Technical
Financial
Distress signals
Property profile

1501 Parsons Ave Columbus, OH 43207

OFF-MARKET
Medical Office Space
Property ID
US66-0314217
4,355 SF 0.16 ac lot Built 1915
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1915
Construction WOOD
Total area 4,355 SF
Lot 0.16 ac (6,882 SF)
APN 010-057259
UPID US66-0314217

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1501 Parsons Ave Columbus, OH 43207
Columbus metro Census 5820 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
$665k
Comparable Approach Comparable
$398k
Blend (final) Blend
$600k

Owner & transaction history

since 2023
Last sale
$580,000
4 recorded transactions
2023
$580,000
2017
$260,000
1999
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $690,000 +17.4%
Office building $620,000 +5.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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