Financial
Distress signals
Property profile

1580 Brice Rd Reynoldsburg, OH 43068

FOR SALE
Office buildings
Property ID
US66-0598662
1,029 SF 0.23 ac lot Built 1959
Last sale Jun 2023 · $197,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1580 Brice Rd, Reynoldsburg, OH 43068 For Sale
$280,000 1,029 SF
1580 Brice Rd, Reynoldsburg, OH 43068
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Property summary

AI-generated overview

An office building configured as five separate suites, with one common bathroom and a kitchenette area, and a usable basement that includes a utility room. The building has been updated with new flooring and interior paint (2023), basement I-beams with Drylock-style coating, basement beam/waterproofing work (2022), a furnace installed (2021), and a hot-water tank installed (2021), with a sump pump installed (2026). Located on Brice Road within a business corridor between E. Main Street and E.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$64k
Assessed land$25k
Assessed improvement$40k
Effective rate7.87%

Value estimate

· Sep 2026
$170k
$153k – $187k
AI approach$210k
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$547
Operating expenses−$6k
NOI · 4.90% cap applied$14k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$107/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$71 – $142
Qualifying comparables6

Cap rate analysis

How does the asset earn?
4.90%
$14k 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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm27.7
Wholesale Shop19.3
Building Supply16.9

Location

1580 Brice Rd Reynoldsburg, OH 43068
County assessor Recorded deeds · 8 transfers 6 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 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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