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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Retail space
1750 Ln Ave, Columbus, OH 43221-1170
Entity Owned
13-yr Hold
Free & Clear
Property ID
US66-5950255
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2009
Construction
WOOD
Total area
5,780 SF
Lot
0.87 ac (37,984 SF)
APN
070-001942
UPID
US66-5950255
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
-
J.McLaughlin Clothing Store Men'S Clothing Store
-
The Wine Bistro Restaurant
-
Skin & Sugar Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$998k
Blend (final)
Blend
$790k
Owner & transaction history
Lane Partners Plaza LLC · 13 yrs held
Lane Partners Plaza LLC
since 2013
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$915,000
+47.8%
Apartment house (5+ units)
$840,000
+35.1%
Office building
$825,000
+33.0%
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%
$1,110,000
6.5%
$1,025,000
7%
$950,000
Alternative Use
Use
Estimation
RETAIL STORES
$620,000
Current use
AUTO REPAIR, GARAGE
$915,000
Change: +48% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$840,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$825,000
Change: +33% · Conversion: Easy
MEDICAL BUILDING
$780,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$625,000
Change: +1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$560,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$137 / 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
$82,651
Tax year 2023
Assessed value
$1,025,780
Assessed 2023
Previous assessed
$995,400
+3.1% YoY
Effective rate
8.06%
On assessed value
Assessed land
$229,740
Assessed improvement
$796,040
Land market value
$656,400
Improvement market value
$2,274,400
Total market value
$2,930,800
Applied tax rate
70.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2009
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
6
Bathrooms
2
Total area
5,780 SF
Lot
0.87 ac (37,984 SF)
APN
070-001942
UPID
US66-5950255
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
RETAIL STORES Current
Est. value
$620,000
AUTO REPAIR, GARAGE
Est. value
$915,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$840,000
OFFICE BUILDING
Est. value
$825,000
MEDICAL BUILDING
Est. value
$780,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$625,000
COMMERCIAL (GENERAL)
Est. value
$560,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2009
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
6
Bathrooms
2
Lot
0.87 ac
Current owner
From public records · entity-resolved
Lane Partners Plaza LLC
Entity
Free & Clear · 13 yrs held
Mailing address
150 E BROAD ST, COLUMBUS, OH 43215-3610
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2013
—
Lane Partners Plaza LLC
Lane Partners LLC
Quit Claim Deed
related
—
Sep 2, 2008
$391,000
Lane Partners LLC
Gillespie,beverly H
Warranty Deed
—
Jul 23, 2008
—
Gillespie,beverly H
Hannahs,dorothy V
Affidavit Of Death
—
—
—
Lane Partners LLC
—
Loan Modification
related
$3,230,000 · Integra Bk/pittsburgh
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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