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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Specialty properties
610 Lancaster Ave Reynoldsburg, OH 43068-1127
Individually Owned
7-yr Hold
Free & Clear
Property ID
US66-5603970
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1972
Total area
8,028 SF
Lot
3.13 ac (136,473 SF)
APN
060-002386
UPID
US66-5603970
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
-
American Postal Workers Union #232 Advocacy Group
-
Extended Stay Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$744k
Blend (final)
Blend
$590k
Owner & transaction history
Apwu Columbus Ohio Area Local · 7 yrs held
Apwu Columbus Ohio Area Local
since 2018
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$825,000
+80.0%
Medical building
$740,000
+61.5%
Apartment house (5+ units)
$735,000
+60.5%
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 Reynoldsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reynoldsburg 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
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$455,000
Current use
RESTAURANT
$825,000
Change: +80% · Conversion: Difficult
MEDICAL BUILDING
$740,000
Change: +61% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$735,000
Change: +61% · Conversion: Difficult
AUTO REPAIR, GARAGE
$695,000
Change: +52% · Conversion: Difficult
COMMERCIAL (GENERAL)
$635,000
Change: +39% · Conversion: Difficult
RETAIL STORES
$560,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$73 / 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
$33,411
Tax year 2023
Assessed value
$424,350
Assessed 2023
Previous assessed
$166,290
+155.2% YoY
Effective rate
7.87%
On assessed value
Assessed land
$259,740
Assessed improvement
$164,610
Land market value
$742,100
Improvement market value
$470,300
Total market value
$1,212,400
Applied tax rate
60.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1972
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
8,028 SF
Lot
3.13 ac (136,473 SF)
APN
060-002386
UPID
US66-5603970
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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$455,000
RESTAURANT
Est. value
$825,000
MEDICAL BUILDING
Est. value
$740,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$735,000
AUTO REPAIR, GARAGE
Est. value
$695,000
COMMERCIAL (GENERAL)
Est. value
$635,000
RETAIL STORES
Est. value
$560,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1972
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
3.13 ac
Current owner
From public records · entity-resolved
Apwu Columbus Ohio Area Local
Individual
Free & Clear · 7 yrs held
Mailing address
610 LANCASTER AVE, REYNOLDSBURG, OH 43068-1127
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2021
—
Eco Site LLC
—
Deed
related
$600,000 · Barclays Bank Plc
Oct 24, 2018
$500,000
Apwu Columbus Ohio Area Local
Local 1466 Ibew Building Corp
Warranty Deed
—
Aug 7, 2008
$361,200
Local 1466 Ibew Building Corp
International Brotherhood Of Elec
Warranty Deed
—
Dec 5, 2005
$25,000
Heatwole Ents I Ltd
International Brotherhood Of Elec
Warranty Deed
—
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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