Realmo Analytics

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Financial
Distress signals
Property profile

150 E Main St New Albany, OH 43054

FOR LEASE
Commercial land
Property ID
US66-2390777
4,414 SF 1.73 ac lot Built 1973
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$191k
Assessed land$191k
Effective rate8.06%

Value estimate

· Oct 2026
$485k
$437k – $534k
AI approach$290k
NOI build-up
Gross scheduled income$35k
Vacancy & credit loss−$8k
Operating expenses−$7k
NOI · 52,530.67% cap applied$20k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$100/SF
County average, outlier-cleaned · 445 recorded sales of this use type
Observed band · Q1–Q3$39 – $193
Qualifying comparables18

Cap rate analysis

How does the asset earn?
52,530.67%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.5
Auto Repair Shop17.8
Wholesale Shop16.8

Location

150 E Main St New Albany, OH 43054
County assessor Recorded deeds · 2 transfers 18 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
189 Main, New Albany, OH 43054-9284 $775,200 Jun 2024 1,577 SF
Hamilton, New Albany, OH 43054 $350,000 Jun 2024 7,276 SF
6140 Babbitt, New Albany, OH 43054-9506 $29,254,500 Jan 2024 9,600 SF
Walton, New Albany, OH 43054 $920,000 Nov 2022 1,260 SF
Walton, New Albany, OH 43054 $7,275,000 Aug 2022 1,036 SF
Walton, New Albany, OH 43054 $1,510,000 Aug 2022 1,260 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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