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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Grocery and convenience stores
2280 Stelzer Rd 2300 Columbus, OH 43219-4002
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-6123389
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2008
Construction
WOOD
Total area
10,374 SF
Lot
1.23 ac (53,405 SF)
APN
191-000232
UPID
US66-6123389
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
-
Sunoco Gas Station Grocery & Convenience Store
-
Sunoco Stelzer Express LLC Gas Station
-
Twinkle Star Childcare Center Daycare Center
-
Sahal Halal Grocery Grocery & Convenience Store Food Market
-
Amazon Hub Counter - Boost mobile Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.30M
Owner & transaction history
Krishnas Stelzer LLC · 4 yrs held
Krishnas Stelzer LLC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.9M
+70.8%
Auto repair, garage
$1.6M
+46.7%
Apartment house (5+ units)
$1.5M
+34.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,120,000
Current use
COMMERCIAL (GENERAL)
$1,915,000
Change: +71% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,645,000
Change: +47% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,505,000
Change: +34% · Conversion: Difficult
OFFICE BUILDING
$1,480,000
Change: +32% · Conversion: Moderate
MEDICAL BUILDING
$1,400,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$1,115,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±10%
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
$125 / 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
$58,207
Tax year 2023
Assessed value
$570,290
Assessed 2023
Previous assessed
$789,260
-27.7% YoY
Effective rate
10.21%
On assessed value
Assessed land
$105,070
Assessed improvement
$465,220
Land market value
$300,200
Improvement market value
$1,329,200
Total market value
$1,629,400
Applied tax rate
191.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
10,374 SF
Lot
1.23 ac (53,405 SF)
APN
191-000232
UPID
US66-6123389
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
2008
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
Krishnas Stelzer LLC
Entity
Mailing address
8868 WILDFIRE CT, CENTERVILLE, OH 45458-6073
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2021
—
Krishnas Stelzer LLC
2280 Stelzer Road Holdings LLC
Limited Warranty Deed
$1,800,000 · The First Citizens National Bank
Mar 6, 2018
—
Northland 3 Stelzer LLC
Gbsstelzer LLC
Limited Warranty Deed
$1,321,875 · The Croghan Colonial Bank
Jan 20, 2015
—
Gbs Stelzer LLC|gbs Trueman LLC
—
Grant Deed
related
$1,842,500 · Union Svgs
Dec 16, 2011
$830,000
Gbs Stelzer LLC
Cri Swap LLC
Deed Of Trust
$1,900,000 · First Place Bank
Feb 25, 2011
—
Cri Swap LLC
Stelzer Arc LLC
Deed In Lieu Of Foreclosure
related
—
Oct 19, 2007
—
Stelzer Arc LLC
—
Trustees Deed
related
$2,280,000 · Huntington National Bank
Nov 30, 2005
$350,000
Stelzer Arc LLC
Maintain Develop Build Co
Warranty Deed
—
Nov 30, 2005
—
Maintain-develop-build Co
Dan Block Corp
Quit Claim Deed
related
—
Oct 25, 2004
$221,700
Franklin County Commissioners
Maintain-develop-build
Warranty Deed
—
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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