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Property profile & analytics
OFF-MARKET
Estimated value
$9,640,000
Manufacturing properties
987 Buckeye Park Rd Columbus, OH 43207-2596
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-2824853
Property profile
Verified
Property type
Manufacturing properties
Use group
FOUNDRY, INDUSTRIAL PLANT
Year built
2012
Total area
66,074 SF
Lot
13.36 ac (582,136 SF)
APN
010-247811
UPID
US66-2824853
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
-
Hill & Smith Inc. Building Supply Industrial Manufacturer
-
V & S Columbus Galvanizing LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.81M
Comparable Approach
Comparable
$10.32M
Blend (final)
Blend
$9.64M
Owner & transaction history
V & S Columbus Galvanizing LLC · 14 yrs held
V & S Columbus Galvanizing LLC
since 2012
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$15.1M
+154.9%
Auto repair, garage
$10.5M
+77.2%
Apartment house (5+ units)
$9.6M
+62.0%
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%
$12,795,000
6.5%
$11,810,000
7%
$10,965,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,910,000
Current use
RESTAURANT
$15,070,000
Change: +155% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,480,000
Change: +77% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$9,580,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$9,430,000
Change: +60% · Conversion: Difficult
MEDICAL BUILDING
$8,920,000
Change: +51% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,140,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$7,090,000
Change: +20% · Conversion: Moderate
Blend value · Realmo final
$9.64M
Range $8.68M – $10.60M · ±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
$146 / 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
$53,895
Tax year 2023
Assessed value
$2,249,660
Assessed 2023
Previous assessed
$2,057,940
+9.3% YoY
Effective rate
2.40%
On assessed value
Assessed land
$233,870
Assessed improvement
$2,015,790
Land market value
$668,200
Improvement market value
$5,759,400
Total market value
$6,427,600
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
FOUNDRY, INDUSTRIAL PLANT
Status
Off-Market
Year built
2012
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
66,074 SF
Lot
13.36 ac (582,136 SF)
APN
010-247811
UPID
US66-2824853
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
INDUSTRIAL (GENERAL) Current
Est. value
$5.9M
RESTAURANT
Est. value
$15.1M
AUTO REPAIR, GARAGE
Est. value
$10.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.6M
OFFICE BUILDING
Est. value
$9.4M
MEDICAL BUILDING
Est. value
$8.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.1M
RETAIL STORES
Est. value
$7.1M
INDUSTRIAL (GENERAL) Current
RESTAURANT
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
2012
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Lot
13.36 ac
Current owner
From public records · entity-resolved
V & S Columbus Galvanizing LLC
Entity
Free & Clear · 14 yrs held
Mailing address
1000 BUCKEYE PARK RD, COLUMBUS, OH 43207-2509
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2012
—
V & S Columbus Galvanizing LLC
Voigt & Schweitzer LLC
Warranty 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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