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Property profile & analytics
OFF-MARKET
Flex space
163 Cypress SW St Reynoldsburg, OH 43068-6813
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US66-2239614
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1999
Total area
12,000 SF
Lot
1.52 ac (66,211 SF)
APN
063-141876-00.009
UPID
US66-2239614
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
-
Woodmasters of Greater Columbus Home Decor Store Furniture & Home Goods
-
Chef Moe's On The Go Take-out & Catering Catering Service
-
Priority Moving Inc. Moving Company
-
TTAD, LLC General Contractor & Manufacturing Property Management Company Paving Contractor
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
Vcas Cypress Street LLC · 7 yrs held
Vcas Cypress Street LLC
since 2019
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 Reynoldsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reynoldsburg 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
$18,734
Tax year 2023
Assessed value
$243,250
Assessed 2023
Previous assessed
$193,380
+25.8% YoY
Effective rate
7.70%
On assessed value
Assessed land
$53,200
Assessed improvement
$190,050
Land market value
$152,000
Improvement market value
$543,000
Total market value
$695,000
Applied tax rate
63.0000
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
1999
Heating
NONE
Stories
1
Total area
12,000 SF
Lot
1.52 ac (66,211 SF)
APN
063-141876-00.009
UPID
US66-2239614
Jurisdiction
LICKING
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Stories
1
Lot
1.52 ac
Current owner
From public records · entity-resolved
Vcas Cypress Street LLC
Entity
Mailing address
8510 MORGAN ST, PICKERINGTON, OH 43147-7970
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2019
$605,000
Vcas Cypress Street LLC
Ray Kop Global LLC
Warranty Deed
$484,000 · Us Bank NA
Jun 2, 2015
$817,500
Ray Kop Global LLC
Cypress Street Ltd
Warranty Deed
$364,000 · Union Savings Bank
—
—
Cypress Street Ltd
—
Deed Of Trust
related
$399,900 · First Bexley Bank
—
—
Sugarcreek Holdings LLC
—
Deed Of Trust
related
$327,500 · Ohio Statewide Dev Corp
—
—
Cypress Street Ltd
—
Deed Of Trust
related
$325,801 · Commerce National Bank
—
—
Cypress Street Ltd
—
Deed Of Trust
related
$120,000 · Commerce National 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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