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Property profile & analytics
OFF-MARKET
Estimated value
$1,355,000
Medical Office Space
5072 Reed Rd, Columbus, OH 43220-7536
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US66-3281192
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
WOOD
Total area
8,162 SF
Lot
1.24 ac (54,058 SF)
APN
010-113662
UPID
US66-3281192
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
-
Pediatric and Adolescent Medicine Pediatrician Medical Clinic
-
Pediatric and Adolescent Medicine, Jennifer Mastruserio, MD Pediatrician Medical Clinic
-
Jennifer Beck Carlos Pediatrician Medical Clinic
-
Patricia Francis, MD Pediatrician Medical Clinic
-
Dr. Matthew J. Morrison Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.50M
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.36M
Owner & transaction history
City Of Columbus Ohio · 20 yrs held
City Of Columbus Ohio
since 2006
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+68.9%
Auto repair, garage
$1.3M
+17.4%
Apartment house (5+ units)
$1.2M
+7.4%
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%
$1,620,000
6.5%
$1,495,000
7%
$1,390,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,100,000
Current use
RESTAURANT
$1,860,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,295,000
Change: +17% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,185,000
Change: +7% · Conversion: Moderate
OFFICE BUILDING
$940,000
Change: -15% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$880,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.36M
Range $1.22M – $1.49M · ±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
$166 / 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
$46,754
Tax year 2023
Assessed value
$640,050
Assessed 2023
Previous assessed
$539,040
+18.7% YoY
Effective rate
7.30%
On assessed value
Assessed land
$198,660
Assessed improvement
$441,390
Land market value
$567,600
Improvement market value
$1,261,100
Total market value
$1,828,700
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Rooms
5
Bathrooms
2
Total area
8,162 SF
Lot
1.24 ac (54,058 SF)
APN
010-113662
UPID
US66-3281192
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
MEDICAL BUILDING Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$940,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$880,000
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Rooms
5
Bathrooms
2
Lot
1.24 ac
Current owner
From public records · entity-resolved
City Of Columbus Ohio
Entity
Mailing address
5072 REED RD, COLUMBUS, OH 43220-7536
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
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
Apr 13, 2006
—
Five Chicks & A Dude LLC
—
Trustees Deed
related
$1,160,000 · Commerce National Bank
Mar 30, 2006
—
City Of Columbus Ohio
Five Chicks & A Dude LLC
Warranty Deed
—
Nov 3, 2005
$365,000
Five Chicks & A Dude LLC
Des Ventures LLC
Warranty Deed
$237,250 · Sky Bank
—
—
Des Ventures LLC
—
Deed Of Trust
related
$265,000 · Park National 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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