Property profile

223 Broadway Ave Westerville, OH 43081

OFF-MARKET
Flex space
Property ID
US66-1918143
9,100 SF 0.54 ac lot Built 1926
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1926
Total area 9,100 SF
Lot 0.54 ac (23,305 SF)
APN 080-001754
UPID US66-1918143

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Gym & Fitness Center
  • Physician
  • Physician
  • Gym & Fitness Center

Location

223 Broadway Ave Westerville, OH 43081-1656
Westerville metro Census 7020 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$380k

Owner & transaction history

since 2018
6 recorded transactions
2018
Price N/A
2018
$750,000
2018
Price N/A
2001
$700,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $1.6M +114.4%
Auto repair, garage $1.5M +105.1%
Neighborhood: shopping center $1.5M +104.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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