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Property profile & analytics
OFF-MARKET
Estimated value
$6,125,000
Outlet malls
1380 Gemini Pl Columbus, OH 43240-7004
Individually Owned
18-yr Hold
Free & Clear
Property ID
US66-1974088
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2008
Total area
65,385 SF
Lot
12.09 ac (526,640 SF)
APN
318-432-01-001-005
UPID
US66-1974088
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
-
Ross Dress for Less Shoe Store Women'S Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.13M
Owner & transaction history
Np · 18 yrs held
Np
since 2007
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$9.5M
+35.1%
Office building
$9.3M
+33.0%
Medical building
$8.8M
+25.8%
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
RETAIL STORES
$7,020,000
Current use
APARTMENT HOUSE (5+ UNITS)
$9,480,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$9,330,000
Change: +33% · Conversion: Easy
MEDICAL BUILDING
$8,830,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,065,000
Change: +1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,350,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$6.13M
Range $5.51M – $6.74M · ±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
$94 / 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
$416,395
Tax year 2023
Assessed value
$5,492,350
Assessed 2023
Previous assessed
$4,504,540
+21.9% YoY
Effective rate
7.58%
On assessed value
Assessed land
$1,150,980
Assessed improvement
$4,341,370
Land market value
$3,288,500
Improvement market value
$12,403,900
Total market value
$15,692,400
Applied tax rate
46.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2008
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Total area
65,385 SF
Lot
12.09 ac (526,640 SF)
APN
318-432-01-001-005
UPID
US66-1974088
Jurisdiction
DELAWARE
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
$7.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.5M
OFFICE BUILDING
Est. value
$9.3M
MEDICAL BUILDING
Est. value
$8.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.1M
COMMERCIAL (GENERAL)
Est. value
$6.4M
RETAIL STORES Current
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
2008
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
12.09 ac
Current owner
From public records · entity-resolved
Np
Individual
Free & Clear · 18 yrs held
Mailing address
1380 GEMINI PL, COLUMBUS, OH 43240-7004
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2019
—
1280 Gemini Place LLC
—
Deed
related
$2,500,000 · Pnc Bk
Dec 26, 2007
—
Np
Nshe Solano LLC
Grant Deed
—
—
—
Gemini Place Towne Center LLC
—
Deed Of Trust
related
$1,431,011 · Us Bk
—
—
1280 Gemini Place LLC
—
Loan Modification
related
$2,500,000 · Pnc Bk
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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