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Property profile & analytics
FOR SALE
Office buildings
1580 King Ave, Columbus, OH 43212
Entity Owned
~
Est. High Equity
Property ID
US66-0465660
For Sale
1 / 33
$1,200,000
1580 King Ave, Columbus, OH 43212
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1954
Total area
7,936 SF
Lot
0.44 ac (19,210 SF)
APN
010-087164
UPID
US66-0465660
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
-
JAMES M. EVANS LAW OFFICE, LLC Law Firm
-
Ohio Security & Protection Solutions, LLC Security Service
-
Ohio Security Training Academy Training Center Vocational School
-
Boerger Investigative Services, LLC Law Firm Security Service
-
STRATEGIC TRAINING GROUP LLC Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$878k
Blend (final)
Blend
$870k
Owner & transaction history
Cardinal Re Holdings Incorporated
Cardinal Re Holdings Incorporated
since 2026
Last sale
$910,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+11.1%
Apartment house (5+ units)
$1.2M
+1.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,135,000
Current use
AUTO REPAIR, GARAGE
$1,260,000
Change: +11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,150,000
Change: +2% · Conversion: Easy
MEDICAL BUILDING
$1,070,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $910k (Feb 20 2026)
Last sale anchor
$910k
Feb 20 2026
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
$110 / 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
$19,183
Tax year 2023
Assessed value
$262,610
Assessed 2023
Previous assessed
$222,780
+17.9% YoY
Effective rate
7.30%
On assessed value
Assessed land
$120,960
Assessed improvement
$141,650
Land market value
$345,600
Improvement market value
$404,700
Total market value
$750,300
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1954
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
7,936 SF
Lot
0.44 ac (19,210 SF)
APN
010-087164
UPID
US66-0465660
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
OFFICE BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1954
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Cardinal Re Holdings Incorporated
Entity
Mailing address
1323 HOLLY AVE, COLUMBUS, OH 43212-3116
Ownership since
2026
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 20, 2026
$910,000
Cardinal Re Holdings Incorporated
Kingland Company Ltd
Deed
$550,000 · Momentus Direct Capital
Sep 3, 2025
—
Th Walker Holdings LLC
—
Deed
related
$442,285 · First Merchants Bank
Oct 13, 2017
—
Th Walker Holdings LLC
—
Deed
related
$277,500 · First Merchants Bank
Oct 25, 2016
$355,000
Th Walker Holdings LLC
Larry F Nrpwme
Warranty Deed
—
Dec 9, 2002
$500,000
Kingland Co Ltd
Bouzounis,chris & Sue
Grant Deed
—
—
—
Kingland Co
—
Deed Of Trust
related
$400,000 · Key Bank NA
—
—
Chris P Bouzounis
—
Deed Of Trust
related
$444,759 · Ohio 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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