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Property profile & analytics
OFF-MARKET
Estimated value
$25,470,000
Retail residential properties
115 5th Ave Columbus, OH 43201-3046
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US66-1877706
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2018
Total area
157,136 SF
Lot
0.66 ac (28,880 SF)
APN
010-005514
UPID
US66-1877706
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
-
The Beeker Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$27.74M
Comparable Approach
Comparable
$33.34M
Blend (final)
Blend
$25.47M
Owner & transaction history
Bfwb Partners LLC · 8 yrs held
Bfwb Partners LLC
since 2017
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$35.8M
+41.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$30,050,000
6.5%
$27,740,000
7%
$25,760,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$25,415,000
Current use
RESTAURANT
$35,835,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$24,920,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$22,430,000
Change: -12% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$22,065,000
Change: -13% · Conversion: Moderate
MEDICAL BUILDING
$21,220,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$25.47M
Range $22.92M – $28.02M · ±10%
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
$162 / 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
$79,423
Tax year 2023
Assessed value
$6,545,010
Assessed 2023
Previous assessed
$6,642,830
-1.5% YoY
Effective rate
1.21%
On assessed value
Assessed land
$306,460
Assessed improvement
$6,238,550
Land market value
$875,600
Improvement market value
$17,824,400
Total market value
$18,700,000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2018
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
5
Total area
157,136 SF
Lot
0.66 ac (28,880 SF)
APN
010-005514
UPID
US66-1877706
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
COMMERCIAL (GENERAL) Current
Est. value
$25.4M
RESTAURANT
Est. value
$35.8M
AUTO REPAIR, GARAGE
Est. value
$24.9M
OFFICE BUILDING
Est. value
$22.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$22.1M
MEDICAL BUILDING
Est. value
$21.2M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
2018
Heating
YES
Cooling
Yes
Stories
5
Buildings
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Bfwb Partners LLC
Entity
Mailing address
600 STONEHENGE PKWY, DUBLIN, OH 43017-6026
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2017
—
Bfwb Partners LLC
Bpbh Partners LLC
Limited Warranty Deed
$16,500,000 · First National Bank
Oct 14, 2016
$1,085,700
Bpbh Partners LLC
Burwell Investment LLC
Warranty Deed
$1,076,732 · First Financial Bank NA
Oct 1, 2014
$1,100,000
Burwell Investments LLC
Marjorie L Goldsbury
Warranty Deed
$1,660,000 · First Financial Bank NA
Feb 16, 2007
—
Koch,marjorie L
Marshall,david A
Affidavit Of Death
—
Dec 8, 1999
$150,000
Marjorie L Koch
Dean,basil E & Frances E
Grant Deed
—
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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