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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Retail space
1205 Main St Columbus, OH 43205-1932
Trust Owned
8-yr Hold
Free & Clear
Property ID
US66-3601493
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Total area
6,912 SF
Lot
0.58 ac (25,265 SF)
APN
010-047166
UPID
US66-3601493
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
-
Advance Auto Parts Auto Parts Store
-
UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.12M
Owner & transaction history
Exchangeright,net Lease 20 Dst Trust · 8 yrs held
Exchangeright,net Lease 20 Dst Trust
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+112.5%
Auto repair, garage
$1.1M
+47.8%
Apartment house (5+ units)
$1.0M
+35.1%
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%
$1,330,000
6.5%
$1,225,000
7%
$1,140,000
Alternative Use
Use
Estimation
RETAIL STORES
$740,000
Current use
RESTAURANT
$1,575,000
Change: +112% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,095,000
Change: +48% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,000,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$985,000
Change: +33% · Conversion: Easy
MEDICAL BUILDING
$935,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$745,000
Change: +1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$685,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±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
$161 / 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
$41,301
Tax year 2023
Assessed value
$565,390
Assessed 2023
Previous assessed
$561,750
+0.6% YoY
Effective rate
7.30%
On assessed value
Assessed land
$49,490
Assessed improvement
$515,900
Land market value
$141,400
Improvement market value
$1,474,000
Total market value
$1,615,400
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2016
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
6,912 SF
Lot
0.58 ac (25,265 SF)
APN
010-047166
UPID
US66-3601493
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
RETAIL STORES Current
Est. value
$740,000
RESTAURANT
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
OFFICE BUILDING
Est. value
$985,000
MEDICAL BUILDING
Est. value
$935,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$745,000
COMMERCIAL (GENERAL)
Est. value
$685,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2016
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Exchangeright,net Lease 20 Dst Trust
Trust
Free & Clear · 8 yrs held
Mailing address
200 S LOS ROBLES AVE STE #210, PASADENA, CA 91101-2482
Ownership since
2018
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
Mar 27, 2018
—
Exchangeright,net Lease 20 Dst Trust
Exchangeright Net Leased Portf
Quit Claim Deed
related
—
Mar 23, 2018
$1,605,000
Exchangeright Net Leased Portf
J Fergus INC
Grant Deed
$38,457,000 · Societe Generale
May 6, 2016
$200,000
J Fergus INC
Columbus Compact Corp
Warranty Deed
—
Apr 21, 2011
—
Columbus Compact Corp
1209 E Main Street Redev LLC
Warranty Deed
—
Jan 16, 2008
—
1209 E Main Street Redev LLC
Columbus Compact Corp
Warranty Deed
—
Apr 18, 2007
—
1209 E Main Street Redev LLC
Columbus Compact Corp
Warranty Deed
—
Aug 9, 2006
—
Columbus Compact Corp
1179 E Main Street Redev LLC
Warranty Deed
—
Feb 8, 2006
—
1179 E Main Street Redev LLC
Columbus Compact Corp
Warranty Deed
—
Nov 10, 2004
$500,000
Columbus Compact Corp
Salvation Army
Warranty Deed
—
Nov 24, 1998
$385,000
Salvation Army
Press,pearson S & Thea
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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