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Property profile & analytics
OFF-MARKET
Estimated value
$3,170,000
Community centers
1440 Bethel Rd 1470, Columbus, OH 43220-2002
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-1414054
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1981
Total area
24,225 SF
Lot
14.73 ac (641,682 SF)
Zoning code
5200
APN
010-157596
UPID
US66-1414054
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
-
Wali Dessert Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.17M
Owner & transaction history
The Lamar Companies · 4 yrs held
The Lamar Companies
since 2022
5 recorded transactions
Zoning & alternative use
5200 · Columbus, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.8M
+46.7%
Apartment house (5+ units)
$3.5M
+34.1%
Medical building
$3.3M
+24.9%
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
NEIGHBORHOOD: SHOPPING CENTER
$2,620,000
Current use
AUTO REPAIR, GARAGE
$3,840,000
Change: +47% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,510,000
Change: +34% · Conversion: Difficult
MEDICAL BUILDING
$3,270,000
Change: +25% · Conversion: Difficult
OFFICE BUILDING
$2,795,000
Change: +7% · Conversion: Moderate
RETAIL STORES
$2,600,000
Change: -1% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,350,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$3.17M
Range $2.85M – $3.49M · ±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
$131 / 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
$339,576
Tax year 2023
Assessed value
$4,648,670
Assessed 2023
Previous assessed
$3,794,430
+22.5% YoY
Effective rate
7.30%
On assessed value
Assessed land
$2,105,290
Assessed improvement
$2,543,380
Land market value
$6,015,100
Improvement market value
$7,266,800
Total market value
$13,281,900
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1981
Heating
YES
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
24,225 SF
Lot
14.73 ac (641,682 SF)
Zoning code
5200
APN
010-157596
UPID
US66-1414054
Jurisdiction
FRANKLIN
Zoning & alternative use
5200 · Columbus, OH
Zoning 5200 · permitted uses
5200 · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.3M
OFFICE BUILDING
Est. value
$2.8M
RETAIL STORES
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1981
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Lot
14.73 ac
Current owner
From public records · entity-resolved
The Lamar Companies
Individual
Mailing address
4145 POWELL RD, POWELL, OH 43065-8066
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2023
—
Fb Bethel Center LLC
—
Deed
related
$26,500,000 · City National Bank Of West Virginia
May 6, 2022
—
The Lamar Companies
Plaza Media Ltd
Lease
—
Mar 8, 2022
—
Fb Bethel Center LLC
Bethel Ruben Limited Partnership
Warranty Deed
—
Jun 5, 2015
—
Bethel Ruben Center LLC
Bethel-ruben LP
Quit Claim Deed
related
—
Dec 23, 1997
—
Bethel-ruben LP
Ruben,bernard R
Quit Claim Deed
related
—
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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