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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Retail space
646 Nelson Rd Columbus, OH 43205-2524
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-2579812
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1963
Construction
WOOD
Total area
4,104 SF
Lot
0.31 ac (13,634 SF)
APN
010-122572
UPID
US66-2579812
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
-
Teltron Networks Inc Telecommunications Service General Contractor
-
Gorilla Dumpster Rental Columbus General Contractor Waste Management Facility
-
Campan Car Towings (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$730k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
Bj Rose Excellence Holdings LLC · 2 yrs held
Bj Rose Excellence Holdings LLC
since 2024
Last sale
$650,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$650,000
+47.8%
Office building
$585,000
+33.0%
Medical building
$555,000
+25.8%
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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$730,000
7%
$675,000
Alternative Use
Use
Estimation
RETAIL STORES
$440,000
Current use
AUTO REPAIR, GARAGE
$650,000
Change: +48% · Conversion: Difficult
OFFICE BUILDING
$585,000
Change: +33% · Conversion: Easy
MEDICAL BUILDING
$555,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$445,000
Change: +1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$410,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Jan 30 2024)
Last sale anchor
$650k
Jan 30 2024
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
$158 / 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
$3,984
Tax year 2023
Assessed value
$54,540
Assessed 2023
Previous assessed
$50,060
+8.9% YoY
Effective rate
7.30%
On assessed value
Assessed land
$10,610
Assessed improvement
$43,930
Land market value
$30,300
Improvement market value
$125,500
Total market value
$155,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
4,104 SF
Lot
0.31 ac (13,634 SF)
APN
010-122572
UPID
US66-2579812
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
RETAIL STORES Current
Est. value
$440,000
AUTO REPAIR, GARAGE
Est. value
$650,000
OFFICE BUILDING
Est. value
$585,000
MEDICAL BUILDING
Est. value
$555,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$445,000
COMMERCIAL (GENERAL)
Est. value
$410,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
1963
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Bj Rose Excellence Holdings LLC
Entity
Mailing address
5458 HOLISTON CT, GALENA, OH 43021-7597
Ownership since
2024
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
Jan 30, 2024
$650,000
Bj Rose Excellence Holdings LLC
H Terry Hoover
Warranty Deed
$370,000 · Northwest Bank
Jan 2, 2024
$21,400
H Terry Hoover
H Terry Hoover
Quit Claim Deed
related
—
Oct 4, 2023
$575,000
H Terry Hoover
Midwest Roofing And Furnace Co INC
Sheriffs Deed
related
—
Dec 27, 2017
—
Midwest Roofing & Furnace Co I
—
Deed
related
$1,000,000 · H Terry & Leon Hoover
—
—
Midwest Roofing & Furnace Co I
—
Deed Of Trust
related
$1,000,000 · H Terry Hoover
—
—
Midwest Roofing & Furnace Co I
—
Deed Of Trust
related
$40,000 · Fifth Third 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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