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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Retail space
3599 Refugee Rd Columbus, OH 43232-4965
Entity Owned
4-yr Hold
Free & Clear
Property ID
US66-2476558
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Construction
WOOD
Total area
5,144 SF
Lot
1.85 ac (80,586 SF)
Zoning code
3599
APN
530-158220
UPID
US66-2476558
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
-
Mose Auto Services Auto Repair Shop
-
Plumbing Solutions Inc Plumbing Service General Contractor
-
Saul Auto Repair Service Auto Repair Shop
-
Royal Auto, Inc. Car Dealership
-
Argen Pro Detailing Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$910k
Comparable Approach
Comparable
$888k
Blend (final)
Blend
$665k
Owner & transaction history
399 Refugee Road LLC · 4 yrs held
399 Refugee Road LLC
since 2021
Last sale
$700,000
4 recorded transactions
Zoning & alternative use
3599 · Columbus, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$815,000
+47.8%
Apartment house (5+ units)
$745,000
+35.1%
Office building
$735,000
+33.0%
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
$500,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
$990,000
6.5%
$910,000
7%
$845,000
Alternative Use
Use
Estimation
RETAIL STORES
$550,000
Current use
AUTO REPAIR, GARAGE
$815,000
Change: +48% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$745,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$735,000
Change: +33% · Conversion: Easy
MEDICAL BUILDING
$695,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$555,000
Change: +1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$500,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $700k (Aug 16 2021)
Last sale anchor
$700k
Aug 16 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
$129 / 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
$13,655
Tax year 2023
Assessed value
$235,560
Assessed 2023
Previous assessed
$192,500
+22.4% YoY
Effective rate
5.80%
On assessed value
Assessed land
$36,300
Assessed improvement
$199,260
Land market value
$103,700
Improvement market value
$569,300
Total market value
$673,000
Applied tax rate
530.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
5,144 SF
Lot
1.85 ac (80,586 SF)
Zoning code
3599
APN
530-158220
UPID
US66-2476558
Jurisdiction
FRANKLIN
Zoning & alternative use
3599 · Columbus, OH
Zoning 3599 · permitted uses
3599 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$550,000
AUTO REPAIR, GARAGE
Est. value
$815,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$745,000
OFFICE BUILDING
Est. value
$735,000
MEDICAL BUILDING
Est. value
$695,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$555,000
COMMERCIAL (GENERAL)
Est. value
$500,000
RETAIL STORES Current
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
1972
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
1.85 ac
Current owner
From public records · entity-resolved
399 Refugee Road LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1265 MORSE RD, COLUMBUS, OH 43229-6320
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2025
—
3599 Refugee Road LLC
—
Deed
related
$2,000,000 · Adelphi Bank
Aug 16, 2021
$700,000
399 Refugee Road LLC
Empire Square LLC
Warranty Deed
—
Mar 7, 2018
$550,130
Empire Square LLC
Berg,carol F
Warranty Deed
$373,226 · Telhio Cu
Aug 25, 2008
—
Carol F Berg
Feyes 1992 Trust
Warranty Deed
related
—
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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