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Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Office buildings
1717 Bethel Rd Columbus, OH 43220-1884
Individually Owned
~
Est. High Equity
Property ID
US66-5669084
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
WOOD
Total area
6,912 SF
Lot
0.59 ac (25,788 SF)
Zoning code
5150
APN
010-151090
UPID
US66-5669084
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
-
jeffrey k. lucas, lpa Consultant
-
Balanced Family Academy - Clubhouse Daycare Center
-
Jose's Plumbing Plumbing Service General Contractor
-
Holloway Corp Big Box & Wholesale Store Agricultural Supply
-
Curry LLC Big Box & Wholesale Store Agricultural Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.31M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.09M
Owner & transaction history
Pahl Rebecca
Pahl Rebecca
since 2026
7 recorded transactions
Zoning & alternative use
5150 · Columbus, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+97.5%
Auto repair, garage
$1.1M
+37.4%
Apartment house (5+ units)
$1.0M
+25.6%
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%
$1,420,000
6.5%
$1,310,000
7%
$1,215,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$800,000
Current use
RESTAURANT
$1,575,000
Change: +98% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,095,000
Change: +37% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,000,000
Change: +26% · Conversion: Easy
MEDICAL BUILDING
$935,000
Change: +17% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$745,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$740,000
Change: -7% · Conversion: Moderate
COMMERCIAL (GENERAL)
$670,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±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
$157 / 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
$39,115
Tax year 2023
Assessed value
$535,470
Assessed 2023
Previous assessed
$513,350
+4.3% YoY
Effective rate
7.30%
On assessed value
Assessed land
$81,240
Assessed improvement
$454,230
Land market value
$232,100
Improvement market value
$1,297,800
Total market value
$1,529,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
6,912 SF
Lot
0.59 ac (25,788 SF)
Zoning code
5150
APN
010-151090
UPID
US66-5669084
Jurisdiction
FRANKLIN
Zoning & alternative use
5150 · Columbus, OH
Zoning 5150 · permitted uses
5150 · Columbus, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Columbus. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$800,000
RESTAURANT
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$935,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$745,000
RETAIL STORES
Est. value
$740,000
COMMERCIAL (GENERAL)
Est. value
$670,000
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
1981
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Pahl Rebecca
Individual
Mailing address
5151 REED RD, COLUMBUS, OH 43220-2553
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2026
—
Pahl Rebecca
5150 Reed Road LLC
Special Warranty Deed
—
May 13, 2022
—
5150 Reed Road LLC
—
Deed
related
$687,500 · Community Capital Development Corporatio
Feb 28, 2022
—
5150 Reed Road LLC
—
Deed
related
$687,500 · The Huntington National Bank
Jun 28, 2019
—
5150 Reed Road LLC
Balanced Family Academy LLC
Grant Deed
—
Aug 22, 2017
$1,333,300
Blanced Family Academy LLC
1717 Bethel LLC
Warranty Deed
$1,325,000 · The Huntington National Bank
Apr 13, 2015
$590,000
1717 Bethel LLC
1717 Bethel Rd LLC
Warranty Deed
$968,437 · First City Bank
Mar 5, 2014
—
1717 Bethel Road LLC
Katabay,adil
Warranty Deed
—
Mar 5, 2014
$276,100
Adil Katabay
Sheriff Of Franklin County
Trustees Deed
related
—
Jun 17, 2011
—
Mizpah Fund I Ltd
Mizpah Fund I Ltd
Quit Claim Deed
related
—
Nov 17, 1997
$475,000
Mizpah Fund I Ltd
Commerce Square II Ltd
Grant Deed
related
$388,000 · Bank One NA
—
—
Commerce Square II Ltd
—
Deed Of Trust
related
$50,000 · State Savings Bank
—
—
Mizpah Fund I Ltd
—
Deed Of Trust
related
$2,000,000 · Richwood Banking Co
—
—
Mizpah Fund I Ltd
—
Deed Of Trust
related
$430,000 · Bank One NA
—
—
Mizpah Fund I Ltd
—
Deed Of Trust
related
$138,684 · Richwood Banking Co
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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