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Property profile & analytics
OFF-MARKET
Estimated value
$7,085,000
Community centers
166 Wilson Rd 188 Columbus, OH 43204-1263
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-2565571
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1955
Total area
83,764 SF
Lot
34.56 ac (1,505,346 SF)
Zoning code
154
APN
010-212224
UPID
US66-2565571
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
$6.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.31M
Blend (final)
Blend
$7.09M
Owner & transaction history
Baira Properties LLC · 4 yrs held
Baira Properties LLC
since 2022
7 recorded transactions
Zoning & alternative use
154 · Columbus, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$11.3M
+24.9%
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
$7,005,000
ML approach
$6,945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$9,055,000
Current use
MEDICAL BUILDING
$11,310,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$7.09M
Range $6.38M – $7.79M · ±10%
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
$85 / 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
$172,117
Tax year 2023
Assessed value
$2,356,210
Assessed 2023
Previous assessed
$2,356,210
+0.0% YoY
Effective rate
7.30%
On assessed value
Assessed land
$1,580,640
Assessed improvement
$775,570
Land market value
$4,516,100
Improvement market value
$2,215,900
Total market value
$6,732,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1955
Heating
YES
Cooling
CENTRAL
Buildings
5
Stories
1
Total area
83,764 SF
Lot
34.56 ac (1,505,346 SF)
Zoning code
154
APN
010-212224
UPID
US66-2565571
Jurisdiction
FRANKLIN
Zoning & alternative use
154 · Columbus, OHZoning 154 · permitted uses
154 · Columbus, OH
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$9.1M
MEDICAL BUILDING
Est. value
$11.3M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1955
Heating
YES
Cooling
Yes
Stories
1
Buildings
5
Lot
34.56 ac
Current owner
From public records · entity-resolved
Baira Properties LLC
Entity
Mailing address
250 CIVIC CTR DR STE #300, COLUMBUS, OH 43215-5059
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Mar 8, 2022
$6,650,000
Baira Properties LLC
Great Western Arcj LLC
Limited Warranty Deed
$4,000,000 · Visionbank Of Iowa
Sep 26, 2018
—
Great Western Arcj LLC
—
Loan Modification
related
$5,600,000 · First Fin'l Bk&tr
Jul 10, 2018
—
Great Western Arcj LLC
—
Grant Deed
related
$5,300,000 · First Fin'l Bk&tr
Apr 10, 2015
$3,830,000
Great Western Arcj LLC
410 Investments Ltd
Grant Deed
$2,080,000 · 410 Investments Ltd
Aug 20, 2008
$6,045,200
410 Investments Ltd
Great Western Ltd
Grant Deed
—
Oct 31, 2003
—
Great Western Ltd
Great Western Shopping Center
Quit Claim Deed
related
$7,000,000 · Wells Fargo Bank
Jul 23, 2003
—
Great Western Shopping Center
State Street Holdings INC
Grant Deed
related
—
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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