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Property profile & analytics
OFF-MARKET
Estimated value
$8,080,000
Investment properties
Main St New Albany, OH 43054
Entity Owned
9-yr Hold
Free & Clear
Property ID
US66-4517137
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2016
Total area
47,917 SF
Lot
0.94 ac (40,772 SF)
APN
222-004559
UPID
US66-4517137
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
$7.47M
Comparable Approach
Comparable
$8.61M
Blend (final)
Blend
$8.08M
Owner & transaction history
Dna Mmii LLC · 9 yrs held
Dna Mmii LLC
since 2016
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.9M
+64.3%
Neighborhood: shopping center
$7.9M
+63.4%
Medical building
$7.2M
+49.8%
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%
$8,085,000
6.5%
$7,465,000
7%
$6,930,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$7,900,000
Change: +64% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,860,000
Change: +63% · Conversion: Difficult
MEDICAL BUILDING
$7,205,000
Change: +50% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$6,945,000
Change: +44% · Conversion: Moderate
OFFICE BUILDING
$6,585,000
Change: +37% · Conversion: Easy
RETAIL STORES
$5,990,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$8.08M
Range $7.27M – $8.89M · ±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
$169 / 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
$88,029
Tax year 2023
Assessed value
$3,339,160
Assessed 2023
Previous assessed
$2,848,770
+17.2% YoY
Effective rate
2.64%
On assessed value
Assessed land
$278,990
Assessed improvement
$3,060,170
Land market value
$797,100
Improvement market value
$8,743,300
Total market value
$9,540,400
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2016
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
47,917 SF
Lot
0.94 ac (40,772 SF)
APN
222-004559
UPID
US66-4517137
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
AUTO REPAIR, GARAGE
Est. value
$7.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.9M
MEDICAL BUILDING
Est. value
$7.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.9M
OFFICE BUILDING
Est. value
$6.6M
RETAIL STORES
Est. value
$6.0M
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2016
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Dna Mmii LLC
Entity
Free & Clear · 9 yrs held
Mailing address
1533 LK SHR DR, COLUMBUS, OH 43204-3897
Ownership since
2016
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
Aug 12, 2016
—
Dna Mmii LLC
The New Albany Comany LLC
Limited Warranty Deed
—
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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