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Property profile & analytics
OFF-MARKET
Estimated value
$17,800,000
Grocery and convenience stores
3161 Kingsdale Ctr Columbus, OH 43221-2026
Individually Owned
3-yr Hold
Free & Clear
Property ID
US66-1906810
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2010
Total area
114,600 SF
Lot
7.82 ac (340,509 SF)
APN
070-003573
UPID
US66-1906810
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
$20.33M
Comparable Approach
Comparable
$17.93M
Blend (final)
Blend
$17.80M
Owner & transaction history
Continental Kingsdale Acquisition L · 3 yrs held
Continental Kingsdale Acquisition L
since 2023
Last sale
$17.6M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$26.1M
+112.5%
Auto repair, garage
$18.2M
+47.8%
Apartment house (5+ units)
$16.6M
+35.1%
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
$18,115,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$22,020,000
6.5%
$20,325,000
7%
$18,875,000
Alternative Use
Use
Estimation
RETAIL STORES
$12,300,000
Current use
RESTAURANT
$26,135,000
Change: +112% · Conversion: Easy
AUTO REPAIR, GARAGE
$18,175,000
Change: +48% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$16,610,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$16,355,000
Change: +33% · Conversion: Easy
MEDICAL BUILDING
$15,475,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$12,385,000
Change: +1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$11,125,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$17.80M
Range $16.02M – $19.58M · ±10% · vs last sale $17.58M (Jan 9 2023)
Last sale anchor
$17.58M
Jan 9 2023
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
$155 / 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
$422,481
Tax year 2023
Assessed value
$5,223,550
Assessed 2023
Previous assessed
$4,340,010
+20.4% YoY
Effective rate
8.09%
On assessed value
Assessed land
$1,489,570
Assessed improvement
$3,733,980
Land market value
$4,255,900
Improvement market value
$10,668,500
Total market value
$14,924,400
Applied tax rate
70.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2010
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
114,600 SF
Lot
7.82 ac (340,509 SF)
APN
070-003573
UPID
US66-1906810
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
RETAIL STORES Current
Est. value
$12.3M
RESTAURANT
Est. value
$26.1M
AUTO REPAIR, GARAGE
Est. value
$18.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.6M
OFFICE BUILDING
Est. value
$16.4M
MEDICAL BUILDING
Est. value
$15.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.4M
COMMERCIAL (GENERAL)
Est. value
$11.1M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2010
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
7.82 ac
Current owner
From public records · entity-resolved
Continental Kingsdale Acquisition L
Individual
Free & Clear · 3 yrs held
Mailing address
150 E BROAD ST, COLUMBUS, OH 43215-3610
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2023
—
Continental Kingsdale Acquisition L
Echo Kingsdale LLC
Intrafamily Transfer
related
—
Jul 8, 2011
—
Davis,thomas R Tr
Echo Of Continental Kingsdale LLC
Quit Claim Deed
related
—
Oct 10, 1997
$17,575,000
Rrc Acquisitions INC
Tbc Kingsdale INC
Grant Deed
—
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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