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Property profile & analytics
OFF-MARKET
Estimated value
$2,440,000
Truck terminals
4141 Parkwest Dr, Columbus, OH 43228-1400
Entity Owned
26-yr Hold
Free & Clear
Property ID
US66-1658428
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1998
Total area
38,262 SF
Lot
52.83 ac (2,301,449 SF)
APN
570-234588
UPID
US66-1658428
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
-
Swift Transportation Truck Driving Academy - Columbus Vocational School
-
Swift Transportation - Columbus Terminal Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.44M
Owner & transaction history
Swift Transportation Co INC · 26 yrs held
Swift Transportation Co INC
since 1999
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.7M
+123.3%
Apartment house (5+ units)
$3.5M
+113.3%
Medical building
$3.1M
+89.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
TRUCK TERMINAL (MOTOR FREIGHT)
$1,640,000
Current use
AUTO REPAIR, GARAGE
$3,660,000
Change: +123% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,500,000
Change: +113% · Conversion: Difficult
MEDICAL BUILDING
$3,100,000
Change: +89% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,485,000
Change: +52% · Conversion: Difficult
RETAIL STORES
$2,400,000
Change: +46% · Conversion: Difficult
Blend value · Realmo final
$2.44M
Range $2.20M – $2.68M · ±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
$64 / 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
$171,124
Tax year 2023
Assessed value
$2,746,070
Assessed 2023
Previous assessed
$2,121,950
+29.4% YoY
Effective rate
6.23%
On assessed value
Assessed land
$973,700
Assessed improvement
$1,772,370
Land market value
$2,782,000
Improvement market value
$5,063,900
Total market value
$7,845,900
Applied tax rate
570.0000
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
1998
Heating
YES
Cooling
CENTRAL
Buildings
4
Stories
2
Rooms
6
Bathrooms
1
Total area
38,262 SF
Lot
52.83 ac (2,301,449 SF)
APN
570-234588
UPID
US66-1658428
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
TRUCK TERMINAL (MOTOR FREIGHT) Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
TRUCK TERMINAL (MOTOR FREIGHT) Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1998
Heating
YES
Cooling
Yes
Stories
2
Buildings
4
Rooms
6
Bathrooms
1
Lot
52.83 ac
Current owner
From public records · entity-resolved
Swift Transportation Co INC
Entity
Free & Clear · 26 yrs held
Mailing address
PO BOX 29243, PHOENIX, AZ 85038-9243
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2011
—
Swift Transportation Co Of Arizon
—
Deed Of Trust
related
—
May 14, 2007
—
Swift Transportation Co INC
—
Deed Of Trust
related
$595,000,000 · Morgan Stanley Senior Funding
Dec 1, 1999
$720,000
Swift Transportation Co INC
Phillippi Road Development Co
Grant Deed
—
Aug 30, 1999
$1,200,000
Vontz Realty Co
Miller-valentine Realty INC
Grant Deed
—
May 19, 1999
$828,500
Miller Valentine Realty INC
Phillippi Road Dev Co
Grant Deed
—
—
—
Swift Transportation Co Of Arizon
—
Loan Modification
related
—
—
—
Swift Transportation Co Of Arizon
—
Loan Modification
related
—
—
—
Swift Transportation Co Of Arizon
—
Deed Of Trust
related
—
—
—
Phillipi Road Development Co
—
Deed Of Trust
related
$975,000 · Key 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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