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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Retail space
1381 Brice Rd Reynoldsburg, OH 43068-7302
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US66-6040595
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
WOOD
Total area
8,022 SF
Lot
0.93 ac (40,598 SF)
APN
060-001275
UPID
US66-6040595
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
-
The House of Prayer Ministries Church
-
GloJ Event Venue Hotel & Motel Resort
-
HAVEN HAIR AND NAILS Hair Salon Nail Salon
-
Zaina Salons Suites Hair Salon
-
Cugini Classics Hair & Nails Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$955k
Blend (final)
Blend
$865k
Owner & transaction history
Zaina Salons LLC · 3 yrs held
Zaina Salons LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+23.3%
Neighborhood: shopping center
$1.3M
+22.6%
Medical building
$1.2M
+12.4%
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 Reynoldsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reynoldsburg 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
$1,075,000
Current use
AUTO REPAIR, GARAGE
$1,325,000
Change: +23% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,315,000
Change: +23% · Conversion: Moderate
MEDICAL BUILDING
$1,205,000
Change: +12% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,165,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$865k
Range $779k – $952k · ±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
$108 / 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
$23,992
Tax year 2023
Assessed value
$304,720
Assessed 2023
Previous assessed
$246,230
+23.8% YoY
Effective rate
7.87%
On assessed value
Assessed land
$98,180
Assessed improvement
$206,540
Land market value
$280,500
Improvement market value
$590,100
Total market value
$870,600
Applied tax rate
60.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Rooms
6
Bathrooms
1
Total area
8,022 SF
Lot
0.93 ac (40,598 SF)
APN
060-001275
UPID
US66-6040595
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
RETAIL STORES Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1950
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Rooms
6
Bathrooms
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Zaina Salons LLC
Entity
Mailing address
5726 ALFIE PL, COLUMBUS, OH 43213-3505
Ownership since
2023
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
May 6, 2026
—
Zaina Salons LLC
—
Deed
related
$3,000,000
Jul 10, 2023
—
Zaina Salons LLC
Cesidio Cugini
Limited Warranty Deed
$595,000 · Cesidio Cugini
Jun 25, 2007
—
Cesidio Cugini
Cugini,cesidia
Affidavit Of Death
related
—
May 31, 2002
$185,000
Cesidio Cugini
Arnold,john D & Sara E
Grant Deed
—
—
—
Cesidio Cugini
—
Deed Of Trust
related
$107,000 · Fifth Third Bank
—
—
Cugini Classics Ltd
—
Deed Of Trust
related
$380,000 · Fifth Third Bank
—
—
Cesidia Cugini
—
Deed Of Trust
related
$60,000 · Fifth Third Bank
—
—
Cesidio Cugini
—
Deed Of Trust
related
$365,000 · Fifth Third 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.
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