Financial
Distress signals
Property profile

109 Commerce Park Dr Westerville, OH 43082

OFF-MARKET
Medical Office Space
Property ID
US66-0083801
2,867 SF Built 2002
Last sale May 2024 · $740,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 109 Commerce Park Dr, Westerville, Ohio (Commerce Village, just north of downtown Westerville) is a freestanding medical office building configured primarily for a primary care practice on the first floor, with additional commercial space on a lower level. The lower level includes office rooms and conference space, providing a flexible interior layout for professional or commercial use. The property includes on-site parking.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$239k
Assessed land$47k
Assessed improvement$192k
Effective rate7.39%

Value estimate

· Sep 2026
$740k
$666k – $814k
AI approach$740k
CAP approach$465k
Submarket $/SF estimate$601k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$172/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$133 – $209

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDELAWARE

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.5
Garden Center9.4
Convenience Store8.9

Location

109 Commerce Park Dr Westerville, OH 43082-8349
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
450 Alkyre Run, Westerville, OH 43082-6076 $320,000 Jan 2026 1,610 SF
574 State, Westerville, OH 43082-6058 $934,000 Oct 2020 4,448 SF
214 Hoff, Westerville, OH 43082-7156 $595,000 Oct 2019 1,280 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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