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Property profile & analytics
FOR LEASE
Office buildings
7795 Walton Pkwy, New Albany, OH 43054
Entity Owned
Absentee Owner
Free & Clear
Property ID
US66-3595876
For Lease
1 / 6
$14 SF/Yr
7795 Walton Pkwy, New Albany, OH 43054
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2011
Total area
106,080 SF
Lot
6.81 ac (296,600 SF)
APN
222-004480
UPID
US66-3595876
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
-
Ruoff Mortgage - New Albany Loan Service Bank
-
Advanced Retirement Planning Solutions Financial Advisor
-
Rossman Kevin D Law Firm
-
Joshua Powers, Ruoff Mortgage Loan Service Bank
-
Chris Beal, Ruoff Mortgage Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.87M
Blend (final)
Blend
$11.34M
Owner & transaction history
WATERS EDGE II LLC
WATERS EDGE II LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$17.5M
+20.0%
Neighborhood: shopping center
$17.4M
+19.4%
Medical building
$16.0M
+9.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$14,580,000
Current use
AUTO REPAIR, GARAGE
$17,490,000
Change: +20% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$17,400,000
Change: +19% · Conversion: Difficult
MEDICAL BUILDING
$15,955,000
Change: +9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$15,375,000
Change: +5% · Conversion: Easy
RETAIL STORES
$13,255,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$11.34M
Range $10.20M – $12.47M · ±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
$107 / 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
$83,008
Tax year 2023
Assessed value
$6,617,630
Assessed 2023
Previous assessed
$5,698,010
+16.1% YoY
Effective rate
1.25%
On assessed value
Assessed land
$834,120
Assessed improvement
$5,783,510
Land market value
$2,383,200
Improvement market value
$16,524,300
Total market value
$18,907,500
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
2011
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
4
Total area
106,080 SF
Lot
6.81 ac (296,600 SF)
APN
222-004480
UPID
US66-3595876
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
$14.6M
AUTO REPAIR, GARAGE
Est. value
$17.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.4M
MEDICAL BUILDING
Est. value
$16.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.4M
RETAIL STORES
Est. value
$13.3M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2011
Heating
YES
Cooling
Yes
Stories
4
Buildings
2
Lot
6.81 ac
Current owner
From public records · entity-resolved
WATERS EDGE II LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1533 LK SHR DR, COLUMBUS, OH 43204-3897
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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