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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Medical Office Space
4490 Indianola Ave Columbus, OH 43214-2244
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-2440895
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1979
Construction
WOOD
Total area
2,475 SF
Lot
0.34 ac (14,723 SF)
APN
010-084560
UPID
US66-2440895
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
-
Dr. Rob Gardner, DDS Dental Office
-
HW Dental Clintonville (Clintonville Dentistry) Dental Office
-
Premier Dental of Clintonville Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$455k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
4490 Indianola Realty LLC · 1 yrs held
4490 Indianola Realty LLC
since 2025
Last sale
$720,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$605,000
+81.4%
Auto repair, garage
$390,000
+17.4%
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
$620,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$490,000
6.5%
$455,000
7%
$420,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$605,000
Change: +81% · Conversion: Easy
AUTO REPAIR, GARAGE
$390,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $720k (Mar 18 2025)
Last sale anchor
$720k
Mar 18 2025
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
$257 / 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
$9,788
Tax year 2023
Assessed value
$133,990
Assessed 2023
Previous assessed
$110,320
+21.5% YoY
Effective rate
7.31%
On assessed value
Assessed land
$61,850
Assessed improvement
$72,140
Land market value
$176,700
Improvement market value
$206,100
Total market value
$382,800
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
2,475 SF
Lot
0.34 ac (14,723 SF)
APN
010-084560
UPID
US66-2440895
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
OFFICE BUILDING
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$390,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1979
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
4490 Indianola Realty LLC
Entity
Mailing address
11624 BEACOM RD, SUNBURY, OH 43074-9619
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2025
—
4500 Indianola LLC
—
Deed
related
$668,334 · The Union Bank Company
Jun 18, 2025
$720,000
4490 Indianola Realty LLC
4500 Indianola LLC
Deed
$576,000 · Us Bank NA
Sep 21, 2021
$678,000
4500 Indianola LLC
Heal Properties Ltd
Warranty Deed
$636,000 · The Union Bank Co
Jan 5, 2018
—
Heal Properties Ltd
—
Deed
related
$298,810 · Huntington Nat'l Bk
Apr 23, 2008
$375,000
Heal Properties Ltd
Saha Properties LLC
Warranty Deed
$467,500 · National Cty Bk
Sep 20, 2002
$230,000
Saha Properties LLC
Richardson,betty M
Grant Deed
$207,000 · Ackerman Cu
—
—
Saha Properties LLC
—
Deed Of Trust
related
$31,000 · First Bexley Bank
—
—
Saha Properties LLC
—
Deed Of Trust
related
$100,000 · First Bexley Bank
—
—
Saha Properties LLC
—
Deed Of Trust
related
$225,000 · Perpetual Savings Bank
—
—
Saha Properties LLC
—
Deed Of Trust
related
$442,500 · Perpetual Fsb
—
—
Heal Properties Ltd
—
Deed Of Trust
related
$298,810 · Huntington Nat'l Bk
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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