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    Property profile & analytics

    6510 Huntley Rd Columbus, OH 43229-1012

    • Manufacturing properties
    • 14,510 SF
    • 1.29 lot acres
    OFF-MARKET
    Last Sale
    Oct 21, 2020
    $750,000
    Value Estimations
    $765,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-2087032
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • DML Management Co / Optician
    • The Electric Connection / Electrician

    Property Details for 6510 Huntley Rd

    Year built
    1963
    Construction
    WOOD
    Lot size
    1.29 lot acres
    Property size
    14,510 SF
    Property type
    Manufacturing properties
    APN
    100-003261
    APU
    100003261

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $775,000
      ML approach
      $745,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $493,000
      Market price range: $255k - $493k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9973
    Latitude
    40.0973
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,562
    $89,530
    $229,670
    $319,200
    -
    $255,800
    $656,200
    $912,000

    Comparable in this City

    • Value Estimation
      $390,000
      17,888 SF

      6225 Huntley Rd

      MANUFACTURING (LIGHT) • 17,888 SF
      6225 Huntley Rd, Columbus, OH 43229-1005
      View Details
    • Value Estimation
      $735,000
      148.89 Acres

      700 Schrock Rd

      FOOD PROCESSING • 148.89 Acres
      700 Schrock Rd, Columbus, OH 43229-1123
      View Details
    • Value Estimation
      $1,000,000
      328,258 SF

      6325 Huntley Rd

      FOUNDRY, INDUSTRIAL PLANT • 328,258 SF
      6325 Huntley Rd, Columbus, OH 43229-1007
      View Details
    • Value Estimation
      $450,000
      6.01 Acres

      690 Schrock Rd

      FOOD PROCESSING • 6.01 Acres
      690 Schrock Rd, Columbus, OH 43229-1123
      View Details
    • Value Estimation
      $855,000
      94,953 SF

      6600 Huntley Rd

      MANUFACTURING (LIGHT) • 94,953 SF
      6600 Huntley Rd, Columbus, OH 43229-1048
      View Details
    • Value Estimation
      $760,000
      86,249 SF

      5235 Sinclair Rd, Unit 5257

      MANUFACTURING (LIGHT) • 86,249 SF
      5235 Sinclair Rd, Columbus, OH 43229-5413
      View Details

    Similar Nearby for Sale

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      Worthington Industrial Building For Sale

      21,028 SF industrial building with office and warehouse space.
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      28,730 SF

      Flex Unit on Huntley Road

      2,500 SF flex unit ideal for contractors, great location.
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    Similar Nearby for Lease

    • $5 SF/Yr
      72,000 SF

      Industrial Space with Crane

      Warehouse and office space featuring a 5-ton overhead crane.
      6150 Huntley Rd, Columbus, OH 43229
      View Details
    • $13 SF/Yr
      1,800 SF

      Schrock Road Flex/Industrial Space

      Flexible industrial spaces available for lease starting November 1st.
      515-553 Schrock Rd, Columbus, OH 43229
      View Details
    • $9 SF/Yr
      20,800 SF

      Columbus Flex/Industrial Space Available

      20,800 SF flex/industrial space for lease in Columbus, OH.
      6185 Huntley Rd, Columbus, OH 43229
      View Details
    • $8 SF/Yr
      9,583 SF

      Columbus Warehouse Space Available

      9,583 SF warehouse space for lease in Columbus, OH.
      7029 Huntley Rd, Columbus, OH 43229
      View Details
    • $3,255,000
      28,300 SF

      Columbus Warehouse with Office/Showroom Space

      Warehouse space featuring office/showroom, varying ceiling heights, and multiple docks.
      5193 Sinclair Rd, Columbus, OH 43229
      View Details
    • Contact for pricing
      24,714 SF

      Office/Warehouse Space for Sublease

      Office/warehouse space for sublease with convenient highway access.
      480 Schrock Rd, Columbus, OH 43229
      View Details
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    6510 Huntley Rd
    Columbus, OH 43229-1012
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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