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    3620 Brandon St Columbus, OH 43224
    Property profile & analytics

    3620 Brandon St, Columbus, OH 43224

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    • Warehouses
    • 4,800 SF
    • 0.34 lot acres
    For Lease
    $9 SF/Yr
    View Listing →
    Warehouse with Front Office For Lease
    $9 SF/Yr
    6,528 SF

    Warehouse with Front Office

    A flexible front office and back warehouse setup with overhead doors and parking for contractors or small showroom operators.

    3620 Brandon Street, Columbus, OH 43224
    View Listing
    Property ID
    US66-2001864
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $870,000
    Cap Rate Potential
    5.6%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Kemp Wholesale & Supply Inc / Big Box & Wholesale Store / Building Supply

    Property Details for 3620 Brandon St

    Year built
    1960
    Construction
    WOOD
    Lot size
    0.34 lot acres
    Zone code
    3620
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    130-002465
    APU
    130002465

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 7, 2024 $872,200 Silk Enterprise LLC Helen L Bare Warranty Deed $703k · The State Bank & Trust Co
    Sep 8, 2023 — Helen L Bare Melinda L Murphy Fiduciary Deed —
    Jan 26, 2016 — Thelma L Kemp Kemp,earl W Affidavit Of Death · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $870,000
      ML approach
      $870,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $820,000
      6.5%
      $760,000
      7%
      $705,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $760,000
      OFFICE BUILDING
      $685,000
      MEDICAL BUILDING
      $650,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9559
    Latitude
    40.0425
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,467
    $15,510
    $53,940
    $69,450
    -
    $44,300
    $154,100
    $198,400

    Comparable in this City

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      1,679 SF

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      2909 Suwanee Rd

      MINI-WAREHOUSE, STORAGE
      2909 Suwanee Rd, Columbus, OH 43224-4436
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    • Value Estimation
      $735,000
      5,265 SF

      1936 Britains Ln

      MINI-WAREHOUSE, STORAGE
      1936 Britains Ln, Columbus, OH 43224-3669
      View Details
    • Value Estimation
      $4,610,000
      61,200 SF

      2066 Britains Ln, Unit 2182

      MINI-WAREHOUSE, STORAGE
      2066 Britains Ln, Columbus, OH 43224-5613
      View Details
    • Value Estimation
      $3,660,000
      51,000 SF

      2160 Innis Rd

      MINI-WAREHOUSE, STORAGE
      2160 Innis Rd, Columbus, OH 43224-3647
      View Details
    • Value Estimation
      $920,000
      11,150 SF

      2873 Suwanee Rd

      MINI-WAREHOUSE, STORAGE
      2873 Suwanee Rd, Columbus, OH 43224-4469
      View Details

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    • Contact for pricing
      6,835 SF

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      Fully leased retail property with diverse tenant mix.
      3708-3710 Cleveland Ave, Columbus, OH 43224
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      Contact for pricing
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      Townhome-Style Duplex Portfolio

      Six duplex buildings offer consistent 2-bedroom townhome-style units, each with 1.5 baths and unfinished basements.
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      Four-Unit Brick Quadplex

      Two-bedroom units with separately metered utilities support straightforward leasing and tenant billing.
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    • $900,000

      North Linden Multifamily Investment Opportunity

      Well-maintained 8-unit apartment building with strong rental income in Columbus.
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      Four-Unit Multifamily Investment Property

      Four-unit property with two-bedroom apartments, ideal for investment.
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      14,490 SF

      Corner Retail Property for Sale

      Hard corner location near Ohio State University with in-place cash-flow.
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    Similar Nearby for Lease

    • New
      $9 SF/Yr
      6,528 SF

      Warehouse with Front Office

      A flexible front office and back warehouse setup with overhead doors and parking for contractors or small showroom operators.
      3620 Brandon St, Columbus, OH 43224
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail spaces available for lease in Columbus, OH.
      3349-3561 Cleveland Ave, Columbus, OH 43224
      View Details
    • Contact for pricing
      3,197 SF

      Retail Space Near Grocery Store

      Retail space anchored by Saraga International Grocery Store.
      3461 Cleveland Ave, Columbus, OH 43224
      View Details
    • Contact for pricing

      Retail Units in Shopping Center

      Two retail units available in neighborhood shopping center.
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      View Details
    • Contact for pricing
      2,250 SF

      Retail Space in High-Traffic Area

      Retail space with high visibility and strong tenant mix.
      3431 Cleveland Ave, Columbus, OH 43224
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    • Contact for pricing
      4,500 SF

      Retail Space in High-Traffic Area

      Retail space with national tenants and high visibility.
      3433-3479 Cleveland Ave, Columbus, OH 43224
      View Details
    View Listing
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    Columbus, OH 43224
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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