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    5330 Warner Rd Westerville, OH 43081

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail, High-Traffic Location

    Lot size:
    33,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents 18,000 square feet of vacant space within a 33,000-square-foot strip center located at the northeast corner of Hamilton Road and Warner Road in Westerville, Ohio. The property, part of the Hondros Crossing mixed-use development, benefits from a highly desirable location within a rapidly growing submarket of Columbus. Situated less than one mile from SR-161 and 3.5 miles from I-270, it enjoys exceptional visibility and accessibility. The site is strategically positioned near a newly developed Turkey Hill, thousands of new apartments, and the Hamilton Quarter Project, encompassing 700,000 square feet of new office space, a new Ohio State University Hospital, 800 multi-family units, and 130 senior housing units. Roadway improvements to Warner and Hamilton Roads are projected to generate 20,000 cars per day along Hamilton Road, ensuring high traffic volume. Units are divisible to a minimum of 1,000 square feet, offering flexibility for various retail concepts. The property is zoned CPD - Commercial Planned District (Franklin County APN: 010-263114-00) and currently houses established tenants including Hondros College, Zoom Room Dog Training, and Afton Blu Hair Salon. This presents a unique chance to join a thriving mixed-use development in a strong retail market with affluent demographics. The available space ranges from 1,000 to 17,000 square feet.

    Property Features for 5330 Warner Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    11,000 SF

    HighLights

    • Brand new retail center with available space.
    • Medical office or retail space for lease.
    • Excellent Westerville location.
    • Convenient access to major thoroughfares.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hondros Crossing by ... Real Estate Developer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Westerville
    County
    Franklin
    State
    Ohio
    Longitude
    -82.8490637
    Latitude
    40.0921706

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail, High-Traffic Location
    Where is this neighborhood center located?
    The property is located at 5330 Warner Rd Westerville, OH.
    What are key features of this property?
    This property features: Brand new retail center with available space.; Medical office or retail space for lease.; Excellent Westerville location.
    Request Owner's contact information
    5330 Warner Rd Westerville, OH 43081
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    Westerville, OH 43081
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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
    5330 Warner Rd Westerville, OH 43081
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