Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Warehouses
211 5th St Columbus, OH 43215-2603
Entity Owned
~
Est. High Equity
Property ID
US66-0280589
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1900
Total area
7,440 SF
Lot
0.19 ac (8,146 SF)
APN
010-055039
UPID
US66-0280589
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
-
Ohio Republican Party Advocacy Group Volunteer Organization
-
LaRose for Secretary of State Campaign Headquarters Advocacy Group Volunteer Organization
-
Republican Senate Campaign Advocacy Group Volunteer Organization
-
Stivers for Congress Association Or Organization
-
Ohio Federation of Republican Women Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.18M
Comparable Approach
Comparable
$979k
Blend (final)
Blend
$1.04M
Owner & transaction history
8298 LLC
8298 LLC
since 2026
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+168.7%
Auto repair, garage
$1.2M
+86.9%
Apartment house (5+ units)
$1.1M
+70.8%
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%
$1,275,000
6.5%
$1,175,000
7%
$1,090,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$630,000
Current use
RESTAURANT
$1,695,000
Change: +169% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,180,000
Change: +87% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,080,000
Change: +71% · Conversion: Difficult
OFFICE BUILDING
$1,055,000
Change: +67% · Conversion: Difficult
MEDICAL BUILDING
$1,005,000
Change: +59% · Conversion: Difficult
COMMERCIAL (GENERAL)
$875,000
Change: +39% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$805,000
Change: +27% · Conversion: Moderate
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10% · vs last sale $1.00M (Jan 8 2026)
Last sale anchor
$1.00M
Jan 8 2026
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
$140 / 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
$17,080
Tax year 2023
Assessed value
$233,820
Assessed 2023
Previous assessed
$204,060
+14.6% YoY
Effective rate
7.30%
On assessed value
Assessed land
$69,730
Assessed improvement
$164,090
Land market value
$199,200
Improvement market value
$468,800
Total market value
$668,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1900
Heating
YES
Cooling
NONE
Buildings
1
Stories
3
Total area
7,440 SF
Lot
0.19 ac (8,146 SF)
APN
010-055039
UPID
US66-0280589
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
WAREHOUSE, STORAGE Current
Est. value
$630,000
RESTAURANT
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$875,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$805,000
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
Heating
YES
Cooling
Yes
Stories
3
Buildings
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
8298 LLC
Entity
Mailing address
211 N 5TH ST, COLUMBUS, OH 43215-2603
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
$1,000,000
8298 LLC
211 North Fifth Street LLC
Deed
—
Sep 21, 2018
—
211 North Fifth Street LLC
—
Deed
related
$230,178 · First City Bank
Aug 5, 2011
—
211 North Fifth Street LLC
Goldstein,wendy C
Warranty Deed
$160,000 · Key Bank & Trust
Aug 2, 2000
$500,000
Wendy C Goldstein
Two-eleven
Grant Deed
$198,000 · Ohio Bank
—
—
211 North Fifth Street LLC
—
Deed Of Trust
related
$230,000 · Keybank USA
—
—
Wendy C Goldstein
—
Deed Of Trust
related
$125,000 · Sky Bank
—
—
Wendy C Goldstein
—
Deed Of Trust
related
$206,000 · Columbus Countrywide Dev Corp
—
—
211 North Fifth Street LLC
—
Deed Of Trust
related
$131,922 · Key Bank & Trust
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 211 5th St?
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.
