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    Property profile & analytics

    1550 5Th Ave Columbus, OH 43212

    • Office buildings
    • 10,450 SF
    • 0.68 lot acres
    For Sale
    View listing
    $2,500,000
    Value Estimation
    Location Intelligence
    Property ID
    US66-1173979
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Gregory P. Avellana, RD / Nutritionist / Physician Assistant
    • Fox Ronald Ltd & Associates Counseling / Counselor
    • Dr. Charles B. May, DO / Family Practice Physician
    • Stein Joseph R / Physician Assistant
    • Altic Stephen DO / Family Practice Physician

    Property Details for 1550 5Th Ave

    Year built
    1972
    Lot size
    0.68 lot acres
    Property size
    10,450 SF
    Property type
    Office buildings
    APN
    010-061641
    APU
    10061641

    Description

    This Columbus, Ohio office building, located at 1550 W 5th Ave, offers 10,100 square feet of versatile space in a two-story building. Currently, the entire 10,100 square feet is available for lease, divisible into units ranging from 4,100 to 5,000 contiguous square feet. The property is classified as Class C and was built in 1972, with renovations completed in 1990. The building features a 10-foot ceiling height and ample parking with 50 spaces available. Situated on 0.67 acres of land in the Grandview submarket, this property benefits from a prime location between two signalized intersections, offering excellent visibility and accessibility. The area boasts numerous nearby retailers, restaurants, and financial institutions. Less than three miles from SR 315 and under ten minutes from The Ohio State University, this location provides convenient access to major transportation routes and a large workforce pool. The property is zoned for commercial use and has a Franklin County APN of 010-061641-00. Building updates are planned for the near future. The property includes signage opportunities. This multi-tenant building offers Executive Office, Coworking, Medical Office, Creative Office, and Traditional Office space options.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -83.048
    Latitude
    39.9893
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $32,442
    $205,800
    $238,320
    $444,120
    -
    $588,000
    $680,900
    $1,268,900

    Comparable in this City

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      786 Nwnw Blvd

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      $455,000
      6,162 SF

      1820 Nwnw Blvd

      OFFICE BUILDING • 6,162 SF
      1820 Nwnw Blvd, Columbus, OH 43212-1677
      View Details

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    Columbus, OH 43212
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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