 4.32 ac lot Built 2010
Last sale Aug 2024 · $25,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$619k
Tax billed · 2023
Assessed value$7.84M
Assessed land$582k
Assessed improvement$7.26M
Effective rate7.89%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$150/SF
County average, outlier-cleaned · 131 recorded sales of this use type
Observed band · Q1–Q3$94 – $214

Cap rate analysis

How does the asset earn?
308,328.88%
$58k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply11.6
Electrical Service9.9
Auto Parts Store9.6

Location

5040 Forest Dr New Albany, OH 43054
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 14 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6520 Campus, New Albany, OH 43054-8726 $6,860,000 Oct 2024 15,484 SF
7277 Smiths Ml, New Albany, OH 43054-8195 $19,138,760 Aug 2024 60,408 SF
6455 Campus Oval, New Albany, OH 43054-8769 $1,550,000 Oct 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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