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Property profile & analytics
OFF-MARKET
Estimated value
$1,845,000
Retail space
2120-2124 High St Columbus, OH 43201
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US66-1288560
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
12,614 SF
Lot
0.36 ac (15,507 SF)
Zoning code
2122
APN
010-007581
UPID
US66-1288560
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
$2.24M
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$1.85M
Owner & transaction history
University Gateway North Resid · 8 yrs held
University Gateway North Resid
since 2017
7 recorded transactions
Zoning & alternative use
2122 · Columbus, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.9M
+112.5%
Commercial (general)
$2.0M
+50.7%
Auto repair, garage
$2.0M
+47.8%
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%
$2,425,000
6.5%
$2,235,000
7%
$2,080,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,355,000
Current use
RESTAURANT
$2,875,000
Change: +112% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,040,000
Change: +51% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,000,000
Change: +48% · Conversion: Difficult
OFFICE BUILDING
$1,800,000
Change: +33% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,770,000
Change: +31% · Conversion: Difficult
MEDICAL BUILDING
$1,705,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,365,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$1.85M
Range $1.66M – $2.03M · ±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
$146 / 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
$56,093
Tax year 2023
Assessed value
$748,940
Assessed 2023
Previous assessed
$732,560
+2.2% YoY
Effective rate
7.49%
On assessed value
Assessed land
$244,230
Assessed improvement
$504,710
Land market value
$697,800
Improvement market value
$1,442,000
Total market value
$2,139,800
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
12,614 SF
Lot
0.36 ac (15,507 SF)
Zoning code
2122
APN
010-007581
UPID
US66-1288560
Jurisdiction
FRANKLIN
Zoning & alternative use
2122 · Columbus, OHZoning 2122 · permitted uses
2122 · 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
RETAIL STORES Current
Est. value
$1.4M
RESTAURANT
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
2006
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
University Gateway North Resid
Individual
Mailing address
115 W MAIN ST, COLUMBUS, OH 43215-5099
Ownership since
2017
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
Mar 12, 2020
—
University Gateway N Residl L
—
Deed
related
$20,880,000 · S&t Bk
Mar 27, 2018
—
Lane High Ground LLC
—
Grant Deed
related
$20,306,277 · S&t Bk
Oct 18, 2017
—
University Gateway North Resid
University Gateway North LLC
Quit Claim Deed
—
Nov 29, 2016
—
Columbus-franklin Cnty Finance
—
Grant Deed
related
$20,306,677 · S&t Bk
Nov 7, 2006
—
University Gateway North LLC
2106-2124 N High LLC
Quit Claim Deed
related
—
—
—
University Gateway N Residl L
—
Deed Of Trust
related
$20,880,000 · S&t Bk
—
—
University Gateway North LLC
—
Deed Of Trust
related
$4,300,000 · Miscellaneous Ins Co
—
—
2106 High Street LLC
—
Deed Of Trust
related
$1,410,000 · Perpetual Savings Bank
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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