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Property profile & analytics
FOR LEASE
Retail residential properties
27-29 E 5Th Ave Columbus, OH 43201
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US66-5516246
For Lease
1 / 2
$18.95 SF/Yr
27-29 E 5Th Ave, Columbus, OH 43201
View Listing →
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1920
Construction
WOOD
Total area
6,859 SF
Lot
0.19 ac (8,233 SF)
APN
010-013430
UPID
US66-5516246
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
$779k
Blend (final)
Blend
$675k
Owner & transaction history
Stickmen Properties Ltd · 17 yrs held
Stickmen Properties Ltd
since 2008
5 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,110,000
Current use
AUTO REPAIR, GARAGE
$1,090,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$980,000
Change: -12% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$965,000
Change: -13% · Conversion: Moderate
MEDICAL BUILDING
$925,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$98 / 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
$11,176
Tax year 2023
Assessed value
$152,990
Assessed 2023
Previous assessed
$152,990
+0.0% YoY
Effective rate
7.31%
On assessed value
Assessed land
$23,800
Assessed improvement
$129,190
Land market value
$68,000
Improvement market value
$369,100
Total market value
$437,100
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
For Lease
Year built
1920
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
1
Stories
2
Total area
6,859 SF
Lot
0.19 ac (8,233 SF)
APN
010-013430
UPID
US66-5516246
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
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$980,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$965,000
MEDICAL BUILDING
Est. value
$925,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
1920
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Stickmen Properties Ltd
Entity
Mailing address
22 E GAY ST STE #800, COLUMBUS, OH 43215-3107
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2013
—
Stickmen Properties Ltd
—
Deed Of Trust
related
$2,040,000 · Insight Bk
Nov 6, 2008
$235,000
Stickmen Properties Ltd
Sopramco IV LLC
Warranty Deed
$211,500 · The Park National Bank
Jan 10, 2007
$366,000
Sopramco IV LLC
Terlecky Myron N
Grant Deed
—
Oct 3, 2002
$400,000
Columbus Metropolitan Area Com
29 East Fifth Avenue LLC
Grant Deed
—
Feb 12, 2002
—
29 East Fifth Avenue LLC
Franklin County Mental Health
Grant Deed
$288,750 · 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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