New search
Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Retail residential properties
1685 Oak St 1687 Columbus, OH 43205-2143
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US66-1150868
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1900
Construction
WOOD
Total area
4,793 SF
Lot
0.07 ac (2,875 SF)
APN
010-040972
UPID
US66-1150868
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$592k
Blend (final)
Blend
$545k
Owner & transaction history
Rivendell Properties LLC · 10 yrs held
Rivendell Properties LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$760,000
+59.4%
Office building
$685,000
+43.5%
Medical building
$645,000
+35.8%
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
COMMERCIAL (GENERAL)
$475,000
Current use
AUTO REPAIR, GARAGE
$760,000
Change: +59% · Conversion: Difficult
OFFICE BUILDING
$685,000
Change: +44% · Conversion: Easy
MEDICAL BUILDING
$645,000
Change: +36% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$520,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$515,000
Change: +8% · Conversion: Easy
WAREHOUSE, STORAGE
$405,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$114 / 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
$3,546
Tax year 2023
Assessed value
$71,720
Assessed 2023
Previous assessed
$40,500
+77.1% YoY
Effective rate
4.94%
On assessed value
Assessed land
$15,120
Assessed improvement
$56,600
Land market value
$43,200
Improvement market value
$161,700
Total market value
$204,900
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
1
Stories
2
Total area
4,793 SF
Lot
0.07 ac (2,875 SF)
APN
010-040972
UPID
US66-1150868
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
COMMERCIAL (GENERAL) Current
Est. value
$475,000
AUTO REPAIR, GARAGE
Est. value
$760,000
OFFICE BUILDING
Est. value
$685,000
MEDICAL BUILDING
Est. value
$645,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$520,000
RETAIL STORES
Est. value
$515,000
WAREHOUSE, STORAGE
Est. value
$405,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
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
1900
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Rivendell Properties LLC
Entity
Mailing address
PO BOX 6445, COLUMBUS, OH 43206-0445
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2025
—
Rivendell Properties LLC
—
Deed
related
$95,000 · Riverside Bank Of Dublin
Nov 4, 2024
—
Rivendell Properties LLC
—
Deed
related
$500,000 · Riverside Bank
Nov 5, 2018
—
Rivendell Properties LLC
—
Trustees Deed
related
$280,000 · First Merchants Bk
Nov 30, 2015
$110,000
Rivendell Properties LLC
Morally Excellent LLC
Warranty Deed
—
Jul 26, 2005
—
Morally Excellent LLC
Oldham,vickie
Quit Claim Deed
related
—
Feb 28, 2005
$55,000
Vickie Oldham
Ahad,cecil A
Quit Claim Deed
related
—
Jun 11, 2002
$46,900
Cecil A Ahad
Suleiman,ibraheen
Quit Claim Deed
related
—
—
—
Morally Excellent Services LLC
—
Deed Of Trust
related
$50,000 · Fifth Third Bank
—
—
Cecil Ahad
—
Deed Of Trust
related
$10,500 · Glen A Robbins
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1685 Oak St, Unit 1687?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
