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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Office Spaces
6031 Cleveland Ave Columbus, OH 43231-2256
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US66-0160127
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1991
Construction
WOOD
Total area
4,000 SF
Lot
0.07 ac (3,049 SF)
APN
010-219214
UPID
US66-0160127
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
-
New Millenium Home Health Home Health Care Service
-
Yaw & Delali Foundation Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$545k
Blend (final)
Blend
$510k
Owner & transaction history
New Millenium Home Health LLC · 14 yrs held
New Millenium Home Health LLC
since 2012
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$635,000
+24.7%
Medical building
$540,000
+6.2%
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
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
OFFICE BUILDING
$510,000
Current use
AUTO REPAIR, GARAGE
$635,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$540,000
Change: +6% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$430,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$430,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$128 / 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
$10,519
Tax year 2023
Assessed value
$144,000
Assessed 2023
Previous assessed
$109,170
+31.9% YoY
Effective rate
7.30%
On assessed value
Assessed land
$25,380
Assessed improvement
$118,620
Land market value
$72,500
Improvement market value
$338,900
Total market value
$411,400
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
4,000 SF
Lot
0.07 ac (3,049 SF)
APN
010-219214
UPID
US66-0160127
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
OFFICE BUILDING Current
Est. value
$510,000
AUTO REPAIR, GARAGE
Est. value
$635,000
MEDICAL BUILDING
Est. value
$540,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$430,000
RETAIL STORES
Est. value
$430,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1991
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
New Millenium Home Health LLC
Entity
Mailing address
365 MDW ASH DR, LEWIS CENTER, OH 43035-8704
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2012
$450,000
New Millenium Home Health LLC
Crank,jay T & Juanita J
Warranty Deed
$225,000 · Huntington National Bank
Jun 2, 2006
$575,000
Jay T Crank
Crm Eat LLC
Warranty Deed
$464,000 · Grange Bank
Dec 28, 2005
$575,000
Crm Eat LLC
Jt Of Sg Ents INC
Warranty Deed
$464,000 · Grange Bank
—
—
New Millenium Home Health LLC
—
Deed Of Trust
related
$225,000 · Huntington National Bank
—
—
New Millenium Home Health LLC
—
Deed Of Trust
related
$225,000 · Ohio Statewide Dev Corp
—
—
Jt/sg Enterprises INC
—
Deed Of Trust
related
$550,000 · National City Bank
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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