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Property profile & analytics
OFF-MARKET
Estimated value
$1,755,000
Office buildings
1170 Old Henderson Rd Columbus, OH 43220-3623
Entity Owned
22-yr Hold
Free & Clear
Property ID
US66-1371462
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Total area
11,176 SF
Lot
1.49 ac (65,122 SF)
APN
010-129869
UPID
US66-1371462
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
-
Artistry Smile Center Dental Office
-
Dekle & Associates, LLC Counselor
-
Farmers Insurance - Robert Taglione Insurance Agency
-
Khasawneh & Associates LLC Law Firm Child Welfare Organization
-
Galloway Law, LLC Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.12M
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$1.76M
Owner & transaction history
Npa Office Property LLC · 22 yrs held
Npa Office Property LLC
since 2004
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+97.5%
Auto repair, garage
$1.8M
+37.4%
Apartment house (5+ units)
$1.6M
+25.6%
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%
$2,295,000
6.5%
$2,120,000
7%
$1,970,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,290,000
Current use
RESTAURANT
$2,550,000
Change: +98% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,770,000
Change: +37% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,620,000
Change: +26% · Conversion: Easy
MEDICAL BUILDING
$1,510,000
Change: +17% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,210,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$1,200,000
Change: -7% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,085,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.76M
Range $1.58M – $1.93M · ±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
$157 / 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
$56,165
Tax year 2023
Assessed value
$768,880
Assessed 2023
Previous assessed
$566,380
+35.8% YoY
Effective rate
7.30%
On assessed value
Assessed land
$145,040
Assessed improvement
$623,840
Land market value
$414,400
Improvement market value
$1,782,400
Total market value
$2,196,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1967
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
11,176 SF
Lot
1.49 ac (65,122 SF)
APN
010-129869
UPID
US66-1371462
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
OFFICE BUILDING Current
Est. value
$1.3M
RESTAURANT
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
1967
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
1.49 ac
Current owner
From public records · entity-resolved
Npa Office Property LLC
Entity
Free & Clear · 22 yrs held
Mailing address
1170 OLD HENDERSON RD, COLUMBUS, OH 43220-3623
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2020
—
Npa Office Property LLC
—
Deed
related
$356,000 · Park National Bank
May 13, 2004
—
Npa Office Property LLC
Northwest Property Association
Grant Deed
related
—
—
—
Npa Office Property LLC
—
Deed Of Trust
related
$549,000 · Donnell Theodore G Trust (pt)
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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