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Property profile & analytics

250 Progressive Way Westerville, OH 43082-9615

  • Office buildings
  • 105,087 SF
  • 5.75 lot acres
OFF-MARKET
Value Estimations
$750,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US66-2638026
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.

Current Use by Public Records

  • Progressive Medical Inc / Pharmacy
  • Helios / Corporate Office
  • harvest prep / School
  • Optum / Corporate Office

Property Details for 250 Progressive Way

Year built
2000
Lot size
5.75 lot acres
Property size
105,087 SF
Property type
Office buildings
APN
317-343-02-006-003
APU
31734302006003

Description

This exceptional Class A office building, located at 250 Progressive Way in Westerville, Ohio, offers 114,761 square feet of versatile space, currently available as a single tenant occupancy. Built in 2001 (with a 2004 expansion and 2005 atrium addition), the property boasts a striking four-story design (two-story East wing, four-story West wing) connected by a dramatic three-story vaulted glass atrium. The building sits on a generous 9.57-acre lot and includes 539 parking spaces, catering to a large workforce. The flexible floor plates, averaging approximately 16,000 square feet, are suitable for a wide range of uses, including traditional office, creative office, medical office, and executive office spaces. High ceilings within the atrium make it particularly attractive to tenants with specialized needs, such as those in the lab, tech, or health/life science sectors. Its convenient location near Polaris Fashion Place provides easy access to numerous hotels, restaurants, and retail amenities. Furthermore, its proximity (a 12-mile, 20-minute drive) to Intel's significant chip manufacturing project adds significant long-term value. The property is zoned I - Innovation, reflecting its suitability for forward-thinking businesses. The minimum divisible space is 59,884 square feet, with a maximum contiguous space of 114,761 square feet. This presents a unique opportunity for a single large tenant or the potential for division into multiple smaller spaces. The building features elevators and is situated in Delaware County, Ohio, with a zip code of 43082.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $750,000

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


Location Insight

  • Map
  • Local Demand
City
Westerville
County
Delaware
State
Ohio
Longitude
-82.9224
Latitude
40.1396
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
$319,613
$201,150
$4,126,430
$4,327,580
-
$574,700
$11,789,800
$12,364,500
More about this property
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