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Property profile & analytics
OFF-MARKET
Estimated value
$10,610,000
Retail residential properties
247 High St 255 Columbus, OH 43215-4511
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-2415706
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2019
Construction
WOOD
Total area
72,884 SF
Lot
0.27 ac (11,761 SF)
APN
010-030102
UPID
US66-2415706
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.87M
Comparable Approach
Comparable
$11.50M
Blend (final)
Blend
$10.61M
Owner & transaction history
255 S High St LLC · 1 yrs held
255 S High St LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.6M
+93.8%
Auto repair, garage
$11.6M
+34.7%
Apartment house (5+ units)
$10.6M
+23.2%
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%
$13,940,000
6.5%
$12,865,000
7%
$11,950,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$8,580,000
Current use
RESTAURANT
$16,620,000
Change: +94% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,560,000
Change: +35% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$10,565,000
Change: +23% · Conversion: Moderate
OFFICE BUILDING
$10,325,000
Change: +20% · Conversion: Easy
MEDICAL BUILDING
$9,840,000
Change: +15% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$7,875,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$7,825,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$10.61M
Range $9.55M – $11.67M · ±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
$22,471
Tax year 2023
Assessed value
$3,651,590
Assessed 2023
Previous assessed
$3,651,590
+0.0% YoY
Effective rate
0.62%
On assessed value
Assessed land
$307,620
Assessed improvement
$3,343,970
Land market value
$878,900
Improvement market value
$9,554,200
Total market value
$10,433,100
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
1
Stories
6
Total area
72,884 SF
Lot
0.27 ac (11,761 SF)
APN
010-030102
UPID
US66-2415706
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
COMMERCIAL (GENERAL) Current
Est. value
$8.6M
RESTAURANT
Est. value
$16.6M
AUTO REPAIR, GARAGE
Est. value
$11.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.6M
OFFICE BUILDING
Est. value
$10.3M
MEDICAL BUILDING
Est. value
$9.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.9M
RETAIL STORES
Est. value
$7.8M
COMMERCIAL (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
2019
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
6
Buildings
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
255 S High St LLC
Entity
Mailing address
6640 RIVERSIDE DR STE #500, DUBLIN, OH 43017-9534
Ownership since
2025
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
Mar 3, 2025
—
255 S High St LLC
Brent D Crawford
Deed
$7,900,000 · The State Bank & Trust Co
Jun 26, 2019
—
High & Cherry LLC
—
Grant Deed
related
$13,180,000 · Home Svgs Bk
May 1, 2019
—
Roberts,jeffrey D Tr
High & Cherry LLC
Quit Claim Deed
related
—
Jan 26, 2017
—
High & Cherry LLC
Columbus Foundation
Quit Claim Deed
related
—
Jan 26, 2017
$1,695,000
High & Cherry LLC
Swan Super Cleaners INC
Trustees Deed
$1,017,000 · Fahey Bkng
Mar 10, 2000
—
Connie Skaggs
Freshman,robert C & Ruth W
Quit Claim Deed
related
—
May 5, 1997
$300,000
Swan Super Cleaners INC
Skaggs,connie
Quit Claim Deed
related
—
—
—
Swan Super Cleaners INC
—
Loan Modification
related
$1,189,114 · Fcbank
—
—
Swan Super Cleaners INC
—
Deed Of Trust
related
$375,000 · Skybank
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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