Single-Story Freestanding Office
For Sale
Contact for pricing
955 Eastwind Dr, Westerville, OH 43081
Single-story freestanding office building featuring freeway-visible signage on I-270 and a high parking ratio.
Property Size39,400 SF
Price / SF$215.74
Days on Market494
Property Features for 955 Eastwind Dr
General Information
Standard status
Active
Size
39,400 SF
Property subtype
OFFICE
Building Details
Stories
1
Listing Agency:
CBRE | Columbus
(614) 332-4795
Listed By:
Molly Leach · License #2009001866
(614) 332-4795
Source:
Moodyscre
Added: Mar 24, 2025
Changed: Jul 27
Last Checked: Jul 29 at 3:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Columbus
Investment Insights
Based on property information with market context.
This is a single-story freestanding office building offered for sale. The property includes freeway-visible signage on I-270 and is set up with a high parking ratio to support tenant and visitor parking needs.
The building’s visibility from I-270 is a notable feature for signage-driven office uses. It also offers on-site parking configured for a higher-than-average parking demand.
Overall, the asset presents a straightforward freestanding office option with prominent freeway exposure and ample parking.
The building’s visibility from I-270 is a notable feature for signage-driven office uses. It also offers on-site parking configured for a higher-than-average parking demand.
Overall, the asset presents a straightforward freestanding office option with prominent freeway exposure and ample parking.
Key Highlights
- Single‑story freestanding office building
- Freeway‑visible signage on I‑270
- High parking ratio
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $851.0k | $21.60 |
| − Vacancy | −$204.2k | −$5.18 |
| EGI | $646.8k | $16.42 |
| − OpEx | −$161.7k | −$4.10 |
| NOI | $485.1k | $12.31 |
39,400 SF · lease $21.60/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$6.93M
$6.06M – $8.08M
NOI $485,093 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$7.94M
$6.95M – $9.26M
NOI $555,880 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
811
Businesses Nearby
Explore this area
Business Placement
Demographics for 43081, OH
64,338
Population
28,457
Households
2.3
Avg Household Size
37
Median Age
54%
College-Educated
98%
High-School Grad
25.1 sq mi
ZIP Area
2,563
Density / Sq Mi
$90,336
Median Household Income
$55,015
Median Earnings
$1,434
Median Rent
$297,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Single-story freestanding office building featuring freeway-visible signage on I-270 and a high parking ratio.
Where is this office building located?
The property is located at 955 Eastwind Dr Westerville, OH.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Single‑story freestanding office building; Freeway‑visible signage on I‑270; High parking ratio
