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Property profile

5175 Morse Rd Columbus, OH 43230

FOR LEASE
Medical Office Space
Property ID
US66-1636377
20,706 SF 2.03 ac lot Built 2008
Last sale Aug 2007 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is located in Gahanna near Hamilton Quarter and is configured as a multi-suite commercial building intended for lease use. It includes at least two available suites with interior areas of approximately 1,860 square feet (Suite 450) and 2,639 square feet (Suite 410). The spaces were previously used for medical services, including pediatrics and primary care. Monument signage is available, and the building supports tenant improvements through an allowance for longer-term occupancies.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$111k
Tax billed · 2023
Assessed value$1.34M
Assessed land$248k
Assessed improvement$1.09M
Effective rate8.29%

Value estimate

· Oct 2026
$815k
$734k – $897k
Submarket $/SF estimate$1.99M
NOI build-up
Gross scheduled income$127k
Vacancy & credit loss−$15k
Operating expenses−$45k
NOI · 431,503.23% cap applied$67k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$135/SF
Submarket average, outlier-cleaned · 81 recorded sales of this use type
Observed band · Q1–Q3$91 – $194

Cap rate analysis

How does the asset earn?
431,503.23%
$67k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.6
Kitchen & Bath11.7
Grocery Store11.5

Location

5175 Morse Rd Columbus, OH 43230
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
765 Hamilton, Gahanna, OH 43230-8703 $7,870,000 Oct 2025 2,073 SF
175 Johnstown, Gahanna, OH 43230-5714 $1,725,000 Mar 2025 No data
78 Ml, Gahanna, OH 43230-3012 $430,000 Feb 2025 2,494 SF
535 Officenter, Gahanna, OH 43230-5314 $4,525,000 Dec 2023 11,429 SF
715 Buckles N, Columbus, OH 43230-6883 $352,800 Jul 2021 7,474 SF
1085 Johnstown, Gahanna, OH 43230-6849 $950,000 Jun 2021 8,430 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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