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    7177-7233 Northgate Way Westerville, OH 43082

    Sponsored
    Source: https://svn.com
    For Sale
    $6,100,000

    Northgate Commercial Center

    Property size:
    36,000 SF

    Description

    Added:
    May 15, 2025
    Days on Market:
    237
    See the potential of this exceptional NNN property, boasting a 36,000 SF building featuring 7 units designed for maximum versatility and functionality. With a prime and exclusive location in the thriving Northeast suburb of Westerville, OH, this investment opportunity comes with the assurance of 100% occupancy, ensuring immediate returns. Built in 1998 and thoughtfully renovated in 2015, the property exudes modern appeal while offering a strong and stable investment proposition for Office / Office Warehouse investors. Don't miss the chance to make your mark in this bustling commercial landscape and secure a lucrative investment in a highly sought-after location.

    Location Description
    Discover the unparalleled opportunity awaiting you in the vibrant Northeast Columbus suburb of Westerville, OH. The Northgate Commercial Center offers a thriving business community and access to a multitude of amenities. Just moments away, you'll find Polaris Fashion Place, a premier shopping destination, as well as numerous dining options and entertainment venues. With convenient access to Interstate 71, and a robust affluent community, this area provides an ideal setting for Office / Office Warehouse investment, attracting a steady stream of commuters and visitors. Don't miss the chance to become part of this dynamic and growing commercial landscape.

    Property Features for 7177-7233 Northgate Way

    General Information

    Property type
    Office buildings
    Square Feet
    36,000 SF
    Price / Square Foot
    $169
    Elevators
    N/A
    Occupancy
    100%

    Building Details

    Year Built/Renovated
    1998/2015
    Buildings
    1
    Stories
    1

    HighLights

    • 36,000 SF building designed for maximum versatility - 7 units offering functional and flexible spaces - Built in 1998, showcasing enduring quality and craftsmanship - Thoughtfully renovated in 2015 for modern appeal - Prime location in the thriving Suburb of Westerville, OH - Assured 100% NNN occupancy for immediate returns - Ideal for Office / Office Warehouse investors seeking stability and growth - Strong and stable investment proposition in a sought‑after location
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westerville
    State
    Ohio
    Longitude
    -82.6881395
    Latitude
    40.2253569

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    FAQs

    What type of property is this?
    Office building - Northgate Commercial Center
    Where is this office building located?
    The property is located at 7177-7233 Northgate Way Westerville, OH.
    What is the asking price?
    The asking price for this property is $6,100,000.
    What are key features of this property?
    This property features: - 36,000 SF building designed for maximum versatility - 7 units offering functional and flexible spaces - Built in 1998, showcasing enduring quality and craftsmanship - Thoughtfully renovated in 2015 for modern appeal - Prime location in the thriving Suburb of Westerville, OH - Assured 100% NNN occupancy for immediate returns - Ideal for Office / Office Warehouse investors seeking stability and growth - Strong and stable investment proposition in a sought-after location
    (614) 747-2052
    Request Owner's contact information
    7177-7233 Northgate Way Westerville, OH 43082
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    Realmo Value Estimation

    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.

    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.

    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
    7177-7233 Northgate Way Westerville, OH 43082
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