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Property profile & analytics
OFF-MARKET
Estimated value
$2,570,000
Medical Office Space
4030 Henderson Rd, Columbus, OH 43220-2287
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US66-0507598
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
WOOD
Total area
15,492 SF
Lot
2.46 ac (107,158 SF)
Zoning code
4030
APN
075-000004
UPID
US66-0507598
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
-
Natalie Beckett, DO Physician
-
Julie Hundley, MD Physician
-
Suzanne P. Stanek, NP Physician
-
Lisa Mewhort, MD Physician
-
Maria Varveris, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.84M
Comparable Approach
Comparable
$3.00M
Blend (final)
Blend
$2.57M
Owner & transaction history
Central Ohio Medicine Building · 19 yrs held
Central Ohio Medicine Building
since 2006
7 recorded transactions
Zoning & alternative use
4030 · Columbus, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+68.9%
Auto repair, garage
$2.5M
+17.4%
Apartment house (5+ units)
$2.2M
+7.4%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,080,000
6.5%
$2,840,000
7%
$2,640,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,090,000
Current use
RESTAURANT
$3,535,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,455,000
Change: +17% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,245,000
Change: +7% · Conversion: Moderate
OFFICE BUILDING
$1,790,000
Change: -15% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,675,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$2.57M
Range $2.31M – $2.83M · ±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
$166 / 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
$96,773
Tax year 2023
Assessed value
$1,153,440
Assessed 2023
Previous assessed
$1,116,510
+3.3% YoY
Effective rate
8.39%
On assessed value
Assessed land
$283,510
Assessed improvement
$869,930
Land market value
$810,000
Improvement market value
$2,485,500
Total market value
$3,295,500
Applied tax rate
75.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Rooms
3
Bathrooms
1
Total area
15,492 SF
Lot
2.46 ac (107,158 SF)
Zoning code
4030
APN
075-000004
UPID
US66-0507598
Jurisdiction
FRANKLIN
Zoning & alternative use
4030 · Columbus, OH
Zoning 4030 · permitted uses
4030 · 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
MEDICAL BUILDING Current
Est. value
$2.1M
RESTAURANT
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Rooms
3
Bathrooms
1
Lot
2.46 ac
Current owner
From public records · entity-resolved
Central Ohio Medicine Building
Individual
Mailing address
810 JASONWAY AVE STE B, COLUMBUS, OH 43214-4359
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2006
—
Central Ohio Medicine Building
Upper Arlington Cmnty Improvem
Warranty Deed
—
Sep 20, 2005
—
City Of Upper Arlington
City Of Upr Arlington Cmnty Impro
Quit Claim Deed
—
Aug 30, 2000
$665,000
Upper Arlington Community Imp
C V Perry & Co
Grant Deed
—
Nov 19, 1999
—
Ho-le-la LLP
C V Perry & Co
Grant Deed
related
—
Nov 4, 1998
$575,000
C V Perry & Co
Frederick L Ransier Trustee
Grant Deed
—
—
—
Gobo Ltd
—
Deed Of Trust
related
$500,000 · Ho-le-la LLP
—
—
Central Ohio Medicine Building
—
Deed Of Trust
related
$75,000 · Keybank USA
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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