Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Schofield Dr Columbus, OH 43213
    Back to Search
    Property profile & analytics

    Schofield Dr, Columbus, OH 43213

    View on Map
    • Warehouses
    • 22,371 SF
    • 0.21 lot acres
    Off-Market
    Property ID
    US66-4550461
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $595,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for Schofield Dr

    Year built
    1977
    Lot size
    0.21 lot acres
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    090-008370
    APU
    90008370

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 28, 2018 $725,000 Ohio Power Co Big Green Investments LLC Warranty Deed —
    Mar 26, 2013 — Big Green Investments LLC Japethca Partners LLC Warranty Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $440,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $431,000
      Market price range: $432k - $1.31M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.8773
    Latitude
    39.979
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $866
    $11,560
    $0.00
    $11,560
    -
    $33,000
    $0.00
    $33,000

    Comparable in this City

    • Value Estimation
      $3,300,000
      16,800 SF

      406 Morrison Rd, Unit 420

      MINI-WAREHOUSE, STORAGE
      406 Morrison Rd, Columbus, OH 43213-1435
      View Details
    • Value Estimation by Request
      1,800 SF

      4060 Main St

      MINI-WAREHOUSE, STORAGE
      4060 Main St, Columbus, OH 43213-2950
      View Details
    • Value Estimation
      $625,000
      6,000 SF

      111 Schofield Dr

      MINI-WAREHOUSE, STORAGE
      111 Schofield Dr, Whitehall, OH 43213-3804
      View Details
    • Value Estimation
      $950,000
      11,700 SF

      4647 Poth Rd

      MINI-WAREHOUSE, STORAGE
      4647 Poth Rd, Columbus, OH 43213-1396
      View Details
    • Value Estimation
      $3,320,000
      37,550 SF

      6460 Broad St

      MINI-WAREHOUSE, STORAGE
      6460 Broad St, Columbus, OH 43213-1508
      View Details
    • Value Estimation
      $535,000
      20,000 SF

      200 Schofield Dr

      MINI-WAREHOUSE, STORAGE
      200 Schofield Dr, Columbus, OH 43213-3803
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,400 SF

      Columbus Warehouse with Fenced Truck Lot

      Warehouse with office space, fenced lot, and ample parking.
      175 Outerbelt St, Columbus, OH 43213
      View Details
    • $850,000

      Freestanding Office Building on Corner Lot

      Single-tenant office building on 1-acre corner lot with high visibility.
      698 Morrison Rd, Columbus, OH 43213
      View Details
    • $1,685,000

      Fully Occupied Church on 4 Acres

      Two-story church with 21,190 SF building on 4 acres.
      120 S Napoleon Ave, Columbus, OH 43213
      View Details
    • Contact for pricing
      85,084 SF

      Columbus Shopping Center For Sale

      85,084 square-foot shopping center in Columbus, Ohio.
      2361-2595 S Hamilton Rd, Columbus, OH 43213
      View Details
    • Contact for pricing
      9,789 SF

      Columbus Office Space For Rent

      Office space available for lease in Columbus, Ohio.
      6075 E Broad St, Columbus, OH 43213
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      64,445 SF

      Infill Location Warehouse with Abatement

      Prominent end cap with 32' ceilings and real estate tax abatement.
      4712-4760 Poth Rd, Whitehall, OH 43213
      View Details
    • Contact for pricing
      3,500 SF

      Warehouse/Office Suite Near Gahanna

      Move-in ready warehouse/office suite with convenient highway access.
      372-376 Morrison Rd, Columbus, OH 43213
      View Details
    • Contact for pricing
      25,000 SF

      25,000 SF Flex Warehouse

      25,000 SF Class A flex space available for lease.
      310 Yearling Rd, Columbus, OH 43213
      View Details
    • $3 SF/Yr
      118,859 SF

      Warehouse Space Near Transportation Hubs

      Warehouse and office space near interstates, rail, and airport.
      350 Mccormick Blvd, Columbus, OH 43213
      View Details
    • Contact for pricing
      177,338 SF

      Columbus Warehouse Space Available

      Proposed 177,338 sq ft warehouse space in Columbus, OH.
      109 Corrina Dr, Columbus, OH 43213
      View Details
    • Contact for pricing
      132,382 SF

      Columbus Warehouse with Truck Court

      132,382 SF warehouse with fenced truck court for lease.
      200 Mccormick Blvd, Columbus, OH 43213
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Schofield Dr
    Columbus, OH 43213
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Schofield Dr, Columbus, OH, 43213
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!