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Property profile & analytics
OFF-MARKET
Estimated value
$2,640,000
Outlet malls
4590 Broad St Columbus, OH 43213-1301
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-0763852
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1973
Total area
30,240 SF
Lot
4.22 ac (183,780 SF)
Zoning code
4614
APN
090-005538
UPID
US66-0763852
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
-
Shop NBC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.81M
Blend (final)
Blend
$2.64M
Owner & transaction history
Office City INC · 6 yrs held
Office City INC
since 2020
4 recorded transactions
Zoning & alternative use
4614 · Columbus, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.4M
+36.2%
Office building
$4.1M
+28.5%
Medical building
$4.1M
+26.9%
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
RETAIL STORES
$3,220,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,385,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$4,135,000
Change: +28% · Conversion: Easy
MEDICAL BUILDING
$4,085,000
Change: +27% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,270,000
Change: +2% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,935,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$2.64M
Range $2.38M – $2.90M · ±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
$87 / 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
$64,494
Tax year 2023
Assessed value
$860,760
Assessed 2023
Previous assessed
$485,110
+77.4% YoY
Effective rate
7.49%
On assessed value
Assessed land
$450,210
Assessed improvement
$410,550
Land market value
$1,286,300
Improvement market value
$1,173,000
Total market value
$2,459,300
Applied tax rate
90.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1973
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
30,240 SF
Lot
4.22 ac (183,780 SF)
Zoning code
4614
APN
090-005538
UPID
US66-0763852
Jurisdiction
FRANKLIN
Zoning & alternative use
4614 · Columbus, OH
Zoning 4614 · permitted uses
4614 · 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
RETAIL STORES Current
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.4M
OFFICE BUILDING
Est. value
$4.1M
MEDICAL BUILDING
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$2.9M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1973
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
4.22 ac
Current owner
From public records · entity-resolved
Office City INC
Entity
Free & Clear · 6 yrs held
Mailing address
250 CIVIC CTR DR STE #500, COLUMBUS, OH 43215-5088
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2020
—
Office City INC
State Street Holding INC
Grant Deed
related
—
Dec 30, 2016
—
City Of Whitehall
Office City INC
Quit Claim Deed
related
—
Jun 1, 2016
—
Office City INC
State Street Holding INC
Grant Deed
related
—
May 5, 2016
—
State Street Holding INC Tr
Office City INC
Grant Deed
related
$4,000,000 · First Fed'l Bk/the Midwest
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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