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Property profile & analytics
OFF-MARKET
Estimated value
$3,535,000
Flex space
2299 Performance Way Columbus, OH 43207-2858
Entity Owned
18-yr Hold
Property ID
US66-0758001
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2008
Total area
24,235 SF
Lot
13.85 ac (603,219 SF)
APN
010-112491
UPID
US66-0758001
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
-
Capital City Group - A Bay Crane Company Construction Company Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.33M
Comparable Approach
Comparable
$3.79M
Blend (final)
Blend
$3.54M
Owner & transaction history
P & P Investment Co INC · 18 yrs held
P & P Investment Co INC
since 2007
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.5M
+154.9%
Auto repair, garage
$3.8M
+77.2%
Apartment house (5+ units)
$3.5M
+62.0%
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%
$4,695,000
6.5%
$4,330,000
7%
$4,025,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,170,000
Current use
RESTAURANT
$5,525,000
Change: +155% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,845,000
Change: +77% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,515,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$3,460,000
Change: +60% · Conversion: Difficult
MEDICAL BUILDING
$3,270,000
Change: +51% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,620,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$2,600,000
Change: +20% · Conversion: Moderate
Blend value · Realmo final
$3.54M
Range $3.18M – $3.89M · ±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
$146 / 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
$64,889
Tax year 2023
Assessed value
$888,300
Assessed 2023
Previous assessed
$892,960
-0.5% YoY
Effective rate
7.30%
On assessed value
Assessed land
$242,340
Assessed improvement
$645,960
Land market value
$692,400
Improvement market value
$1,845,600
Total market value
$2,538,000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2008
Heating
YES
Cooling
NONE
Buildings
1
Stories
2
Rooms
6
Bathrooms
1
Total area
24,235 SF
Lot
13.85 ac (603,219 SF)
APN
010-112491
UPID
US66-0758001
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.2M
RESTAURANT
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
RETAIL STORES
Est. value
$2.6M
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Rooms
6
Bathrooms
1
Lot
13.85 ac
Current owner
From public records · entity-resolved
P & P Investment Co INC
Entity
Mailing address
2299 PERFORMANCE WAY, COLUMBUS, OH 43207-2858
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2022
—
Ccg Crane Holdings LLC
—
Deed
related
$3,500,000 · First Financial Bank
Aug 27, 2019
—
Ccg Crane Holdings LLC
—
Deed
related
$2,020,000 · Fifth Third Bank
Aug 20, 2009
—
Ccg Crane Holdings LLC
—
Deed Of Trust
related
$5,200,000 · Huntington National Bank
Nov 15, 2007
—
P & P Investment Co INC
Wilkes Nicholas E
Quit Claim Deed
related
—
Nov 15, 2007
$615,300
Ccg Crane Holdings LLC
P & P Investment Co INC
Warranty Deed
—
Nov 3, 2006
—
P & P Investment Co INC
Lorenz,daniel E & Melissa A
Warranty Deed
related
—
Aug 6, 1999
$100,000
Daniel E Lorenz
P J R
Grant 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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