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Property profile & analytics
FOR LEASE
Office Spaces
Columbus, OH 43220
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-0860000
For Lease
1 / 10
$1,200/Mo
Columbus, OH 43220
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2006
Construction
WOOD
Total area
2,265 SF
Lot
0.06 ac (2,614 SF)
APN
580-272425
UPID
US66-0860000
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
-
The Recovery Room Medical Massage Alternative Medicine Practice Spa & Massage Center
-
Airrosti Alternative Medicine Practice
-
Renew Vitality Testosterone Clinic of Columbus Medical Center Men'S Health Physician
-
Amber Preston Aesthetics Spa & Massage Center Alternative Medicine Practice
-
Dr. Brittani Young Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nalin Hem · 1 yrs held
Nalin Hem
since 2025
Last sale
$580,000
7 recorded transactions
Zoning & alternative use
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,866
Tax year 2023
Assessed value
$126,390
Assessed 2023
Previous assessed
$102,900
+22.8% YoY
Effective rate
7.81%
On assessed value
Assessed land
$21,140
Assessed improvement
$105,250
Land market value
$60,400
Improvement market value
$300,700
Total market value
$361,100
Applied tax rate
580.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
For Lease
Year built
2006
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
2,265 SF
Lot
0.06 ac (2,614 SF)
APN
580-272425
UPID
US66-0860000
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
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Nalin Hem
Individual
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2025
$580,000
Nalin Hem
Kathy Preston
Deed
—
Jun 20, 2023
—
Amber Preston
Kathy Preston
Transfer On Death Deed
related
—
Sep 7, 2022
—
Kathy Preston
Amber Preston
Intrafamily Transfer
related
—
Jul 2, 2021
$365,000
Amber Preston
Three Winks Columbus LLC
Warranty Deed
—
Jun 10, 2014
$270,000
Three Winks Columbus LLC
4602 Sawmill LLC
Warranty Deed
$243,000 · The Arlington Bank
Feb 10, 2011
—
4602 Sawmill LLC
Medfirst Dev II Ltd
Warranty Deed
—
Oct 29, 2007
—
Medfirst Dev II Ltd
Medfirst Dev Ltd
Quit Claim Deed
—
—
—
Medfirst Dev Ltd
—
Deed Of Trust
related
$272,000 · Arlington Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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