Financial
Distress signals
Property profile

2221 Schrock Rd Columbus, OH 43229

FOR LEASE
Office buildings
Property ID
US66-2487586
42,488 SF 2.55 ac lot Built 1999
Last sale Sep 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 2221 Schrock Rd in Columbus, OH, this standalone commercial building contains 42,290 square feet and offers flexible interior layouts with both private and open workspace options. Interior features include modern exposed ceilings, and the building provides grade-level door access to light storage in the lower level. The property includes ample on-site parking and is positioned for convenient access to I-270 and nearby major thoroughfares, with high-impact freeway signage available. It is situated in an area with nearby dining, retail, and business services.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$85k
Tax billed · 2023
Assessed value$1.16M
Assessed land$249k
Assessed improvement$911k
Effective rate7.30%

Value estimate

· Sep 2026
$1.01M
$905k – $1.11M
Sales comparison$3.69M
NOI build-up
Gross scheduled income$913k
Vacancy & credit loss−$219k
Operating expenses−$174k
NOI · 2,088,543.92% cap applied$521k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$90/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$71 – $119
Qualifying comparables4

Cap rate analysis

How does the asset earn?
2,088,543.92%
$521k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage11.9
Kitchen & Bath11.9
Clothing Store11.8

Location

2221 Schrock Rd Columbus, OH 43229
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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