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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 Jul 2011
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

The property is a single-tenant office building located at 2221 Schrock Road in Columbus, Ohio. Built in 1999 and expanded in 2006, it has a total building area of 42,290 square feet situated on 2.552 acres. The building was historically used under a 16-year sale-leaseback arrangement entered in 2011, with the primary lease term expiring July 6, 2027; it was structured as an absolute net lease that included 2% annual rent increases compounded annually. Under the lease structure, the landlord…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

· Oct 2026
$1.01M
$905k – $1.11M
Submarket $/SF estimate$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 3 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 comparables3

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 3 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 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1855 Dublin Granville, Columbus, OH 43229-3516 $1,470,000 Jan 2026 33,773 SF
1395 Dublin Granville, Columbus, OH 43229-3313 $2,175,000 Jan 2026 41,400 SF
501 Schrock, Columbus, OH 43229-1080 $5,575,000 Jan 2025 60,665 SF
6660 Doubletree, Columbus, OH 43229-1128 $1,500,000 Mar 2021 32,940 SF
2021 Dublin Granville, Columbus, OH 43229-3568 $2,375,000 Sep 2020 40,688 SF
1880 Dublin Granville, Columbus, OH 43229-3523 $1,770,000 Jan 2020 25,908 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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