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    OFF-MARKET
    Office Spaces

    4079 Executive Pkwy, Westerville, OH 43081

    43,593 SF Built 1988
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1988
    Total area 43,593 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ANN INC Corporate Office
    • Utility Sales Association Or Organization
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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