Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4849 Evanswood Dr Columbus, OH 43229-6206

    • Warehouses
    • 43,844 SF
    • 2.35 lot acres
    OFF-MARKET
    Value Estimations
    $790,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1964135
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Fournier Rubber & Supply Co / Hose Supplier / Manufacturer
    • United Skates of America / Roller Skating Rink
    • Atlas Butler Plumbing / Plumber
    • Atlas Butler Heating, Cooling & Plumbing / Plumber / Air Conditioning Repair Service

    Property Details for 4849 Evanswood Dr

    Year built
    1973
    Lot size
    2.35 lot acres
    Property size
    43,844 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    010-000597
    APU
    10000597

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $760,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $818,000
      Market price range: $767k - $1.85M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9947
    Latitude
    40.0653
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $41,690
    $45,330
    $525,390
    $570,720
    -
    $129,500
    $1,501,100
    $1,630,600

    Comparable in this City

    • Value Estimation
      $330,000
      1.70 Acres

      Dublin Granville Rd

      MINI-WAREHOUSE, STORAGE • 1.70 Acres
      Dublin Granville Rd, Columbus, OH 43229
      View Details
    • Value Estimation
      $445,000
      7,884 SF

      Kingsmill Ct

      MINI-WAREHOUSE, STORAGE • 7,884 SF
      Kingsmill Ct, Columbus, OH 43229
      View Details
    • Value Estimation
      $260,000
      0.11 Acres

      1000 Kingsmill Pkwy

      MINI-WAREHOUSE, STORAGE • 0.11 Acres
      1000 Kingsmill Pkwy, Columbus, OH 43229-1143
      View Details
    • Value Estimation
      $310,000
      7,350 SF

      6230-6232 Huntley Rd

      MINI-WAREHOUSE, STORAGE • 7,350 SF
      6230-6232 Huntley Rd, Columbus, OH 43229
      View Details
    • Value Estimation
      $905,000
      78,400 SF

      7029 Huntley Rd

      MINI-WAREHOUSE, STORAGE • 78,400 SF
      7029 Huntley Rd, Columbus, OH 43229-1099
      View Details
    • Value Estimation
      $285,000
      7,352 SF

      930 Kingsmill Pkwy

      MINI-WAREHOUSE, STORAGE • 7,352 SF
      930 Kingsmill Pkwy, Columbus, OH 43229-1131
      View Details

    Similar Nearby for Sale

    • $2,600,000
      21,028 SF

      Worthington Industrial Building For Sale

      21,028 SF industrial building with office and warehouse space.
      6661 Huntley Rd, Columbus, OH 43229
      View Details
    • $1,825,000
      17,342 SF

      Worthington Flex Building Opportunity

      Flex building in Worthington with office and warehouse space.
      1021 Checkrein Ave, Columbus, OH 43229
      View Details
    • Contact for pricing
      28,730 SF

      Flex Unit on Huntley Road

      2,500 SF flex unit ideal for contractors, great location.
      6400 Huntley Rd, Columbus, OH 43229
      View Details
    • $1,750,000
      6,126 SF

      Prime Columbus Retail Redevelopment

      Former bank, high-traffic location, redevelopment potential.
      1325 Dublin Granville Rd, Columbus, OH 43229
      View Details
    • $1,200,000
      12,878 SF

      Mixed-Use Building Near Karl Rd

      Two-story, 12-unit mixed-use building with excellent tenants.
      5915-5937 Karl Rd, Columbus, OH 43229
      View Details
    • Contact for pricing
      33,733 SF

      Columbus Office Building For Sale

      Office building with high visibility and abundant parking.
      1855 E Dublin Granville Rd, Columbus, OH 43229
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      9,583 SF

      Columbus Warehouse Space Available

      9,583 SF warehouse space for lease in Columbus, OH.
      7029 Huntley Rd, Columbus, OH 43229
      View Details
    • $5 SF/Yr
      72,000 SF

      Industrial Space with Crane

      Warehouse and office space featuring a 5-ton overhead crane.
      6150 Huntley Rd, Columbus, OH 43229
      View Details
    • $3,255,000
      28,300 SF

      Columbus Warehouse with Office/Showroom Space

      Warehouse space featuring office/showroom, varying ceiling heights, and multiple docks.
      5193 Sinclair Rd, Columbus, OH 43229
      View Details
    • Contact for pricing
      24,714 SF

      Office/Warehouse Space for Sublease

      Office/warehouse space for sublease with convenient highway access.
      480 Schrock Rd, Columbus, OH 43229
      View Details
    • $6 SF/Yr
      19,200 SF

      Columbus Office/Warehouse Sublease Opportunity

      Office/warehouse space available for sublease in Columbus, Ohio.
      990-1030 Freeway Dr N, Columbus, OH 43229
      View Details
    • $5 SF/Yr
      28,875 SF

      Industrial Space with Truck Parking

      Industrial space with outside storage and convenient highway access.
      6575 Huntley Rd, Columbus, OH 43229
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4849 Evanswood Dr
    Columbus, OH 43229-6206
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.