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Property profile & analytics
OFF-MARKET
Estimated value
$3,000,000
Office buildings
758 Communications Pkwy Columbus, OH 43214-1948
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US66-1269729
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
20,835 SF
Lot
2.01 ac (87,643 SF)
Zoning code
750
APN
010-199311
UPID
US66-1269729
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
-
Fresenius Kidney Care Olentangy River Dialysis Medical Clinic
-
Dialysis Outpatient Clinic Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.95M
Comparable Approach
Comparable
$2.38M
Blend (final)
Blend
$3.00M
Owner & transaction history
Spike Nolan LLC · 11 yrs held
Spike Nolan LLC
since 2015
7 recorded transactions
Zoning & alternative use
750 · Columbus, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$4,280,000
6.5%
$3,950,000
7%
$3,670,000
Alternative Use
Use
Estimation
RESTAURANT
$4,750,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$3.00M
Range $2.70M – $3.30M · ±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
$144 / 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
$66,349
Tax year 2023
Assessed value
$908,290
Assessed 2023
Previous assessed
$693,000
+31.1% YoY
Effective rate
7.30%
On assessed value
Assessed land
$257,670
Assessed improvement
$650,620
Land market value
$736,200
Improvement market value
$1,858,900
Total market value
$2,595,100
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1984
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
20,835 SF
Lot
2.01 ac (87,643 SF)
Zoning code
750
APN
010-199311
UPID
US66-1269729
Jurisdiction
FRANKLIN
Zoning & alternative use
750 · Columbus, OHZoning 750 · permitted uses
750 · 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
RESTAURANT
Est. value
$4.8M
RESTAURANT
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
1984
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
Spike Nolan LLC
Entity
Mailing address
750 COMMUNICATIONS PKWY, COLUMBUS, OH 43214-1980
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2018
—
Spike Nolan LLC
—
Deed
related
$2,870,000 · City Nat'l Bk
Jan 5, 2015
$1,587,900
Spike Nolan LLC
West Notifications INC
Grant Deed
—
Dec 11, 2014
—
West Notifications INC
Twenty First Century Communica
Grant Deed
—
Oct 9, 2014
—
Twenty First Century Communica
760 Northlawn Drive LLC
Grant Deed
—
Jun 29, 2005
—
Baldwin R T Tr
Olentangy Park
Quit Claim Deed
related
—
Jun 29, 2005
$1,300,000
760 Northlawn Drive LLC
Olentangy Park
Warranty Deed
$1,080,000 · Huntington National Bank
—
—
Spike Nolan LLC
—
Deed Of Trust
related
$2,870,000 · City Nat'l Bk
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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