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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Drug stores
6201 Broad St Columbus, OH 43213-5500
Entity Owned
2-yr Hold
Free & Clear
Property ID
US66-2140574
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2007
Total area
14,618 SF
Lot
1.33 ac (58,065 SF)
Zoning code
6103
APN
010-008898
UPID
US66-2140574
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Walgreens Pharmacy Pharmacy
-
Edward H. Stolarski, RPH Pharmacy
-
Sherwyn N. Graves, RPH Pharmacy
-
FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.40M
Owner & transaction history
City Of Columbus · 2 yrs held
City Of Columbus
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
6103 · Columbus, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.3M
+49.0%
Apartment house (5+ units)
$2.1M
+36.2%
Office building
$2.0M
+28.5%
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 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
$1,395,000
ML approach
$1,395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,555,000
Current use
AUTO REPAIR, GARAGE
$2,320,000
Change: +49% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,120,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$2,000,000
Change: +28% · Conversion: Easy
MEDICAL BUILDING
$1,975,000
Change: +27% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,580,000
Change: +2% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,420,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10% · vs last sale $1.35M (Jun 9 2020)
Last sale anchor
$1.35M
Jun 9 2020
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
$95 / 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
$68,271
Tax year 2023
Assessed value
$934,610
Assessed 2023
Previous assessed
$795,450
+17.5% YoY
Effective rate
7.30%
On assessed value
Assessed land
$457,280
Assessed improvement
$477,330
Land market value
$1,306,500
Improvement market value
$1,363,800
Total market value
$2,670,300
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2007
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
14,618 SF
Lot
1.33 ac (58,065 SF)
Zoning code
6103
APN
010-008898
UPID
US66-2140574
Jurisdiction
FRANKLIN
Zoning & alternative use
6103 · Columbus, OH
Zoning 6103 · permitted uses
6103 · Columbus, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Columbus. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL 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
2007
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
1.33 ac
Current owner
From public records · entity-resolved
City Of Columbus
Entity
Free & Clear · 2 yrs held
Mailing address
4335 VAN NUYS BLVD #378, SHERMAN OAKS, CA 91403-3727
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
Dec 19, 2023
—
City Of Columbus
Lm&c Wg 15 LLC
Warranty Deed
—
Jun 9, 2020
$6,730,000
Lm & C-wg-15 LLC
Erh-nnn-3 LLC
Grant Deed
—
Jan 31, 2020
—
Erh-nnn-3 LLC
—
Deed
related
$45,000,000 · Wells Fargo Bk
Feb 12, 2018
$6,905,600
Erh Nnn 3 LLC
Ridawag E Columbus LLC
Limited Warranty Deed
$13,439,000 · Coastal FCU
Oct 16, 2012
—
Vif II Of Ridawag E Columbus LLC
—
Deed Of Trust
related
$4,832,404 · Compass Bank
Feb 27, 2008
—
Columbus-mcnaughten LLC
—
Deed Of Trust
related
$6,325,000 · Wachovia Bank NA
Aug 4, 2006
—
City Of Columbus Ohio
Columbus-mcnaughten LLC
Quit Claim Deed
related
—
Jul 7, 2006
$2,340,000
Columbus-mcnaughten LLC
Mount Carmel Health System
Grant Deed
—
Jun 12, 2000
$1,350,000
Mount Carmel Health System
Wilhelm,jamed D
Grant Deed
—
—
—
Erh-nnn-3 LLC
—
Deed Of Trust
related
$45,000,000 · Wells Fargo Bk
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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