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Property profile & analytics
OFF-MARKET
Flex space
1559 Mckinley Ave, Columbus, OH 43222-1045
Entity Owned
7-yr Hold
Free & Clear
Property ID
US66-6185371
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1930
Construction
WOOD
Total area
4,080 SF
Lot
1.11 ac (48,221 SF)
Zoning code
1559
APN
010-001617
UPID
US66-6185371
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Solid Group LLC · 7 yrs held
Solid Group LLC
since 2019
3 recorded transactions
Zoning & alternative use
1559 · Columbus, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,669
Tax year 2023
Assessed value
$63,910
Assessed 2023
Previous assessed
$63,910
+0.0% YoY
Effective rate
7.31%
On assessed value
Assessed land
$20,790
Assessed improvement
$43,120
Land market value
$59,400
Improvement market value
$123,200
Total market value
$182,600
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1930
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
1
Stories
1
Total area
4,080 SF
Lot
1.11 ac (48,221 SF)
Zoning code
1559
APN
010-001617
UPID
US66-6185371
Jurisdiction
FRANKLIN
Zoning & alternative use
1559 · Columbus, OH
Zoning 1559 · permitted uses
1559 · 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.
Building & site characteristics
From public records
Year built
1930
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
Solid Group LLC
Entity
Free & Clear · 7 yrs held
Mailing address
986 MORSE RD, COLUMBUS, OH 43229-6212
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 19, 2019
$250,000
Solid Group LLC
Wong,willie
Warranty Deed
—
Dec 20, 2004
$350,000
Willie Wong
Stevens Investment LLC
Warranty Deed
$250,000 · Stevens Investments LLC
Nov 29, 2002
—
Stevens Investments LLC
Stevens-marmer Co
Quit Claim Deed
related
$19,000 · Commerce Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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