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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Retail space
2250 Courtright Rd Columbus, OH 43232-4274
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-2622285
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Total area
9,180 SF
Lot
1.65 ac (71,874 SF)
APN
010-255480
UPID
US66-2622285
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
-
Family Dollar Discount Store
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
$1.63M
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.66M
Owner & transaction history
Nci Courtright Road Columbus Fd LLC · 4 yrs held
Nci Courtright Road Columbus Fd LLC
since 2021
Last sale
$1.7M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+112.5%
Auto repair, garage
$1.5M
+47.8%
Apartment house (5+ units)
$1.3M
+35.1%
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
$1,225,000
ML approach
$1,255,000
CAP Approach
CAP Return
Estimation
6%
$1,765,000
6.5%
$1,630,000
7%
$1,510,000
Alternative Use
Use
Estimation
RESTAURANT
$2,095,000
Change: +112% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,455,000
Change: +48% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,330,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$1,310,000
Change: +33% · Conversion: Easy
MEDICAL BUILDING
$1,240,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±10% · vs last sale $1.72M (Sep 10 2021)
Last sale anchor
$1.72M
Sep 10 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
$181 / 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
$30,734
Tax year 2023
Assessed value
$420,740
Assessed 2023
Previous assessed
$601,410
-30.0% YoY
Effective rate
7.30%
On assessed value
Assessed land
$86,350
Assessed improvement
$334,390
Land market value
$246,700
Improvement market value
$955,400
Total market value
$1,202,100
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
2017
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
9,180 SF
Lot
1.65 ac (71,874 SF)
APN
010-255480
UPID
US66-2622285
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
RESTAURANT
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
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
2017
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
1.65 ac
Current owner
From public records · entity-resolved
Nci Courtright Road Columbus Fd LLC
Entity
Mailing address
875 N MICHIGAN AVE STE #3612, CHICAGO, IL 60611-1947
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2021
$1,718,400
Nci Courtright Road Columbus Fd LLC
Morning Star Partners LLC
Limited Warranty Deed
$1,202,815 · Centier Bank
Apr 4, 2018
—
Family Dollar Stores Of Ohio I
Morning Star Partners LLC
Grant Deed
related
—
Feb 23, 2018
—
Morning Star Partners LLC
Yeazell Michael R
Warranty Deed
related
—
Sep 20, 2017
—
Morning Star Partners LLC
—
Deed
related
$794,990 · United Cmnty Bk
Aug 7, 2017
$230,000
Morning Star Partners LLC
Mt Carmell Holy Church Of Ameri
Warranty Deed
—
—
—
Morning Star Partners LLC
—
Deed Of Trust
related
$794,990 · United Cmnty Bk
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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