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Financial
Distress signals
Property profile

525 State St Westerville, OH 43081

OFF-MARKET
Drive through restaurants
Property ID
US66-1752662
2,475 SF 0.73 ac lot Built 1999
Last sale Feb 2023 · $1,278,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a QSR (KFC) restaurant located at 525 S State Street in Westerville, Ohio, situated on an estimated 0.73-acre parcel. The building contains approximately 2,475 rentable square feet of interior space configured for restaurant use, with features consistent with a freestanding quick-service operation. The site is under a long-term absolute triple-net (NNN) lease structure (20-year base term with renewal options), which is a lease obligation detail rather than a characteristic of the physical improvements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value$321k
Assessed land$94k
Assessed improvement$227k
Effective rate8.21%

Value estimate

· Oct 2026
$1.26M
$1.13M – $1.39M
AI approach$1.23M
Submarket $/SF estimate$987k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$291/SF
County average, outlier-cleaned · 215 recorded sales of this use type
Observed band · Q1–Q3$121 – $466
Qualifying comparables13

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.

JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store9.3
Laundry Service8.8
Parking Facility8.8

Location

525 State St Westerville, OH 43081-2940
County assessor Recorded deeds · 8 transfers 13 qualifying comp sales 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16 Main, Westerville, OH 43081-1537 $105,000 May 2023 2,196 SF
1091 Eastwind, Westerville, OH 43081-3354 $600,000 May 2023 1,989 SF
772 State, Westerville, OH 43081-3300 $600,000 May 2023 3,000 SF
268 State, Westerville, OH 43081-1579 $375,000 Apr 2023 2,250 SF
12 Cleveland, Westerville, OH 43081-1329 $710,000 Sep 2019 2,136 SF
1310 Walnut, Westerville, OH 43081-2573 $330,000 Aug 2019 2,604 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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