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Property profile & analytics
OFF-MARKET
Office buildings
438 Wilson Brg Rd Worthington, OH 43085-2382
Entity Owned
6-yr Hold
Free & Clear
Property ID
US66-6302512
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
39,012 SF
Lot
11.35 ac (494,362 SF)
Zoning code
510
APN
100-005932
UPID
US66-6302512
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
City Of Worthington · 6 yrs held
City Of Worthington
since 2020
Last sale
$145,542
6 recorded transactions
Zoning & alternative use
510 · Worthington, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Worthington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Worthington 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$137,683
Tax year 2023
Assessed value
$1,486,660
Assessed 2023
Previous assessed
$1,474,380
+0.8% YoY
Effective rate
9.26%
On assessed value
Assessed land
$778,610
Assessed improvement
$708,050
Land market value
$2,224,600
Improvement market value
$2,023,000
Total market value
$4,247,600
Applied tax rate
100.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Heating
YES
Cooling
CENTRAL
Buildings
3
Stories
2
Total area
39,012 SF
Lot
11.35 ac (494,362 SF)
Zoning code
510
APN
100-005932
UPID
US66-6302512
Jurisdiction
FRANKLIN
Zoning & alternative use
510 · Worthington, OH
Zoning 510 · permitted uses
510 · Worthington, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Worthington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Heating
YES
Cooling
Yes
Stories
2
Buildings
3
Lot
11.35 ac
Current owner
From public records · entity-resolved
City Of Worthington
Entity
Free & Clear · 6 yrs held
Mailing address
3 EASTON OVAL STE #120, COLUMBUS, OH 43219-6293
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2020
$145,542
City Of Worthington
Rush Creek Investors LLC
Warranty Deed
—
Jan 5, 2016
$3,735,000
Rush Creek Investors LLC
Bacm 2004-5 Rush Creek Commerc
Grant Deed
related
$3,200,000 · First Fed'l Bk/the Midwest
Sep 15, 2014
$3,000,000
Bacm 2004-5 Rush Creek Commerc
Sheriff Of Franklin County
Trustees Deed
—
Jul 28, 2004
—
Phl-opco
Phoenix Life Insurance
Quit Claim Deed
related
—
Jul 28, 2004
$6,300,000
Rc II Partners LLC
Phl-opco
Grant Deed
$5,040,000 · General Electric Capital Corp
Dec 21, 1998
$4,780,400
Phlopco LP
Phoenix Home Life Mutual Ins
Grant Deed
—
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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