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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Bed & breakfasts
50 Lincoln St 56 Columbus, OH 43215
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US66-2372507
Property profile
Verified
Property type
Bed & breakfasts
Use group
BED & BREAKFAST
Year built
1917
Total area
4,450 SF
Lot
0.19 ac (8,102 SF)
APN
010-038156
UPID
US66-2372507
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
-
50 Lincoln-Short North Bed and Breakfast Bed & Breakfast Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
$350k
Comparable Approach
Comparable
$622k
Blend (final)
Blend
$570k
Owner & transaction history
One 22 LLC · 8 yrs held
One 22 LLC
since 2017
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$705,000
+37.1%
Office building
$630,000
+22.4%
Medical building
$600,000
+16.7%
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
$365,000
CAP Approach
CAP Return
Estimation
6%
$380,000
6.5%
$350,000
7%
$325,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$515,000
Current use
AUTO REPAIR, GARAGE
$705,000
Change: +37% · Conversion: Difficult
OFFICE BUILDING
$630,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$600,000
Change: +17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$525,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$480,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$480,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $750k (Aug 18 2024)
Last sale anchor
$750k
Aug 18 2024
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
$128 / 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
$17,093
Tax year 2023
Assessed value
$233,990
Assessed 2023
Previous assessed
$190,160
+23.0% YoY
Effective rate
7.31%
On assessed value
Assessed land
$21,530
Assessed improvement
$212,460
Land market value
$61,500
Improvement market value
$607,000
Total market value
$668,500
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
Bed & breakfasts
Use group
BED & BREAKFAST
Status
Off-Market
Year built
1917
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
2
Units
4
Rooms
14
Bathrooms
9
Total area
4,450 SF
Lot
0.19 ac (8,102 SF)
APN
010-038156
UPID
US66-2372507
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
HOTEL/MOTEL Current
Est. value
$515,000
AUTO REPAIR, GARAGE
Est. value
$705,000
OFFICE BUILDING
Est. value
$630,000
MEDICAL BUILDING
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$525,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$480,000
RETAIL STORES
Est. value
$480,000
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1917
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Units
4
Rooms
14
Bathrooms
9
Lot
0.19 ac
Current owner
From public records · entity-resolved
One 22 LLC
Entity
Mailing address
50 E LINCOLN ST, COLUMBUS, OH 43215-1516
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2017
$400,000
One 22 LLC
Park Place Dev LLC
Warranty Deed
$697,500 · Telhio Cu
May 11, 2017
—
Park Place Dev LLC
—
Trustees Deed
related
$270,000 · Telhio Cu
Apr 17, 2017
$900,000
Park Place Dev LLC
Donald G Davis
Warranty Deed
$270,000 · Telhio Cu
Dec 6, 2013
—
Donald G Davis
Davis,sandra E
Affidavit Of Death
related
—
Aug 25, 2004
—
Davis,donald G & Sandra E
Davis,sandra E
Quit Claim Deed
related
$97,400 · Olson Richard H & Maryann (te)
Aug 24, 2004
$487,000
Davis,sandra E
Olson Richard H Trust
Grant Deed
$389,600 · Taylor & Bean Mtg
Feb 5, 2004
—
Olsen,tr
Olsen,richard H & Maryanne
Quit Claim Deed
related
—
—
—
Park Place Dev LLC
—
Deed Of Trust
related
$450,000 · Telhio Cu
—
—
Davis,donald G & Sandra
—
Deed Of Trust
related
$22,600 · Olson Richard H & Maryann (te)
—
—
Park Place Dev LLC
—
Deed Of Trust
related
$450,000 · Telhio Cu
—
—
Park Place Dev LLC
—
Deed Of Trust
related
$450,000 · Private Individual
—
—
Davis,donald G & Sandra
—
Deed Of Trust
related
$97,400 · Olson Richard H & Maryann (te)
—
—
Maryanne Olson
—
Deed Of Trust
related
$125,000 · Columbus Countywide Dev Corp
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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