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Property profile & analytics
OFF-MARKET
Estimated value
$4,705,000
Car washes
2202 Polaris Pkwy Columbus, OH 43240-2021
Entity Owned
5-yr Hold
Free & Clear
Property ID
US66-2827623
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
2011
Total area
2,490 SF
Lot
1.81 ac (79,061 SF)
APN
318-442-02-054-008
UPID
US66-2827623
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
$4.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.71M
Owner & transaction history
Polaris Car Wash LLC · 5 yrs held
Polaris Car Wash LLC
since 2021
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$4,560,000
ML approach
$4,260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.71M
Range $4.23M – $5.18M · ±10% · vs last sale $5.00M (Mar 23 2021)
Last sale anchor
$5.00M
Mar 23 2021
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
$1,890 / 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
$41,633
Tax year 2023
Assessed value
$613,410
Assessed 2023
Previous assessed
$714,000
-14.1% YoY
Effective rate
6.79%
On assessed value
Assessed land
$410,130
Assessed improvement
$203,280
Land market value
$1,171,800
Improvement market value
$580,800
Total market value
$1,752,600
Applied tax rate
45.0000
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
2011
Heating
YES
Cooling
YES
Stories
1
Total area
2,490 SF
Lot
1.81 ac (79,061 SF)
APN
318-442-02-054-008
UPID
US66-2827623
Jurisdiction
DELAWARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2011
Heating
YES
Cooling
Yes
Stories
1
Lot
1.81 ac
Current owner
From public records · entity-resolved
Polaris Car Wash LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2202 POLARIS PKWY, COLUMBUS, OH 43240-2021
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2021
$5,000,000
Polaris Car Wash LLC
2200 Polars Columbus Carwash LLC
Limited Warranty Deed
—
Jan 14, 2019
$4,500,000
2200 Polaris Columbus Carwash LLC
Imo Us Georgia LLC
Special Warranty Deed
$2,925,000 · First Internet Bank Of Indiana
Dec 14, 2018
—
Imo Us Georgia LLC
Buckeye Express Wash LLC
Quit Claim Deed
related
—
Sep 24, 2018
—
City Of Columbus
Imo Us Georgia LLC
Warranty Deed
—
Jul 21, 2017
$1,100,000
Imo Us Georgia LLC
Buckeye Express Car Wash LLC
Grant Deed
—
Oct 18, 2012
—
Buckeye Express Wash LLC
—
Deed Of Trust
related
$1,310,725 · Community Capital Dev Corp
Feb 3, 2012
—
Ruby Haulage INC
Wilkes,lynn
Affidavit Of Death
related
—
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
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