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Westerville Redevelopment Opportunity
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220 West Schrock Road, Westerville, OH 43081

100,800 SF building ideal for redevelopment in Westerville, Ohio.

Space SizeContact for details
Property Size100,800 SF
Lot Size9.87 Acres
Days on Market135

Property Features for 220 West Schrock Road

General Information

Standard status Active
Size 100,800 SF
Lot size 9.87 Acres
Property subtype Office
Listing Agency: CBRE | Columbus
Listed By: Collin Wheeler
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Aug 5 at 6:28AM

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.

Located in Westerville, Ohio, 220 W. Schrock Road is a 100,800 square foot building situated on a 9.869-acre campus. The property is available for sale or lease and presents redevelopment opportunities for life science, clean manufacturing, flex office, or mixed-use development. The building features two dock doors and a 1600-watt generator that supports the entire building. It also includes multiple training and conference rooms, a generously sized on-site café, and parking at a ratio of 6.55 per 1,000 square feet. The building can be divided to 25,000 square feet and has existing infrastructure for open plan, high-density users.

Key Highlights

  • Ideal for redevelopment with potential for life science, clean manufacturing, flex office, or mixed‑use development.
  • Large 100,800 square foot building on a 9.869‑acre campus.
  • Abundant parking at a ratio of 6.55 per 1,000 square feet.

Property Analytics

Current Use

CONTINENTAL REALTY Real Estate Agency Proficiency Insurance Ohio Insurance Agency

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service Kitchen & Bath Showroom Restaurant Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,889
Businesses Nearby

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

Lease Benchmarks for Westerville, OH

$13.29 /SF/Yr
Avg Asking Price
$10.5–$18 /SF/Yr
Price Range
38,912 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 100,800 SF building ideal for redevelopment in Westerville, Ohio.
Where is this office building located?
The property is located at 220 West Schrock Road Westerville, OH.
What are key features of this property?
This property features: Ideal for redevelopment with potential for life science, clean manufacturing, flex office, or mixed‑use development.; Large 100,800 square foot building on a 9.869‑acre campus.; Abundant parking at a ratio of 6.55 per 1,000 square feet.
More about this property
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