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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Warehouses
1555 Alum Crk Dr Columbus, OH 43209-2712
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1942924
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1964
Total area
4,411 SF
Lot
0.6 ac (26,267 SF)
APN
010-139509
UPID
US66-1942924
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
-
Quick Auto Sales East Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
$695k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$815k
Owner & transaction history
Ismail Jallaq · 2 yrs held
Ismail Jallaq
since 2024
Last sale
$815,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$700,000
+86.9%
Office building
$630,000
+68.2%
Medical building
$595,000
+59.1%
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
$815,000
ML approach
$815,000
CAP Approach
CAP Return
Estimation
6%
$755,000
6.5%
$695,000
7%
$645,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$700,000
Change: +87% · Conversion: Easy
OFFICE BUILDING
$630,000
Change: +68% · Conversion: Difficult
MEDICAL BUILDING
$595,000
Change: +59% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $815k (Feb 26 2024)
Last sale anchor
$815k
Feb 26 2024
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
$185 / 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
$4,682
Tax year 2023
Assessed value
$64,090
Assessed 2023
Previous assessed
$63,810
+0.4% YoY
Effective rate
7.31%
On assessed value
Assessed land
$6,370
Assessed improvement
$57,720
Land market value
$18,200
Improvement market value
$164,900
Total market value
$183,100
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1964
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
4,411 SF
Lot
0.6 ac (26,267 SF)
APN
010-139509
UPID
US66-1942924
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
AUTO REPAIR, GARAGE
Est. value
$700,000
OFFICE BUILDING
Est. value
$630,000
MEDICAL BUILDING
Est. value
$595,000
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
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
1964
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Ismail Jallaq
Individual
Mailing address
2556 E BROAD ST, BEXLEY, OH 43209-1760
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2024
$815,000
Ismail Jallaq
V3 Group LLC
Land Contract
$815,000 · Not Available
Jun 21, 2019
—
V3 Group LLC
Sevan Real Estate Ltd
Warranty Deed
related
—
Jun 23, 2017
$195,000
Sevan Real Estate Ltd
Gray Gables Realty LLC
Warranty Deed
—
Nov 15, 2012
$195,000
Gray Gables Realty LLC
Hinton,john R III
Warranty Deed
—
Feb 27, 2012
$263,000
John R Hinton III
C D Brady Co
Warranty Deed
—
—
—
Sevan Real Estate Ltd
—
Deed Of Trust
related
$200,000 · Park Nat'l Bk
—
—
Cd Brady Co
—
Deed Of Trust
related
$275,000 · Jack R III Hinton
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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