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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Medical Office Space
5175 Main St Columbus, OH 43213-2425
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-6080816
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1982
Total area
5,079 SF
Lot
1.25 ac (54,363 SF)
APN
010-187703
UPID
US66-6080816
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
-
Sartain Madelyn R DO Physician
-
Baldwin Mark D DO Physician
-
PrimeMD Primary Care and Urgent Care Medical Clinic
-
ABORIGNIAN HEALTH Physician Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$780k
CAP Approach
CAP
$930k
Comparable Approach
Comparable
$984k
Blend (final)
Blend
$780k
Owner & transaction history
Flex High School · 2 yrs held
Flex High School
since 2024
Last sale
$778,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+68.9%
Auto repair, garage
$805,000
+17.4%
Apartment house (5+ units)
$735,000
+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
$780,000
ML approach
$780,000
CAP Approach
CAP Return
Estimation
6%
$1,010,000
6.5%
$930,000
7%
$865,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$685,000
Current use
RESTAURANT
$1,160,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$805,000
Change: +17% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$735,000
Change: +7% · Conversion: Moderate
OFFICE BUILDING
$695,000
Change: +1% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$550,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $778k (Apr 15 2024)
Last sale anchor
$778k
Apr 15 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
$154 / 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
$33,549
Tax year 2023
Assessed value
$459,270
Assessed 2023
Previous assessed
$459,270
+0.0% YoY
Effective rate
7.30%
On assessed value
Assessed land
$133,140
Assessed improvement
$326,130
Land market value
$380,400
Improvement market value
$931,800
Total market value
$1,312,200
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
1982
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
5,079 SF
Lot
1.25 ac (54,363 SF)
APN
010-187703
UPID
US66-6080816
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
$685,000
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$805,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$735,000
OFFICE BUILDING
Est. value
$695,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$550,000
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
1982
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Flex High School
Individual
Mailing address
567 W BROAD ST, COLUMBUS, OH 43215-2709
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2024
$778,000
Flex High School
Lifelong Learning Administration Co
Warranty Deed
—
Jul 21, 2023
$795,000
Lifelong Learning Administration Co
Meritra Health Care Main LLC
Warranty Deed
—
Aug 10, 2018
—
Meritra Health Care Main LLC
—
Deed
related
$2,100,000 · Liftforward INC
Sep 6, 2017
—
Meritra Health Care Main LLC
—
Deed
related
$1,142,857 · Marion 9 LLC
May 19, 2017
$1,142,900
Meritra Health Care Main LLC
Urgent Care Main LLC
Warranty Deed
$1,140,378 · Naveen Bekkam
Feb 3, 2004
$750,000
Urgent Care Main LLC
Umc-main LLC
Grant Deed
$333,334 · Marion Bank
Sep 6, 2002
$1,020,500
Umc-main LLC
Evans,t W
Grant Deed
$870,000 · R L Richards Trustee
—
—
Meritra Health Care Main LLC
—
Deed Of Trust
related
$1,142,857 · Marion 9 LLC
—
—
Urgent Care Main LLC
—
Deed Of Trust
related
$333,334 · Marion Bank
—
—
Meritra Health Care Main LLC
—
Deed Of Trust
related
$2,100,000 · Liftforward INC
—
—
Urgent Care Morse LLC
—
Deed Of Trust
related
$194,443 · Marion 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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