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Property profile & analytics
OFF-MARKET
Flex space
2577 Ferris Rd Columbus, OH 43224-6504
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US66-1270888
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1972
Construction
WOOD
Total area
3,800 SF
Lot
5.65 ac (246,245 SF)
Zoning code
2577
APN
010-226261
UPID
US66-1270888
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
-
Plastic Resources Factory Production Facility
-
Plastic Resources, Inc. Industrial Manufacturer Production Facility
-
E H Enterprises Industrial Manufacturer Production Facility
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
Hays Hill & Knotts LLC · 23 yrs held
Hays Hill & Knotts LLC
since 2002
4 recorded transactions
Zoning & alternative use
2577 · Columbus, OH
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
$38,650
Tax year 2023
Assessed value
$529,100
Assessed 2023
Previous assessed
$483,390
+9.5% YoY
Effective rate
7.30%
On assessed value
Assessed land
$256,170
Assessed improvement
$272,930
Land market value
$731,900
Improvement market value
$779,800
Total market value
$1,511,700
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
4
Stories
2
Total area
3,800 SF
Lot
5.65 ac (246,245 SF)
Zoning code
2577
APN
010-226261
UPID
US66-1270888
Jurisdiction
FRANKLIN
Zoning & alternative use
2577 · Columbus, OH
Zoning 2577 · permitted uses
2577 · Columbus, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Columbus. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
4
Lot
5.65 ac
Current owner
From public records · entity-resolved
Hays Hill & Knotts LLC
Entity
Mailing address
2575 FERRIS RD, COLUMBUS, OH 43224-2540
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2009
—
Hays Hill & Knotts LLC
—
Deed Of Trust
related
$1,050,000 · Huntington National Bank
Sep 25, 2002
—
Hays Hill & Knotts LLC
Hays,william A
Quit Claim Deed
related
—
Mar 20, 2001
—
Bonnie L Hays
Hays,william A
Quit Claim Deed
related
—
—
—
Hays Hill & Knotts LLC
—
Deed Of Trust
related
$1,233,500 · Huntington National Bank
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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