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Property profile & analytics
FOR LEASE
Office buildings
6530 W Campus Oval New Albany, OH 43054
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-6026603
For Lease
1 / 2
$11 SF/Yr
6530 W Campus Oval, New Albany, OH 43054
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1998
Total area
108,318 SF
Lot
8.81 ac (383,981 SF)
APN
222-003106
UPID
US66-6026603
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
-
DaVita Heart Of New Albany Dialysis Medical Clinic
-
Carter Capital Management Inc Financial Advisor
-
POWER Engineers Engineering Consultant
-
C.H. Robinson Trucking Company
-
300 Cash Loans Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.08M
Blend (final)
Blend
$10.20M
Owner & transaction history
New Albany Portfolio II LLC · 6 yrs held
New Albany Portfolio II LLC
since 2020
Last sale
$10.2M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$16.3M
+9.4%
Apartment house (5+ units)
$15.7M
+5.5%
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 New Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Albany 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
$11,075,000
ML approach
$9,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$14,885,000
Current use
MEDICAL BUILDING
$16,290,000
Change: +9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$15,700,000
Change: +5% · Conversion: Easy
RETAIL STORES
$13,535,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$10.20M
Range $9.18M – $11.22M · ±10% · vs last sale $10.20M (Feb 10 2020)
Last sale anchor
$10.20M
Feb 10 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
$94 / 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
$201,578
Tax year 2023
Assessed value
$2,555,010
Assessed 2023
Previous assessed
$2,555,010
+0.0% YoY
Effective rate
7.89%
On assessed value
Assessed land
$504,810
Assessed improvement
$2,050,200
Land market value
$1,442,300
Improvement market value
$5,857,700
Total market value
$7,300,000
Applied tax rate
222.0000
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 buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1998
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
108,318 SF
Lot
8.81 ac (383,981 SF)
APN
222-003106
UPID
US66-6026603
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
$14.9M
MEDICAL BUILDING
Est. value
$16.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.7M
RETAIL STORES
Est. value
$13.5M
OFFICE BUILDING Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1998
Heating
YES
Cooling
Yes
Stories
3
Buildings
1
Lot
8.81 ac
Current owner
From public records · entity-resolved
New Albany Portfolio II LLC
Entity
Mailing address
101 W BIG BEAVER RD STE #200, TROY, MI 48084-5255
Ownership since
2020
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
Feb 10, 2020
—
New Albany Portfolio II LLC
New Albany Portfolio LLC
Quit Claim Deed
related
$16,172,500 · Argentic R/e Fin LLC
Jul 5, 2017
—
New Albany Portfolio LLC
—
Deed
related
$39,412,184 · Ash New Albany Loan Owner LLC
Mar 5, 2007
$10,200,000
New Albany Portfolio LLC
Campus Dev Co LLC
Grant Deed
$41,950,000 · General Electric Capital Corp
—
—
New Albany Portfolio LLC
—
Loan Modification
related
$39,412,184 · Ash New Albany Loan Owner LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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