Property profile

227 Washington St Columbus, IN 47201

OFF-MARKET
Office Spaces
Property ID
US31-1749328
15,435 SF 0.21 ac lot Built 1900
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1900
Construction WOOD
Total area 15,435 SF
Lot 0.21 ac (9,000 SF)
APN 03-95-24-430-010.800-005
UPID US31-1749328

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union
  • Hair Salon

Location

227 Washington St Columbus, IN 47201-6741
Columbus metro Census 10100 COLUMBUS, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$749k
Blend (final) Blend
$910k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2022
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.3M +59.5%
Retail stores $1.2M +49.4%
Medical building $1.0M +26.2%

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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