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Property profile & analytics
OFF-MARKET
Estimated value
$1,615,000
Parking lots & garages
4501-4503 High St, Columbus, OH 43214
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-0672559
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
2004
Total area
8,175 SF
Lot
1.95 ac (84,942 SF)
Zoning code
4509
APN
010-083860
UPID
US66-0672559
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
$1.61M
Blend (final)
Blend
$1.62M
Owner & transaction history
Beechwold Place Investors LLC · 22 yrs held
Beechwold Place Investors LLC
since 2004
5 recorded transactions
Zoning & alternative use
4509 · Columbus, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+79.3%
Restaurant
$1.9M
+66.9%
Auto repair, garage
$1.3M
+16.0%
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
PARKING LOT
$1,115,000
Current use
OFFICE BUILDING
$2,005,000
Change: +79% · Conversion: Difficult
RESTAURANT
$1,865,000
Change: +67% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,295,000
Change: +16% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,185,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$1,105,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.62M
Range $1.45M – $1.78M · ±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
$198 / 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
$15,683
Tax year 2023
Assessed value
$263,640
Assessed 2023
Previous assessed
$136,520
+93.1% YoY
Effective rate
5.95%
On assessed value
Assessed land
$245,500
Assessed improvement
$18,140
Land market value
$701,400
Improvement market value
$51,800
Total market value
$753,200
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
2004
Heating
GAS
Cooling
YES
Stories
1
Rooms
6
Bathrooms
1
Total area
8,175 SF
Lot
1.95 ac (84,942 SF)
Zoning code
4509
APN
010-083860
UPID
US66-0672559
Jurisdiction
FRANKLIN
Zoning & alternative use
4509 · Columbus, OH
Zoning 4509 · permitted uses
4509 · 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
PARKING LOT Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$2.0M
RESTAURANT
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
PARKING LOT Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
2004
Heating
GAS
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
1
Lot
1.95 ac
Current owner
From public records · entity-resolved
Beechwold Place Investors LLC
Entity
Mailing address
93 W WEISHEIMER RD, COLUMBUS, OH 43214-2544
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2015
—
First Unitarian Universalist C
—
Trustees Deed
related
$525,000 · Cs Bank
Feb 20, 2004
$650,000
Beechwold Place Investors LLC
First Unitarian Universalist
Grant Deed
$3,200,000 · Fifth Third Bank
Apr 9, 2002
—
Harold L Voss
Lyle Voss Co
Quit Claim Deed
related
—
Apr 9, 2002
$156,300
Unitarian Univer Church First
Cyle,thomas C
Grant Deed
related
$831,875 · National City Bank
—
—
First Unitarian Universalist C
—
Deed Of Trust
related
$492,100 · Cs Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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