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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Truck terminals
2929 14th Ave, Columbus, OH 43219-2303
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US66-2637729
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1974
Total area
7,080 SF
Lot
3.17 ac (137,955 SF)
APN
010-015329
UPID
US66-2637729
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
-
Buckner and Sons Masonry General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
Lang Masonry Real Estate LLC · 5 yrs held
Lang Masonry Real Estate LLC
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+244.8%
Auto repair, garage
$735,000
+138.5%
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
$1,090,000
ML approach
$1,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,060,000
Change: +245% · Conversion: Difficult
AUTO REPAIR, GARAGE
$735,000
Change: +138% · Conversion: Difficult
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±10% · vs last sale $1.20M (Apr 30 2021)
Last sale anchor
$1.20M
Apr 30 2021
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
$162 / 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
$20,390
Tax year 2023
Assessed value
$279,130
Assessed 2023
Previous assessed
$107,530
+159.6% YoY
Effective rate
7.30%
On assessed value
Assessed land
$129,820
Assessed improvement
$149,310
Land market value
$370,900
Improvement market value
$426,600
Total market value
$797,500
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
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
Off-Market
Year built
1974
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
7,080 SF
Lot
3.17 ac (137,955 SF)
APN
010-015329
UPID
US66-2637729
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
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$735,000
RESTAURANT
AUTO REPAIR, GARAGE
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
1974
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
3.17 ac
Current owner
From public records · entity-resolved
Lang Masonry Real Estate LLC
Entity
Mailing address
405 WATERTOWN RD, WATERFORD, OH 45786-5248
Ownership since
2021
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
Sep 14, 2021
—
Lang Masonry Real Estate LLC
—
Deed
related
$1,806,250 · City National Bank Of West Virginia
Apr 30, 2021
$1,195,000
Lang Masonry Real Estate LLC
Atpit LLC
Warranty Deed
—
Jan 14, 2013
$300,000
Atpit LLC
Lipari-ik LLC
Warranty Deed
$225,000 · Cedar Rapids Bank & Trust Co
Apr 23, 2012
$350,000
Lipari-ik LLC
Countryside Foods LLC
Grant Deed
—
Nov 21, 2008
—
Countryside Foods LLC
—
Deed Of Trust
related
$2,000,000 · Comerica Bank
Nov 4, 2008
—
Countryside Foods LLC
—
Deed Of Trust
related
$2,000,000 · Comerica Bank
Feb 14, 2008
—
Countryside Foods LLC
—
Deed Of Trust
related
$2,000,000 · Comerica Bank
Mar 1, 2007
$350,000
Countryside Foods LLC
I & K Distributors INC
Deed Of Trust
$10,000,000 · Comerica Bank
Jul 26, 2004
—
Land K Distributors INC
—
Deed Of Trust
related
$82,000,000 · Wells Fargo Foothill INC
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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