4079 Executive Pkwy Westerville, OH 43081
- Office Properties & Spaces
- 43,593 SF
Current Use by Public Records
- ANN INC / Corporate Office
- Utility Sales / Association Or Organization
Property Details for 4079 Executive Pkwy
- Year built
- 1988
- Property size
- 43,593 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Office space
Description
This exceptional 43,593-square-foot office building, situated at 4079 Executive Parkway in Westerville, Ohio, presents a compelling investment opportunity. Built in 1988, the property boasts a flexible layout suitable for traditional, executive, or creative office uses. The asking price is $3,749,900, translating to a price per square foot of $91.73. The expansive 4.87-acre lot (212,137.2 sq ft) provides ample parking, with a ratio of approximately one parking space per 130 square feet of building space (7.23/1000). The building features a 12% core factor. This prime location offers easy access to major transportation arteries, including State Route 161 and I-270, placing it at the gateway to New Albany and Intel's significant expansion. The property's strategic location benefits from billions of dollars in planned investments and the creation of thousands of new jobs in the area. Potential economic incentives may be available. This represents a significant opportunity to acquire a substantial office building at a price point below market value, making it an attractive investment for a quick sale.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Westerville
- County
- Franklin
- State
- Ohio
- Longitude
- -82.904
- Latitude
- 40.0838
