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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Retail residential properties
977-981 Mt Vernon Ave 981 Columbus, OH 43203-1573
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-2042847
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1900
Construction
WOOD
Total area
9,033 SF
Lot
0.1 ac (4,269 SF)
Zoning code
289
APN
010-034317
UPID
US66-2042847
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$940k
Owner & transaction history
Ssda Properties LLC · 1 yrs held
Ssda Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
289 · Columbus, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+63.4%
Apartment house (5+ units)
$1.3M
+49.3%
Office building
$1.3M
+47.0%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$875,000
Current use
AUTO REPAIR, GARAGE
$1,430,000
Change: +63% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,310,000
Change: +49% · Conversion: Moderate
OFFICE BUILDING
$1,290,000
Change: +47% · Conversion: Easy
MEDICAL BUILDING
$1,220,000
Change: +39% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$975,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$970,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±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
$104 / 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
$8,435
Tax year 2023
Assessed value
$115,470
Assessed 2023
Previous assessed
$111,690
+3.4% YoY
Effective rate
7.30%
On assessed value
Assessed land
$7,490
Assessed improvement
$107,980
Land market value
$21,400
Improvement market value
$308,500
Total market value
$329,900
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
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
3
Rooms
12
Bathrooms
2
Total area
9,033 SF
Lot
0.1 ac (4,269 SF)
Zoning code
289
APN
010-034317
UPID
US66-2042847
Jurisdiction
FRANKLIN
Zoning & alternative use
289 · Columbus, OH
Zoning 289 · permitted uses
289 · Columbus, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Columbus. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$975,000
RETAIL STORES
Est. value
$970,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1900
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Buildings
1
Rooms
12
Bathrooms
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Ssda Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
28930 STATE RD 46TH RD NW, SORRENTO, FL 32776-9599
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2026
—
Ssda Properties LLC
—
Deed
related
$650,000 · Buckeye State Bank
Aug 21, 2024
—
Ssda Properties LLC
Lee Oswald
Warranty Deed
—
Aug 20, 2024
—
Lee Oswald
Teo Properties LLC
Quit Claim Deed
related
—
Mar 6, 2018
—
Teo Properties LLC
Lee,oswald & Joy
Warranty Deed
related
—
Mar 6, 2009
—
Oswald Lee
Lee,oswald & Joy
Quit Claim Deed
related
—
Feb 5, 2007
$305,000
Oswald Lee
Elevation Ents Ltd
Warranty Deed
$259,250 · Popular Financial Services LLC
Mar 10, 2005
—
Elevation Ents Ltd
Elick,carla
Warranty Deed
related
—
Dec 27, 2004
—
Elevation Ents Ltd LLC
Elick,carla
Warranty Deed
related
—
Apr 26, 2004
$352,000
Elevation Enterprises LLC
Wiley Family Properties Ptshp
Grant Deed
$281,600 · Glouster Community Bank
Jul 14, 2003
—
Wiley Family Properties
Wiley Familp Partnership
Quit Claim Deed
related
—
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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