New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Investment properties
1368 Grandview Ave 1400 Columbus, OH 43212-2803
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US66-1899342
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1945
Construction
WOOD
Total area
9,108 SF
Lot
0.57 ac (24,786 SF)
APN
010-062542
UPID
US66-1899342
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
-
Z Cucina di Spirito Restaurant
-
Bat Removal Columbus Bird Control Service Animal Control Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.12M
Owner & transaction history
Wagbros Co Ltd · 17 yrs held
Wagbros Co Ltd
since 2009
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+63.4%
Apartment house (5+ units)
$1.3M
+49.3%
Office building
$1.3M
+47.0%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$885,000
Current use
AUTO REPAIR, GARAGE
$1,445,000
Change: +63% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,320,000
Change: +49% · Conversion: Moderate
OFFICE BUILDING
$1,300,000
Change: +47% · Conversion: Easy
MEDICAL BUILDING
$1,230,000
Change: +39% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$985,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$980,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$1.12M
Range $1.01M – $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
$123 / 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
$218,477
Tax year 2023
Assessed value
$2,990,860
Assessed 2023
Previous assessed
$2,495,510
+19.8% YoY
Effective rate
7.30%
On assessed value
Assessed land
$177,700
Assessed improvement
$2,813,160
Land market value
$507,700
Improvement market value
$8,037,600
Total market value
$8,545,300
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1945
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
9,108 SF
Lot
0.57 ac (24,786 SF)
APN
010-062542
UPID
US66-1899342
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
COMMERCIAL (GENERAL) Current
Est. value
$885,000
AUTO REPAIR, GARAGE
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$985,000
RETAIL STORES
Est. value
$980,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1945
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
0.57 ac
Current owner
From public records · entity-resolved
Wagbros Co Ltd
Entity
Mailing address
751 NWNW BLVD STE #300, GRANDVIEW, OH 43212-3871
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2021
—
Wagbros Company Ltd
—
Deed
related
$500,000 · Nationwide Life Insurance Company
Jun 16, 2009
—
Wagbros Co Ltd
Wagbros
Quit Claim Deed
related
—
Dec 21, 2001
—
Wabros Co Ltd
Wagbros Co
Quit Claim Deed
related
—
Jan 5, 1999
—
Wagbros Co
—
Deed Of Trust
related
$3,300,000 · Provident Savings Bank
—
—
Wagbros Co Ltd
—
Deed Of Trust
related
$4,300,000 · Peoples Bank & Trust
—
—
Wagbros Co Ltd
—
Deed Of Trust
related
$5,750,000 · Nationwide Bank
—
—
Wagbros Co
—
Deed Of Trust
related
$430,000 · Provident Savings 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?”
You own 1368 Grandview Ave, Unit 1400?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
