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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Truck terminals
3840 Fisher Rd, Columbus, OH 43228-1016
Entity Owned
28-yr Hold
~
Est. High Equity
Property ID
US66-2171683
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1964
Construction
WOOD
Total area
10,488 SF
Lot
6.66 ac (290,284 SF)
Zoning code
3842
APN
010-013032
UPID
US66-2171683
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
-
Valley Interior Systems, Inc. Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$685k
Blend (final)
Blend
$550k
Owner & transaction history
Fisher Road Investments Ltd · 28 yrs held
Fisher Road Investments Ltd
since 1998
4 recorded transactions
Zoning & alternative use
3842 · Columbus, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$850,000
+89.0%
Commercial (general)
$680,000
+51.6%
Retail stores
$660,000
+46.4%
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
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
TRUCK TERMINAL (MOTOR FREIGHT)
$450,000
Current use
MEDICAL BUILDING
$850,000
Change: +89% · Conversion: Difficult
COMMERCIAL (GENERAL)
$680,000
Change: +52% · Conversion: Difficult
RETAIL STORES
$660,000
Change: +46% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$52 / 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
$24,455
Tax year 2023
Assessed value
$334,780
Assessed 2023
Previous assessed
$373,590
-10.4% YoY
Effective rate
7.30%
On assessed value
Assessed land
$165,940
Assessed improvement
$168,840
Land market value
$474,100
Improvement market value
$482,400
Total market value
$956,500
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
1964
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
10,488 SF
Lot
6.66 ac (290,284 SF)
Zoning code
3842
APN
010-013032
UPID
US66-2171683
Jurisdiction
FRANKLIN
Zoning & alternative use
3842 · Columbus, OH
Zoning 3842 · permitted uses
3842 · 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
TRUCK TERMINAL (MOTOR FREIGHT) Current
Est. value
$450,000
MEDICAL BUILDING
Est. value
$850,000
COMMERCIAL (GENERAL)
Est. value
$680,000
RETAIL STORES
Est. value
$660,000
TRUCK TERMINAL (MOTOR FREIGHT) Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1964
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
6.66 ac
Current owner
From public records · entity-resolved
Fisher Road Investments Ltd
Entity
Mailing address
PO BOX 68109, CINCINNATI, OH 45206-8109
Ownership since
1998
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
Oct 1, 2020
—
Fisher Road Investments Ltd
—
Deed
related
$2,000,000 · Us Bank NA
Jan 26, 1998
$475,000
Fisher Road Investments Ltd
Overland Transportation System
Grant Deed
$305,000 · Star Bank
—
—
Fisher Road Investments Ltd
—
Deed Of Trust
related
$305,000 · Us Bank NA
—
—
Fisher Road Investments Ltd
—
Deed Of Trust
related
$305,000 · Us Bank NA
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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