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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Life science properties
2550 Beech Rd New Albany, OH 43054-7377
Entity Owned
11-yr Hold
Free & Clear
Property ID
US66-2726795
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
2015
Total area
159,232 SF
Lot
66.44 ac (2,894,126 SF)
APN
095-111744-00.000
UPID
US66-2726795
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
$970k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$970k
Owner & transaction history
Vadata INC · 11 yrs held
Vadata INC
since 2015
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 New Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Albany 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
$970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±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
$6 / 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
$855,142
Tax year 2023
Assessed value
$84,920,360
Assessed 2023
Previous assessed
$84,920,360
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$4,614,400
Assessed improvement
$80,305,960
Land market value
$13,184,000
Improvement market value
$229,445,600
Total market value
$242,629,600
Applied tax rate
95.0000
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
2015
Heating
NONE
Stories
1
Total area
159,232 SF
Lot
66.44 ac (2,894,126 SF)
APN
095-111744-00.000
UPID
US66-2726795
Jurisdiction
LICKING
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
2015
Heating
NONE
Stories
1
Lot
66.44 ac
Current owner
From public records · entity-resolved
Vadata INC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 80416, SEATTLE, WA 98108-0416
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2020
—
Kdc Us Holdings INC
—
Deed
related
$1,640,000,000 · Ubs Ag Stamford Br
Jul 23, 2015
$127,840
Vadata INC
Mbj Holdings LLC
Grant Deed
—
May 7, 2015
—
City Of New Albany Ohio
Mbj Holdings LLC
Warranty Deed
—
Feb 25, 2013
$649,700
Miller Jones Group Ltd
Mbj Holdings LLC
Grant Deed
$3,060,000 · Huntington National Bank
Jan 27, 2012
$7,000,000
Herm Wango Investments LLC
Pmd Holdings LLC
Trustees Deed
$5,100,000 · Pnc Bank
Jan 27, 2012
—
Herm Wangoe Investments LLC
Anomatic Corp
Quit Claim Deed
related
—
Sep 6, 2011
$1,177,000
Sonoco Plastics INC
Mbj Holdings LLC
Grant Deed
—
Jun 30, 2011
$989,700
Pmd Holdings LLC
Mbj Holdings LLC
Grant Deed
related
—
Apr 21, 2011
—
Tri-tech Laboratories INC
—
Deed Of Trust
related
$106,300,000 · Bank Of Montreal
Dec 21, 2010
$1,471,500
Tri-tech Laboratories INC
Mbj Holdings LLC
Grant Deed
—
Dec 16, 2010
—
Mbj Holdings LLC
Mrc Land LLC
Quit Claim Deed
related
—
Dec 17, 2009
$20,000
Licking Rural Electrirication
Mbj Holdings LLC
Grant Deed
—
Dec 18, 2006
$897,800
Columbus Southern Power Co
Mbj Holdings LLC
Grant Deed
—
—
—
New Albany Co LLC
—
Deed Of Trust
related
—
—
—
Kdc Us Holdings INC
—
Loan Modification
related
$1,640,000,000 · Ubs Ag Stamford Br
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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