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Property profile & analytics
OFF-MARKET Estimated value $580,000
Investment properties

15 State St Westerville, OH 43081-2113

3,612 SF 0.07 ac lot Built 1900
Entity Owned 4-yr Hold Free & Clear
Property ID
US66-1358267
Property summary
AI-generated overview

This exceptional retail space, located at 15 North State Street in Westerville, Ohio, presents a unique leasing opportunity. The property boasts a total of 3,532 square feet, currently configured as a single, multi-tenant building. A significant portion of the building, 1,600 square feet, is immediately available for lease. Situated in Franklin County, this location offers excellent visibility and accessibility for businesses seeking a strong presence in the Westerville market. The property's address is 15 N State St, Westerville, OH 43081, providing convenient access for customers and employees. The property is classified as commercial retail space and is ideal for a variety of businesses. The building's single suite layout offers flexibility for a single tenant or the potential for subleasing within the larger space. This prime location in Westerville offers a thriving commercial environment with high foot traffic and strong consumer demographics. The 1,600 square feet of vacant space provides ample room for a variety of retail concepts. This is an exceptional opportunity to establish or expand your business in a desirable and high-traffic area. Interested parties are encouraged to inquire for further details and leasing options.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction WOOD
Total area 3,612 SF
Lot 0.07 ac (2,919 SF)
APN 080-008704
UPID US66-1358267
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
  • Everbowl Restaurant
  • Flow Forward Consultant Training Centre
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$565k
Comparable Approach Comparable
$698k
Blend (final) Blend
$580k
Owner & transaction history
Life In The Ville IV LLC · 4 yrs held
Life In The Ville IV LLC
since 2021
7 recorded transactions
2021
Price N/A
2021
$950,000
2019
Price N/A
2018
Price N/A
2017
Price N/A
2017
Price N/A
2015
$261,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $625,000 +71.7%
Auto repair, garage $595,000 +64.3%
Neighborhood: shopping center $590,000 +63.4%
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