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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Drive through restaurants
5488 Cleveland Ave Columbus, OH 43231-4049
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-0829633
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1999
Construction
WOOD
Total area
3,695 SF
Lot
2 ac (87,033 SF)
APN
600-157965
UPID
US66-0829633
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
$975k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$808k
Blend (final)
Blend
$945k
Owner & transaction history
Cp Partners Holdings LLC · 3 yrs held
Cp Partners Holdings LLC
since 2023
Last sale
$925,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$955,000
ML approach
$975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $925k (Jan 24 2023)
Last sale anchor
$925k
Jan 24 2023
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
$256 / 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
$19,443
Tax year 2023
Assessed value
$280,010
Assessed 2023
Previous assessed
$280,010
+0.0% YoY
Effective rate
6.94%
On assessed value
Assessed land
$256,100
Assessed improvement
$23,910
Land market value
$731,700
Improvement market value
$68,300
Total market value
$800,000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
3,695 SF
Lot
2 ac (87,033 SF)
APN
600-157965
UPID
US66-0829633
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
Building & site characteristics
From public records
Year built
1999
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
2 ac
Current owner
From public records · entity-resolved
Cp Partners Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2753 NORTHLAND PLZ DR, COLUMBUS, OH 43231-4053
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2023
—
Cp Partners Holdings LLC
—
Deed
related
$440,000 · The Huntington National Bank
Jan 24, 2023
$925,000
Cp Partners Holdings LLC
Nassimi Realty LLC
Limited Warranty Deed
—
Aug 1, 2022
—
Marie Goodroe
Estate Of May M Dina
Certificate Of Transfer
—
Aug 1, 2022
$487,000
Nassimi Realty LLC
Rosenell Matheke
Limited Warranty Deed
—
Jun 30, 2021
—
B Line Construction LLC
Martin J Petruzzi III
Quit Claim Deed
related
—
Jun 21, 2017
—
Marcia G Tiberi
Tiberi Family Tr
Affidavit Of Death
related
—
Jun 23, 2016
—
Tiberi Family Trust
Tiberi,felice & Marcia G
Quit Claim Deed
related
—
Jun 30, 2010
$15,000
Martin Petruzzi
Baldasarro 2000 C P Trust
Grant Deed
—
Dec 2, 2009
—
Moretti Phyllis A Trust
Moretti,phyllis A
Quit Claim Deed
related
—
Sep 6, 2006
—
Martin J Petruzzi III
Petruzzi,martin J JR & Phyllis
Quit Claim Deed
related
—
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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