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Financial
Distress signals
Property profile

5770 Karl Rd Columbus, OH 43229

FOR SALE
Medical Office Space
Property ID
US66-0314249
10,224 SF 1.09 ac lot Built 1980
Last sale Dec 2014 · $725,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 2,516 square foot medical office space is ideally situated at 5770 Karl Road in Columbus, Ohio, within Franklin County. Currently vacant and immediately available, this suite presents a turnkey opportunity for medical professionals seeking a well-appointed space. The layout includes three private offices, a dedicated exam room, a functional lab, and a spacious open work area, providing ample room for various medical practices. A large waiting area with a reception desk…

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?
$17k
Tax billed · 2023
Assessed value$231k
Assessed land$101k
Assessed improvement$130k
Effective rate7.30%

Value estimate

· Oct 2026
$750k
$675k – $825k
AI approach$750k
Submarket $/SF estimate$934k
NOI build-up
Gross scheduled income$234k
Vacancy & credit loss−$28k
Operating expenses−$82k
NOI · 9.49% cap applied$123k

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?
9.49%
$123k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency84.8
Building Supply62.3
Wholesale Shop51.1

Location

5770 Karl Rd Columbus, OH 43229
County assessor Recorded deeds · 9 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6865 Oak Crk, Columbus, OH 43229-1501 $1,100,000 May 2021 6,804 SF
5797 Beechcroft, Columbus, OH 43229-2758 $1,975,000 Mar 2019 13,490 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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