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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Drive through restaurants
5132 High St Columbus, OH 43214-1526
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US66-0200608
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2014
Total area
3,748 SF
Lot
1.29 ac (56,410 SF)
APN
010-110850
UPID
US66-0200608
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
-
Raising Cane's Chicken Fingers Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$701k
Blend (final)
Blend
$625k
Owner & transaction history
Anthony Mistretta · 11 yrs held
Anthony Mistretta
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$920,000
+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
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$855,000
Current use
OFFICE BUILDING
$920,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$167 / 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
$38,217
Tax year 2023
Assessed value
$523,180
Assessed 2023
Previous assessed
$383,460
+36.4% YoY
Effective rate
7.30%
On assessed value
Assessed land
$245,770
Assessed improvement
$277,410
Land market value
$702,200
Improvement market value
$792,600
Total market value
$1,494,800
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2014
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
7
Bathrooms
1
Total area
3,748 SF
Lot
1.29 ac (56,410 SF)
APN
010-110850
UPID
US66-0200608
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
RESTAURANT Current
Est. value
$855,000
OFFICE BUILDING
Est. value
$920,000
RESTAURANT Current
OFFICE BUILDING
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
2014
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
7
Bathrooms
1
Lot
1.29 ac
Current owner
From public records · entity-resolved
Anthony Mistretta
Individual
Mailing address
4051 E BROADWAY, LONG BEACH, CA 90803-1502
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2015
$2,015,000
Anthony Mistretta
Nst Exchange LLC
Grant Deed
—
Mar 7, 2014
$440,000
Nst Exchange LLC
5132 N High LLC
Grant Deed
$1,400,000 · Reynoldsburg Properties LLC
Jul 16, 2010
$449,000
5132 N High LLC
5132 N High Street LLC
Warranty Deed
—
Sep 27, 2007
—
5132 N High Street LLC
Akbar Hadjarpour
Warranty Deed
$1,040,000 · Peoples Bank NA
Feb 10, 2003
$329,500
Akbar Hadjarporu
Hadjarporu Development & Mgmt
Grant Deed
related
—
—
—
Development Hadjarpour
—
Deed Of Trust
related
$200,000 · Key Bank NA
—
—
Hadjarpour & Dev & Mgmt Ltd
—
Deed Of Trust
related
$270,000 · Us Bank NA
—
—
Hadjarpour Dev Management Ltd
—
Deed Of Trust
related
$150,000 · Cohen Trust
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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