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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Manufacturing properties
720 Harmon Ave Columbus, OH 43223-2450
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1375277
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1967
Total area
14,405 SF
Lot
1.24 ac (54,014 SF)
Zoning code
720
APN
010-016208
UPID
US66-1375277
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
-
Accident Injury Attorneys Mccarthy Firm Law Firm
-
Condado Tacos Commissary Big Box & Wholesale Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$875k
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$1.25M
Owner & transaction history
720 Harmon LLC · 2 yrs held
720 Harmon LLC
since 2024
7 recorded transactions
Zoning & alternative use
720 · Columbus, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.1M
+73.4%
Medical building
$1.9M
+64.1%
Neighborhood: shopping center
$1.6M
+31.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$950,000
6.5%
$875,000
7%
$815,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,185,000
Current use
OFFICE BUILDING
$2,055,000
Change: +73% · Conversion: Difficult
MEDICAL BUILDING
$1,945,000
Change: +64% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,555,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$1,545,000
Change: +30% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,375,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10%
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
$87 / 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
$40,399
Tax year 2023
Assessed value
$578,210
Assessed 2023
Previous assessed
$471,100
+22.7% YoY
Effective rate
6.99%
On assessed value
Assessed land
$23,870
Assessed improvement
$554,340
Land market value
$68,200
Improvement market value
$1,583,800
Total market value
$1,652,000
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
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
1967
Heating
YES
Cooling
CENTRAL
Buildings
3
Stories
1
Rooms
6
Bathrooms
1
Total area
14,405 SF
Lot
1.24 ac (54,014 SF)
Zoning code
720
APN
010-016208
UPID
US66-1375277
Jurisdiction
FRANKLIN
Zoning & alternative use
720 · Columbus, OHZoning 720 · permitted uses
720 · Columbus, OH
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.2M
OFFICE BUILDING
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
1967
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Rooms
6
Bathrooms
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
720 Harmon LLC
Entity
Mailing address
1122 CAMBRIDGE BLVD, COLUMBUS, OH 43212-3228
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2024
—
720 Harmon LLC
Westerville Taco Real Estate LLC
Limited Warranty Deed
$2,100,000 · Ohio Catholic FCU
Oct 31, 2019
$1,260,000
Westerville Taco Real Estate LLC
Zaglanis Properties LLC
Warranty Deed
$236,000 · The Huntington National Bank
Nov 1, 2004
—
Zaglanis Properties LLC
Zaglanis,peter G & Helen C
Quit Claim Deed
related
—
—
—
Zaglanis Properties LLC
—
Deed Of Trust
related
$130,000 · Heartland Bank
—
—
Zaglanis Properties LLC
—
Deed Of Trust
related
$195,000 · Heartland Bank
—
—
Zaglanis Properties LLC
—
Deed Of Trust
related
$250,000 · Fahey Banking Co
—
—
Zaglanis Properties LLC
—
Deed Of Trust
related
$100,000 · Community Capital Dev Corp
—
—
Zaglanis Properties LLC
—
Deed Of Trust
related
$235,000 · Fahey Banking Co
—
—
Zaglanis Properties LLC
—
Deed Of Trust
related
$370,000 · Heartland Bk
—
—
Peter G Zaglanis
—
Deed Of Trust
related
$145,000 · Huntington National Bank
—
—
Zaglanis Properties LLC
—
Deed Of Trust
related
$60,000 · Huntington National 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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