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Property profile & analytics
OFF-MARKET
Retail residential properties
2487-2491 Smt St Columbus, OH 43202
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US66-0032084
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1922
Construction
WOOD
Total area
5,830 SF
Lot
0.19 ac (8,276 SF)
APN
010-031806
UPID
US66-0032084
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Generation Rentals Ltd · 12 yrs held
Generation Rentals Ltd
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,634
Tax year 2023
Assessed value
$118,200
Assessed 2023
Previous assessed
$106,680
+10.8% YoY
Effective rate
7.30%
On assessed value
Assessed land
$34,720
Assessed improvement
$83,480
Land market value
$99,200
Improvement market value
$238,500
Total market value
$337,700
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
1922
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
1
Stories
2
Total area
5,830 SF
Lot
0.19 ac (8,276 SF)
APN
010-031806
UPID
US66-0032084
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
Building & site characteristics
From public records
Year built
1922
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Generation Rentals Ltd
Individual
Mailing address
120 S DAWSON AVE STE #102, COLUMBUS, OH 43209-1729
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2014
$109,000
Generation Rentals Ltd
Pratt,mark S
Quit Claim Deed
related
$3,069,396 · Old Fort Bkng
Nov 22, 2005
—
1st National Cash Refund INC
Woodford,carl H & Deidre
Warranty Deed
—
Nov 22, 2005
$169,000
Generation Rentals Ltd
1st National Cash Refund INC
Warranty Deed
—
Nov 22, 2005
$90,100
Carl H Woodford
Sheriff Of Franklin County
Trustees Deed
related
—
Jun 3, 2002
$65,000
David H Snow
Robert Haston Investment Corp
Grant Deed
related
—
Aug 27, 1999
$110,000
Robert Haston Investment Corp
Moriarty,eugene A
Grant Deed
related
$55,880 · Seller
—
—
Robert Haston Investment Corp
—
Deed Of Trust
related
$170,000 · Ohio Bank
—
—
Robert Haston Investment Corp
—
Deed Of Trust
related
$60,000 · Ohio Bank
—
—
David H Snow
—
Deed Of Trust
related
$17,500 · Sky Bank
—
—
Robert Haston Investment Corp
—
Deed Of Trust
related
$213,000 · Ohio Bank
—
—
Robert Haston Investment Corp
—
Deed Of Trust
related
$439,684 · Sky Bank
—
—
David H Snow
—
Deed Of Trust
related
$17,127 · Sky Bank
—
—
David H Snow
—
Deed Of Trust
related
$20,000 · John F Wiles
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.
Try Rey
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