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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Truck terminals
1170 Cassady Ave, Columbus, OH 43219-2232
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US66-6245943
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1970
Total area
7,800 SF
Lot
4.53 ac (197,501 SF)
APN
010-122602
UPID
US66-6245943
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
-
Capital Transportation Academy Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$610k
Blend (final)
Blend
$520k
Owner & transaction history
Capital Real Estate Dev LLC · 19 yrs held
Capital Real Estate Dev LLC
since 2007
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$805,000
+138.5%
Commercial (general)
$715,000
+111.2%
Apartment house (5+ units)
$715,000
+110.7%
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
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
TRUCK TERMINAL (MOTOR FREIGHT)
$340,000
Current use
AUTO REPAIR, GARAGE
$805,000
Change: +138% · Conversion: Difficult
COMMERCIAL (GENERAL)
$715,000
Change: +111% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$715,000
Change: +111% · Conversion: Difficult
MEDICAL BUILDING
$630,000
Change: +87% · Conversion: Difficult
OFFICE BUILDING
$565,000
Change: +67% · Conversion: Difficult
RETAIL STORES
$555,000
Change: +64% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$67 / 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
$31,200
Tax year 2023
Assessed value
$427,110
Assessed 2023
Previous assessed
$265,650
+60.8% YoY
Effective rate
7.30%
On assessed value
Assessed land
$206,120
Assessed improvement
$220,990
Land market value
$588,900
Improvement market value
$631,400
Total market value
$1,220,300
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
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
Off-Market
Year built
1970
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
7,800 SF
Lot
4.53 ac (197,501 SF)
APN
010-122602
UPID
US66-6245943
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
TRUCK TERMINAL (MOTOR FREIGHT) Current
Est. value
$340,000
AUTO REPAIR, GARAGE
Est. value
$805,000
COMMERCIAL (GENERAL)
Est. value
$715,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$715,000
MEDICAL BUILDING
Est. value
$630,000
OFFICE BUILDING
Est. value
$565,000
RETAIL STORES
Est. value
$555,000
TRUCK TERMINAL (MOTOR FREIGHT) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
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
1970
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
4.53 ac
Current owner
From public records · entity-resolved
Capital Real Estate Dev LLC
Entity
Mailing address
1170 N CASSADY AVE, COLUMBUS, OH 43219-2232
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2019
—
Capital Real Estate Development LLC
—
Deed
related
$500,000 · Jpmorgan Chase Bank NA
Feb 23, 2017
—
Capital Real Estate Dev LLC
—
Deed
related
$390,000 · Community Dev Commission
Mar 2, 2007
$675,000
Capital Real Estate Dev LLC
Eco Industries INC
Warranty Deed
—
Nov 16, 1998
$550,000
Eco Industries INC
T & S Equities
Grant Deed
$500,000 · Pnc Bank
—
—
Capital Real Estate Dev LLC
—
Deed Of Trust
related
$19,000 · Key Bank & Trust
—
—
Capital Transportation INC
—
Deed Of Trust
related
$100,000 · Key Bank & Trust
—
—
Eco Industries INC
—
Deed Of Trust
related
$4,215,000 · Citizens Bank Pennsylvania
—
—
Capital Real Estate Dev LLC
—
Deed Of Trust
related
$390,000 · Community Dev Commission
—
—
Capital Real Estate Dev LLC
—
Deed Of Trust
related
$506,376 · State Of Ohio Department/dev
—
—
Capital Real Estate Dev LLC
—
Deed Of Trust
related
$390,000 · Community Capital Dev Corp
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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