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Property profile & analytics
FOR LEASE
Warehouses
1250 Memory Ln Columbus, OH 43209
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-2216244
For Lease
1 / 2
$15 SF/Yr
1250 Memory Ln, Columbus, OH 43209
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Total area
32,130 SF
Lot
1.57 ac (68,346 SF)
APN
010-006007
UPID
US66-2216244
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
-
Awesome Casino Party Rentals Event Planning Wedding Service
-
Awesome Photo Booth Rentals Columbus, Ohio Photography Service Party Supply Store
-
A Special Wish Foundation, Inc. Corporate Office
-
Awesome Family Entertainment & Party Rentals Columbus Ohio Party Supply Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.52M
Owner & transaction history
Awesome Fam Entertainment LLC · 7 yrs held
Awesome Fam Entertainment LLC
since 2018
7 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
$47 / 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
$25,583
Tax year 2023
Assessed value
$350,220
Assessed 2023
Previous assessed
$336,600
+4.0% YoY
Effective rate
7.30%
On assessed value
Assessed land
$24,260
Assessed improvement
$325,960
Land market value
$69,300
Improvement market value
$931,300
Total market value
$1,000,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1973
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
32,130 SF
Lot
1.57 ac (68,346 SF)
APN
010-006007
UPID
US66-2216244
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
1973
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
1.57 ac
Current owner
From public records · entity-resolved
Awesome Fam Entertainment LLC
Entity
Mailing address
1250 MEMORY LN N, COLUMBUS, OH 43209-2749
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2020
—
Awesome Fam Entertainment LLC
—
Deed
related
$580,825 · First Fin'l Bk&tr
Oct 12, 2018
—
Awesome Fam Entertainment LLC
—
Trustees Deed
related
$464,660 · First Fin'l Bk&tr
Sep 26, 2018
$961,700
Awesome Fam Entertainment LLC
Gte Investments Ltd
Warranty Deed
—
Apr 29, 2002
$750,000
Gte Investments Ltd
Excel Group Ltd
Grant Deed
$600,000 · Commerce Bank
Sep 16, 1998
$685,000
Excel Group Ltd
Helnlon Corp INC
Grant Deed
$595,000 · National City Bank
—
—
Awesome Fam Entertainment LLC
—
Deed Of Trust
related
$580,825 · First Fin'l Bk&tr
—
—
Awesome Fam Entertainment LLC
—
Deed Of Trust
related
$478,000 · Community Dev Commission
—
—
Gte Investments Ltd
—
Deed Of Trust
related
$73,042 · Commerce Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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