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    Property profile & analytics

    1650 Watermark Dr Columbus, OH 43215

    • Office buildings
    • 50,384 SF
    • 4.26 lot acres
    For Lease
    View listing
    $23 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US66-1124367
    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

    • Korda/Nemeth Engineering Inc. / Civil Engineer / Electrical Engineer
    • Franklin County Board of Developmental Disabilities: Intake/MUI / County Government Office
    • MurphyEpson / Graphic Designer / Public Relations Firm
    • FedEx Drop Box / Mailing Service
    • Worthington Energy Consultants, LLC / Corporate Office

    Property Details for 1650 Watermark Dr

    Year built
    1988
    Lot size
    4.26 lot acres
    Property size
    50,384 SF
    Property type
    Office buildings
    APN
    010-210770
    APU
    10210770

    Description

    This exceptional two-story office building, located at 1650 Watermark Drive in Columbus, Ohio's desirable Northwest UA/Grandview submarket (zip code 43215), offers 9,345 square feet of premium executive office space. Currently, the entire building is available for lease, providing a unique opportunity for a single tenant to occupy the entire space. Alternatively, the property is divisible, with a minimum leasable area of 4,000 square feet. The building is zoned M and features ample parking with five spaces available. The property's address is 1650 Watermark Drive, Columbus, OH 43215, and its APN is 010-210770. This presents a rare chance to secure a substantial, well-located office space in a thriving Columbus neighborhood. The building's size allows for flexibility in layout and configuration to suit a variety of business needs. With its convenient location and substantial square footage, this property is ideal for businesses seeking a prominent presence in the Columbus market. The entire 9,345 square feet is currently vacant, making it ready for immediate occupancy. Interested parties should inquire about lease terms and conditions.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0475
    Latitude
    39.9715
    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
    $223,041
    $971,360
    $2,081,980
    $3,053,340
    -
    $2,775,300
    $5,948,500
    $8,723,800

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      100 Broad St

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    Columbus, OH 43215
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    Realmo Value Estimation

    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.

    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.

    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
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