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Property profile & analytics
OFF-MARKET
Estimated value
$1,370,000
Manufacturing properties
1607 Woodland Ave Columbus, OH 43219-1175
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1921412
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1946
Total area
22,992 SF
Lot
4.5 ac (196,194 SF)
APN
010-007180
UPID
US66-1921412
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
-
Fig automotive repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.38M
CAP Approach
CAP
$1.40M
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.37M
Owner & transaction history
Rehman Investments LLC · 2 yrs held
Rehman Investments LLC
since 2023
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
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
Method
Estimation
Statistic approach
$1,385,000
ML approach
$1,375,000
CAP Approach
CAP Return
Estimation
6%
$1,515,000
6.5%
$1,400,000
7%
$1,300,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,890,000
Current use
Blend value · Realmo final
$1.37M
Range $1.23M – $1.51M · ±10% · vs last sale $1.34M (Dec 28 2023)
Last sale anchor
$1.34M
Dec 28 2023
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
$60 / 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
$18,838
Tax year 2023
Assessed value
$257,880
Assessed 2023
Previous assessed
$200,270
+28.8% YoY
Effective rate
7.30%
On assessed value
Assessed land
$105,560
Assessed improvement
$152,320
Land market value
$301,600
Improvement market value
$435,200
Total market value
$736,800
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1946
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
22,992 SF
Lot
4.5 ac (196,194 SF)
APN
010-007180
UPID
US66-1921412
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.9M
INDUSTRIAL (GENERAL) Current
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
1946
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
4.5 ac
Current owner
From public records · entity-resolved
Rehman Investments LLC
Entity
Mailing address
8815 SEDONA DR, LEWIS CENTER, OH 43035-9157
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
$1,344,300
Rehman Investments LLC
Cra Co Investments LLC
Warranty Deed
$1,075,440 · The Middlefield Banking Co
May 21, 2021
—
Cra Co Investments LLC
Ccs 3 LLC
Warranty Deed
$1,000,000 · First Merchants Bank
Apr 26, 2019
—
Ccs-3 LLC
Cra-co Investments LLC
Quit Claim Deed
related
$1,475,000 · Pender East Credit 1 Reit LLC
Oct 2, 2015
—
Cra-co Investments LLC
—
Trustees Deed
related
$133,880 · Benchmark Bk
Sep 22, 2006
$440,000
Cra Co Investments LLC
Carl P Langston SR.
Warranty Deed
$396,000 · Lehman Brothers Bank Fsb
Aug 8, 2005
—
Carl P Langston SR.
Langston,june A
Affidavit Of Death
—
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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