Financial
Distress signals
Property profile

50 Old Village Rd Columbus, OH 43228

FOR LEASE
Medical Office Space
Property ID
US66-1787335
20,076 SF 0.91 ac lot Built 1962
Last sale Oct 2025 · $948,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a first-floor office suite within an established office building. The suite is configured for professional use with seven small enclosed offices, a reception area, and a restroom. The building is situated along West Broad Street and is described as having high traffic exposure; a pedestal sign is associated with the storefront-style visibility of the suite. The space is set up in separate rooms and is suitable for a range of healthcare and wellness-oriented uses, such

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$35k
Tax billed · 2023
Assessed value$468k
Assessed land$125k
Assessed improvement$343k
Effective rate7.45%

Value estimate

· Sep 2026
$495k
$446k – $545k
Submarket $/SF estimate$839k
NOI build-up
Gross scheduled income$32k
Vacancy & credit loss−$8k
Operating expenses−$6k
NOI · 999.00% cap applied$18k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$135/SF
Submarket average, outlier-cleaned · 81 recorded sales of this use type
Observed band · Q1–Q3$91 – $194

Cap rate analysis

How does the asset earn?
999.00%
$18k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency38.9
Law Firm30.8
Hair Salon25.6

Location

50 Old Village Rd Columbus, OH 43228
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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
421 Georgesville, Columbus, OH 43228-2420 $400,000 Aug 2024 5,202 SF
5230 Renner, Columbus, OH 43228-9744 $1,300,000 Sep 2023 4,830 SF
165 Murray Hl, Columbus, OH 43228-1585 $955,000 Nov 2022 8,321 SF
104 Murray Hl, Columbus, OH 43228-1524 $1,825,000 Oct 2022 11,065 SF
5109 Broad, Columbus, OH 43228-1648 $1,050,000 Nov 2021 19,645 SF
4660 Roberts, Columbus, OH 43228-9671 $1,460,000 Apr 2021 4,739 SF
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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