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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Warehouses
121 Outerbelt St 153 Columbus, OH 43213-1548
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-1354168
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Total area
25,452 SF
Lot
2.76 ac (120,400 SF)
APN
520-143647
UPID
US66-1354168
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
-
Ameriprise Financial Financial Advisor
-
Jacob Kurgan - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
-
Integrity Wealth Group - Ameriprise Financial Services, LLC Financial Advisor
-
Ray Jones - Ameriprise Financial Services Bank Credit Union
-
Jennifer Lucus - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.21M
Owner & transaction history
121 153 Outerbelt LLC · 2 yrs held
121 153 Outerbelt LLC
since 2024
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$48 / 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
$41,267
Tax year 2023
Assessed value
$579,400
Assessed 2023
Previous assessed
$381,160
+52.0% YoY
Effective rate
7.12%
On assessed value
Assessed land
$114,280
Assessed improvement
$465,120
Land market value
$326,500
Improvement market value
$1,328,900
Total market value
$1,655,400
Applied tax rate
520.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
25,452 SF
Lot
2.76 ac (120,400 SF)
APN
520-143647
UPID
US66-1354168
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
Building & site characteristics
From public records
Year built
1988
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
2.76 ac
Current owner
From public records · entity-resolved
121 153 Outerbelt LLC
Entity
Mailing address
7719 TAYLOR RD SW, REYNOLDSBURG, OH 43068-9626
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Jun 20, 2024
—
121 153 Outerbelt LLC
Aframian Partnership LLC
Quitclaim Deed
related
—
Oct 5, 2016
—
Aframian Partnership LLC
—
Deed
related
$400,000 · Benchmark Bank
Jul 2, 2004
$30
Lupo LLC
Zrm Property Co
Grant Deed
$1,350,000 · Wesbanco Bank INC
Feb 22, 1999
$965,000
Zrm Property Co
Broad East Co
Grant Deed
$575,000 · National City Bank
—
—
Lupo LLC
—
Deed Of Trust
related
$1,155,000 · Wesbanco Bank INC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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