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Property profile & analytics
OFF-MARKET
Estimated value
$43,505,000
Office buildings
Mccutcheon Rd Columbus, OH 43219
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US66-4408806
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2015
Total area
240,432 SF
Lot
16.59 ac (722,660 SF)
APN
010-294116
UPID
US66-4408806
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
$45.59M
Comparable Approach
Comparable
$53.19M
Blend (final)
Blend
$43.51M
Owner & transaction history
Easton Ally Property LLC · 9 yrs held
Easton Ally Property LLC
since 2016
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$54.8M
+59.8%
Commercial (general)
$44.4M
+29.3%
Auto repair, garage
$38.1M
+11.1%
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%
$49,385,000
6.5%
$45,585,000
7%
$42,330,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$34,315,000
Current use
RESTAURANT
$54,830,000
Change: +60% · Conversion: Moderate
COMMERCIAL (GENERAL)
$44,375,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$38,130,000
Change: +11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$34,855,000
Change: +2% · Conversion: Easy
MEDICAL BUILDING
$32,465,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$43.51M
Range $39.15M – $47.86M · ±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
$181 / 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
$121,625
Tax year 2023
Assessed value
$17,269,680
Assessed 2023
Previous assessed
$14,727,030
+17.3% YoY
Effective rate
0.70%
On assessed value
Assessed land
$1,441,730
Assessed improvement
$15,827,950
Land market value
$4,119,200
Improvement market value
$45,222,700
Total market value
$49,341,900
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
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
2015
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
4
Total area
240,432 SF
Lot
16.59 ac (722,660 SF)
APN
010-294116
UPID
US66-4408806
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
$34.3M
RESTAURANT
Est. value
$54.8M
COMMERCIAL (GENERAL)
Est. value
$44.4M
AUTO REPAIR, GARAGE
Est. value
$38.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$34.9M
MEDICAL BUILDING
Est. value
$32.5M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
2015
Heating
YES
Cooling
Yes
Stories
4
Buildings
1
Lot
16.59 ac
Current owner
From public records · entity-resolved
Easton Ally Property LLC
Entity
Mailing address
667 MADISON AVE FL, NEW YORK, NY 10065-8021
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
Oct 19, 2016
—
Easton Ally Property LLC
3085 Ads LLC
Warranty Deed
$46,550,000 · Wells Fargo Bank NA
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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