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    6699 High St Worthington, OH 43085-2511
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    Property profile & analytics

    6699 High St, Worthington, OH 43085-2511

    View on Map
    • Specialty properties
    • 11,734 SF
    • 3.06 lot acres
    Off-Market
    Last Sale Dec 21, 2021
    $1,500,000
    Property ID
    US66-2942555
    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.
    Value Estimations
    $1,460,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 6699 High St

    Year built
    1994
    Construction
    WOOD
    Lot size
    3.06 lot acres
    Property type
    Specialty properties
    APN
    100-006795
    APU
    100006795

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 21, 2021 $1,500,000 Sci Ohio Funeral Services INC Javid Properties LLC Limited Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,410,000
      ML approach
      $1,425,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,068,000
      Market price range: $442k - $1.07M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,440,000
      AUTO REPAIR, GARAGE
      $1,355,000
      OFFICE BUILDING
      $1,270,000
      APARTMENT HOUSE (5+ UNITS)
      $1,075,000
      MEDICAL BUILDING
      $950,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Worthington
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0181
    Latitude
    40.1011
    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
    $48,621
    $350,140
    $174,860
    $525,000
    -
    $1,000,400
    $499,600
    $1,500,000

    Comparable in this City

    • Value Estimation
      $620,000
      8,432 SF

      515 High St

      FUNERAL HOME
      515 High St, Worthington, OH 43085-3943
      View Details
    • Value Estimation by Request
      1,175 SF

      1097 Worthington Galena Wood Blvd

      Specialty properties
      1097 Worthington Galena Wood Blvd, Columbus, OH 43085
      View Details
    • Value Estimation by Request

      1335 Worthington Woods Blvd

      Specialty properties
      1335 Worthington Woods Blvd, Columbus, OH 43085
      View Details
    • Value Estimation by Request
      0.08 Acres

      515 High St

      FUNERAL HOME
      515 High St, Worthington, OH 43085-3943
      View Details
    • Value Estimation
      $890,000
      11,548 SF

      6902 High St

      DAY CARE, PRE-SCHOOL
      6902 High St, Worthington, OH 43085-2510
      View Details
    • Value Estimation by Request
      4,643 SF

      401 Park Rd

      DAY CARE, PRE-SCHOOL
      401 Park Rd, Columbus, OH 43085-1518
      View Details

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      Three-story office building with suite available and monument signage coming soon.
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      Worthington Two-Story Brick Office Building

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    Similar Nearby for Lease

    • $1,500 /Mo
      1,550 SF

      Specialty Commercial Space

      Versatile 1,550-square-foot rental opportunity in Worthington, Ohio, suited for specialized business uses.
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      4,080 SF

      Office/Warehouse Suites For Rent

      Office and warehouse suites with high visibility and aggressive pricing.
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    • $16 SF/Yr
      10,480 SF

      Renovated Office Space Available

      Renovated office space with ample parking and easy highway access.
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      4,521 SF

      Flex Space in Worthington, Ohio

      Multi-tenant flex property with convenient highway access.
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      2,253 SF

      Retail Space in Worthington, OH

      Retail space available for lease in Worthington, Ohio.
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      View Details
    • Contact for pricing
      13,669 SF

      Renovated Office Space Available

      Renovated office space with ample parking and easy highway access.
      350 W Wilson Bridge Rd, Worthington, OH 43085
      View Details
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    Worthington, OH 43085-2511
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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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