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    283 State St Westerville, OH 43081

    Sponsored
    For Lease
    $0.02 SF/Yr

    11,848 SF Office, 50 Parking Spaces

    Lot size:
    11,848 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11,848-square-foot executive office space at 283 S State Street in Westerville, Ohio, presents a unique opportunity. Located in the vibrant Uptown Westerville area, this single-tenant property offers immediate occupancy. The building features an impressive atrium entry, well-appointed offices, and dedicated conference rooms, all designed for optimal productivity. Its convenient location directly across from the new CoHatch Westerville and North High Brewing provides excellent visibility and accessibility. Enjoy the benefits of being within walking distance of Uptown Westerville's amenities. The property boasts ample private parking with 50 spaces, ensuring convenience for employees and clients. The lot size is 0.68 acres. The property's APN is 080-001650. This second-floor office space is situated on State Street and Bishop Street, offering a prestigious address and easy access to major transportation routes. The property is ready for immediate occupancy, making it an ideal solution for businesses seeking a move-in ready, high-quality workspace. This is a single-suite building, offering a private and secure environment. The property type is office, specifically an executive office suite.

    Property Features for 283 State St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,848 SF

    Unit(s) available at that property

    Space
    Size
    11,848 SF
    Rate per SF
    $0.02

    HighLights

    • 11,848 SF executive office suite in Uptown Westerville, Ohio.
    • Immediate occupancy available.
    • Single‑tenant building with impressive atrium entry, well‑appointed offices, and conference rooms.
    • High visibility location across from CoHatch Westerville and North High Brewing, with easy access to Uptown Westerville amenities.
    • 50 private parking spaces on a 0.68‑acre lot.
    • Prestigious State & Bishop Street address.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Buren Insurance Group, ... Insurance Agency INSocial Risk Advisors-Ohio Insurance Agency American Heritage Homes Custom Home Builder Know Tax LLC Tax Consultant Sosinski and Associates CPAs ... Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Westerville
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9296934
    Latitude
    40.1184581

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    FAQs

    What type of property is this?
    Office Property / Space - 11,848 SF Office, 50 Parking Spaces
    Where is this office property / space located?
    The property is located at 283 State St Westerville, OH.
    What is the lease rate?
    The lease rate is $0.02 SF/Yr.
    What are key features of this property?
    This property features: 11,848 SF executive office suite in Uptown Westerville, Ohio.; Immediate occupancy available.; Single-tenant building with impressive atrium entry, well-appointed offices, and conference rooms.
    Request Owner's contact information
    283 State St 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
    283 State St Westerville, OH 43081
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