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Property profile & analytics
OFF-MARKET
Estimated value
$40,015,000
Office buildings
4860 Dublin Granville Rd 4900 Columbus, OH 43081-7650
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-5179432
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2017
Total area
273,100 SF
Lot
24.71 ac (1,076,411 SF)
APN
010-296247
UPID
US66-5179432
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
$51.78M
Comparable Approach
Comparable
$43.59M
Blend (final)
Blend
$40.02M
Owner & transaction history
Ohiohealth Corporation · 1 yrs held
Ohiohealth Corporation
since 2025
Last sale
$36.0M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$62.3M
+84.0%
Auto repair, garage
$43.3M
+28.0%
Apartment house (5+ units)
$39.6M
+17.0%
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
$33,975,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$56,095,000
6.5%
$51,780,000
7%
$48,080,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$33,845,000
Current use
RESTAURANT
$62,280,000
Change: +84% · Conversion: Moderate
AUTO REPAIR, GARAGE
$43,310,000
Change: +28% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$39,590,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$36,875,000
Change: +9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$29,515,000
Change: -13% · Conversion: Difficult
RETAIL STORES
$29,310,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$40.02M
Range $36.01M – $44.02M · ±10% · vs last sale $36.00M (Apr 11 2025)
Last sale anchor
$36.00M
Apr 11 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
$147 / 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
$159,494
Tax year 2023
Assessed value
$16,520,010
Assessed 2023
Previous assessed
$25,872,010
-36.1% YoY
Effective rate
0.97%
On assessed value
Assessed land
$2,081,520
Assessed improvement
$14,438,490
Land market value
$5,947,200
Improvement market value
$41,252,800
Total market value
$47,200,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2017
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
4
Total area
273,100 SF
Lot
24.71 ac (1,076,411 SF)
APN
010-296247
UPID
US66-5179432
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 Current
Est. value
$33.8M
RESTAURANT
Est. value
$62.3M
AUTO REPAIR, GARAGE
Est. value
$43.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$39.6M
MEDICAL BUILDING
Est. value
$36.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$29.5M
RETAIL STORES
Est. value
$29.3M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2017
Heating
YES
Cooling
Yes
Stories
4
Buildings
2
Lot
24.71 ac
Current owner
From public records · entity-resolved
Ohiohealth Corporation
Entity
Mailing address
1533 LK SHR DR STE #100, COLUMBUS, OH 43204-3897
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2025
$36,000,000
Ohiohealth Corporation
Big Lots Management LLC
Deed
—
May 17, 2024
—
Big Lots Management LLC
—
Deed
related
$1,000,000 · Pnc Bank NA
Apr 19, 2024
—
Big Lots Management LLC
—
Deed
related
$200,000,000 · 1903p Loan Agent LLC
Oct 30, 2019
—
Blhq LLC
Hamilton Crossing Bl LLC
Grant Deed
—
Nov 7, 2016
—
Columbus-franklin Cnty Finance
—
Deed
related
$59,500,000 · Huntington Nat'l Bk
—
—
Columbus-franklin Cnty Finance
—
Deed Of Trust
related
$59,500,000 · 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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