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Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Golf courses & driving ranges
5260 Little Turtle E Way, Westerville, OH 43081-4186
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1377190
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1973
Construction
WOOD
Total area
15,664 SF
Lot
14.25 ac (620,599 SF)
Zoning code
5400
APN
600-211701
UPID
US66-1377190
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.52M
Owner & transaction history
City Of Columbus · 4 yrs held
City Of Columbus
since 2021
7 recorded transactions
Zoning & alternative use
5400 · Westerville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.2M
+34.9%
Office building
$2.1M
+30.0%
Restaurant
$1.9M
+17.5%
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 Westerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westerville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$1,605,000
Current use
MEDICAL BUILDING
$2,160,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$2,085,000
Change: +30% · Conversion: Difficult
RESTAURANT
$1,885,000
Change: +17% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,770,000
Change: +10% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,430,000
Change: -11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,355,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$1,315,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±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
$97 / 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
$73,985
Tax year 2023
Assessed value
$1,065,480
Assessed 2023
Previous assessed
$1,154,830
-7.7% YoY
Effective rate
6.94%
On assessed value
Assessed land
$86,770
Assessed improvement
$978,710
Land market value
$247,900
Improvement market value
$2,796,300
Total market value
$3,044,200
Applied tax rate
600.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
15,664 SF
Lot
14.25 ac (620,599 SF)
Zoning code
5400
APN
600-211701
UPID
US66-1377190
Jurisdiction
FRANKLIN
Zoning & alternative use
5400 · Westerville, OH
Zoning 5400 · permitted uses
5400 · Westerville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westerville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.1M
RESTAURANT
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1973
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
14.25 ac
Current owner
From public records · entity-resolved
City Of Columbus
Entity
Mailing address
147 N HIGH ST, GAHANNA, OH 43230-3028
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2021
—
City Of Columbus
Firewater Limited
Warranty Deed
—
Feb 25, 2020
—
Longrifle Condominius LLC
—
Deed
related
$4,500,000 · Heartland Bank
Jul 23, 2019
—
Firewater Ltd
—
Deed Of Trust
related
$1,450,000 · Heartland Bk
Feb 22, 2019
—
Firewater Ltd
—
Grant Deed
related
$3,200,000 · Heartland Bk
Jan 31, 2019
—
Firewater Ltd
—
Loan Modification
related
$3,200,000 · Heartland Bk
May 9, 2018
—
Firewater Ltd
—
Grant Deed
related
$3,000,000 · Heartland Bk W
Jun 29, 2017
—
Firewater Ltd
—
Grant Deed
related
$3,000,000 · Heartland Bk
Jun 10, 2015
$100,000
Firewater Ltd
Mead Priscilla D Trust
Warranty Deed
—
Dec 17, 2012
—
Mead Priscilla D Trust
Wickford Co INC
Quit Claim Deed
related
—
May 8, 2007
—
Wickford Co INC
Central Holding Corp
Quit Claim Deed
related
—
May 8, 2007
$1,900,000
Turtle Golf Property Ltd
Wickford Co INC
Warranty Deed
$453,750 · Heartland Bank
May 11, 1999
—
M & M Management Co
Wickford Co INC
Grant Deed
related
—
Oct 7, 1998
$300,000
Select Properties Ltd
Wickford Co INC
Grant Deed
—
—
—
Brookewood Construction Co INC
—
Deed Of Trust
related
$493,118 · Fifth Third Bank Central Ohio
—
—
Brookewood Construction Co INC
—
Deed Of Trust
related
$382,000 · Fifth Third Bank Central Ohio
—
—
Turtle Golf Property Ltd
—
Deed Of Trust
related
$75,000 · Heartland Bank
—
—
Turtle Golf Property Ltd
—
Deed Of Trust
related
$15,000 · Heartland Bk
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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