New search
Property profile & analytics
OFF-MARKET
Estimated value
$10,465,000
Office buildings
825 Tech Ctr Dr, Columbus, OH 43230-6653
Entity Owned
3-yr Hold
Free & Clear
Property ID
US66-5745782
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1998
Total area
99,131 SF
Lot
7.14 ac (310,801 SF)
APN
025-011536
UPID
US66-5745782
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.78M
Blend (final)
Blend
$10.47M
Owner & transaction history
City Of Gahanna · 3 yrs held
City Of Gahanna
since 2022
Last sale
$10.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$15.7M
+17.6%
Apartment house (5+ units)
$14.4M
+7.5%
Medical building
$13.4M
+0.2%
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
$11,430,000
ML approach
$9,410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$13,365,000
Current use
AUTO REPAIR, GARAGE
$15,720,000
Change: +18% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$14,370,000
Change: +8% · Conversion: Easy
MEDICAL BUILDING
$13,385,000
Change: +0% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$10,715,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$10.47M
Range $9.42M – $11.51M · ±10% · vs last sale $10.85M (Nov 16 2022)
Last sale anchor
$10.85M
Nov 16 2022
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
$106 / 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
$247,770
Tax year 2023
Assessed value
$2,987,150
Assessed 2023
Previous assessed
$3,738,530
-20.1% YoY
Effective rate
8.29%
On assessed value
Assessed land
$652,680
Assessed improvement
$2,334,470
Land market value
$1,864,800
Improvement market value
$6,669,900
Total market value
$8,534,700
Applied tax rate
25.0000
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
Off-Market
Year built
1998
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
3
Total area
99,131 SF
Lot
7.14 ac (310,801 SF)
APN
025-011536
UPID
US66-5745782
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
$13.4M
AUTO REPAIR, GARAGE
Est. value
$15.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.4M
MEDICAL BUILDING
Est. value
$13.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
7.14 ac
Current owner
From public records · entity-resolved
City Of Gahanna
Entity
Free & Clear · 3 yrs held
Mailing address
200 S HAMILTON RD, GAHANNA, OH 43230-2919
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2022
—
City Of Gahanna
Fjf Oh Gahanna LLC
Intrafamily Transfer
related
—
Oct 1, 2018
$10,850,000
Fjf Oh Gahanna LLC
Pnl Tech Center LLC
Trustees Deed
$14,100,000 · Miscellaneous Ins Co
Apr 20, 2017
$6,562,500
Pnl Tech Center LLC
Us Bk Natl Associationse
Grant Deed
$20,000 · Pinnacle Bk
Jan 9, 2017
—
Us Bank NA Series 2006-top23 Tr
825 Techcenter Drive LLC
Grant Deed
related
—
Nov 3, 2008
—
City Of Gahanna
825 Techcenter Drive LLC
Warranty Deed
—
Oct 17, 2008
$8,600
825 Techcenter Drive LLC
Value Recovery Group II LLC
Grant Deed
—
Jun 20, 2008
—
City Of Gahanna
825 Techcenter Drive LLC
Quit Claim Deed
—
Jun 13, 2008
$8,600
825 Techcenter Drive LLC
Value Recovery Group II LLC
Grant Deed
—
May 12, 2006
—
825 Techcenter Drive LLC
Live Oak Properties LLC
Limited Warranty Deed
$9,100,000 · Wells Fargo Bank NA
Sep 3, 2003
—
Live Oak Properties Ltd
Live Oak Properties Ltd
Quit Claim Deed
related
—
Jan 30, 2003
—
Live Oak Properties LLC
—
Deed Of Trust
related
$7,740,000 · Fifth Third Bank Central Ohio
Feb 18, 2000
$11,500,000
Live Oak Properties Ltd
Morrison Taylor II Ltd
Grant Deed
related
$7,740,000 · Fifth Third Bank Central Ohio
—
—
825 Techcenter Drive LLC
—
Loan Modification
related
$9,100,000 · Morgan Stanley Cap I
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?”
You own 825 Tech Ctr Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
