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Financial
Distress signals
Property profile

175 E Broadway Ave Westerville, OH 43081

FOR LEASE
Manufacturing properties
Property ID
US66-1577511
6,352 SF 4.07 ac lot Built 1942
Last sale Nov 2010 · $1,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional industrial property, located at 175 E Broadway Ave, Westerville, OH 43081 (Broadway & Vine), offers a prime opportunity for businesses seeking flexible space in a highly sought-after location. The 85,000 square foot building features multiple tenancy options, with a minimum divisible space of 10,000 square feet and currently 42,000 square feet available for lease. The property sits on 5 acres of land and boasts impressive features including 16-20 foot ceiling heights,…

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.

Debts

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?
$56k
Tax billed · 2023
Assessed value$681k
Assessed land$289k
Assessed improvement$392k
Effective rate8.21%

Value estimate

· Oct 2026
$550k
$495k – $605k
AI approach$550k
Submarket $/SF estimate$845k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
County average, outlier-cleaned · 190 recorded sales of this use type
Observed band · Q1–Q3$40 – $133

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant16.8
Auto Parts Store14.5
Pharmacy12.9

Location

175 E Broadway Ave Westerville, OH 43081
County assessor Recorded deeds · 4 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

3 recorded sales · 16 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Broadway, Westerville, OH 43081 $3,800,000 Oct 2025 No data
213 Broadway, Westerville, OH 43081-1656 $1,030,000 Aug 2023 9,010 SF
184 Heatherdown, Westerville, OH 43081-2868 $2,130,000 Jun 2021 25,600 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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