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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Retail space
5346 Hamilton Rd 5352 Columbus, OH 43230-1318
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-3913812
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Total area
4,800 SF
Lot
1.04 ac (45,390 SF)
APN
010-290765
UPID
US66-3913812
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
-
MedVet New Albany - NOW OPEN! Veterinary Clinic
-
Math Plus Academy of New Albany Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$860k
Comparable Approach
Comparable
$707k
Blend (final)
Blend
$735k
Owner & transaction history
Bdb Development LLC · 4 yrs held
Bdb Development LLC
since 2021
Last sale
$880,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$760,000
+47.8%
Medical building
$650,000
+25.8%
Office building
$645,000
+25.6%
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
$630,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
$930,000
6.5%
$860,000
7%
$795,000
Alternative Use
Use
Estimation
RETAIL STORES
$515,000
Current use
AUTO REPAIR, GARAGE
$760,000
Change: +48% · Conversion: Difficult
MEDICAL BUILDING
$650,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$645,000
Change: +26% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$520,000
Change: +1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$465,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $880k (Nov 17 2021)
Last sale anchor
$880k
Nov 17 2021
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
$153 / 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
$24,895
Tax year 2023
Assessed value
$340,800
Assessed 2023
Previous assessed
$308,010
+10.6% YoY
Effective rate
7.30%
On assessed value
Assessed land
$202,550
Assessed improvement
$138,250
Land market value
$578,700
Improvement market value
$395,000
Total market value
$973,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2004
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
4,800 SF
Lot
1.04 ac (45,390 SF)
APN
010-290765
UPID
US66-3913812
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
RETAIL STORES Current
Est. value
$515,000
AUTO REPAIR, GARAGE
Est. value
$760,000
MEDICAL BUILDING
Est. value
$650,000
OFFICE BUILDING
Est. value
$645,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$520,000
COMMERCIAL (GENERAL)
Est. value
$465,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2004
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Bdb Development LLC
Entity
Mailing address
7650 RIVERS EDGE DR STE #110, COLUMBUS, OH 43235-1342
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2021
$880,000
Bdb Development LLC
Nl Real Estate Holdings LLC
Limited Warranty Deed
$735,000 · Telhio Cu INC
May 1, 2012
$520,000
Nl Real Estate Holdings LLC
Csw Hamilton LLC
Receivers Deed
—
—
—
Nl Real Estate Holdings LLC
—
Deed Of Trust
related
$400,000 · Key Bank & 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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