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Property profile & analytics
OFF-MARKET
Flex space
1287 Harmon Ave Columbus, OH 43223-3306
Entity Owned
14-yr Hold
Free & Clear
Property ID
US66-1394208
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1963
Construction
WOOD
Total area
938 SF
Lot
2.34 ac (102,061 SF)
Zoning code
1287
APN
570-179909
UPID
US66-1394208
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
-
Janell Concrete & Masonry Equipment Inc Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ernst Franklin LLC · 14 yrs held
Ernst Franklin LLC
since 2011
3 recorded transactions
Zoning & alternative use
1287 · Columbus, OH
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
—
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
$11,316
Tax year 2023
Assessed value
$181,590
Assessed 2023
Previous assessed
$213,190
-14.8% YoY
Effective rate
6.23%
On assessed value
Assessed land
$45,120
Assessed improvement
$136,470
Land market value
$128,900
Improvement market value
$389,900
Total market value
$518,800
Applied tax rate
570.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
938 SF
Lot
2.34 ac (102,061 SF)
Zoning code
1287
APN
570-179909
UPID
US66-1394208
Jurisdiction
FRANKLIN
Zoning & alternative use
1287 · Columbus, OH
Zoning 1287 · permitted uses
1287 · Columbus, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Columbus. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
2.34 ac
Current owner
From public records · entity-resolved
Ernst Franklin LLC
Entity
Free & Clear · 14 yrs held
Mailing address
3361 SUCCESSFUL WAY, DAYTON, OH 45414-4317
Ownership since
2011
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
Nov 7, 2011
$425,000
Ernst Franklin LLC
Roth Investments LLC
Warranty Deed
—
Nov 29, 2000
—
Roth Investments LLC
—
Deed Of Trust
related
$625,000 · Nellie C Roth Estate
Oct 31, 2000
$200,000
Adept Properties LLC
Nellie C Roth Estate
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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