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    Property profile & analytics

    519 Otterbein Ave Westerville, OH 43081

    • Office buildings
    • 7,040 SF
    • 0.56 lot acres
    For Lease
    View listing
    $25 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US66-1522686
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Timothy A. Kennedy Ph.D.,LISW / Doctor
    • R & R Recognize & Refer / Psychologist
    • Northern Therapeutic Massage / Thai Massage Therapist / Massage Therapist
    • Jerry Loos Guitar Training Center / Music Instructor / Musician
    • Hope Disability Foundation LLC / Non-Profit Organization

    Property Details for 519 Otterbein Ave

    Year built
    1972
    Construction
    WOOD
    Lot size
    0.56 lot acres
    Property size
    7,040 SF
    Property type
    Office buildings
    APN
    080-003398
    APU
    80003398

    Description

    This exceptional executive office suite, located at 519 S Otterbein Ave in Westerville, Ohio, presents a fantastic opportunity for businesses seeking a prestigious address. The property, situated in the desirable Westerville submarket of Franklin County, offers a total of 5,783 square feet across two stories. Currently, there is 1,251 square feet of vacant space available, perfect for a single tenant or small business requiring approximately 851 square feet. The building is conveniently located near the intersection of Otterbein Avenue and Schrock Road. While the building does not feature elevators, its two-story design ensures easy accessibility. The property is classified as a multi-tenant building, providing a collaborative and professional environment. The address, 519 S Otterbein Ave, Westerville, OH 43081, places your business in a thriving and well-established commercial area. This is an ideal location for businesses seeking high visibility and easy access to major transportation routes. The available space is ready for immediate occupancy and offers a chance to establish a strong presence in a sought-after Westerville neighborhood. The property's location and features make it an attractive option for businesses of various sizes and industries. Inquire today to learn more about this exceptional opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westerville
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9224
    Latitude
    40.112
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,517
    $30,730
    $145,990
    $176,720
    -
    $87,800
    $417,100
    $504,900

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      259 Schrock Rd, Unit 291

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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
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