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    Property profile & analytics

    268 State St Westerville, OH 43081-1579

    • Retail space
    • 2,250 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Last Sale
    Apr 18, 2023
    $375,000
    Location Intelligence
    Property ID
    US66-2154953
    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

    • Barstow's Gifts & Engraving / Corporate Gift Supplier / Gift Shop
    • Westerville Uptown Car Wash / Self Service Car Wash / Car Wash
    • Central Flyway Taxidermy / Taxidermist

    Property Details for 268 State St

    Year built
    1868
    Construction
    WOOD
    Lot size
    0.47 lot acres
    Property size
    2,250 SF
    Property type
    Retail space
    APN
    080-000283
    APU
    80000283

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $385,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $435,000
      Retail
      $445,000
      Mixed-Use
      $510,000
      Hospitality
      $410,000
      Educational
      $425,000
      Residential Income
      $405,000
      Energy
      $495,000
      Income-Based Land
      $370,000
      Food Service
      $505,000

    Location Insight

    • Map
    • Local Demand
    City
    Westerville
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9322
    Latitude
    40.1329
    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
    $10,728
    $73,780
    $56,810
    $130,590
    -
    $210,800
    $162,300
    $373,100

    Comparable in this City

    • Value Estimation by Request
      2,604 SF

      1310 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 2,604 SF
      1310 Walnut St, Westerville, OH 43081-2573
      View Details
    • Value Estimation by Request
      2,562 SF

      345 State St

      RETAIL STORES (PERSONAL SERVICES) • 2,562 SF
      345 State St, Westerville, OH 43081-2250
      View Details
    • Value Estimation
      $340,000
      5,649 SF

      13-17 College Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,649 SF
      13-17 College Ave, Westerville, OH 43081
      View Details
    • Value Estimation
      $345,000
      1,680 SF

      39 College Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,680 SF
      39 College Ave, Westerville, OH 43081-2101
      View Details
    • Value Estimation
      $370,000
      2,800 SF

      20-24 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,800 SF
      20-24 Main St, Westerville, OH 43081
      View Details
    • Value Estimation
      $320,000
      3,072 SF

      635 State St

      RETAIL STORES (PERSONAL SERVICES) • 3,072 SF
      635 State St, Westerville, OH 43081-3316
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Eastwind Professional Building Office Suites

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      Westerville Commercial Land For Sale

      0.88 acres of commercial land in Westerville, Ohio.
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      Westerville Multi-Building Office Campus

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    Similar Nearby for Lease

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      Retail Space in Westerville, OH

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      556-640 W Schrock Rd, Westerville, OH 43081
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      Retail Space in Westerville Plaza

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    • Contact for pricing
      1,600 SF

      Retail Space in Sunbury Plaza

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    • $16 SF/Yr
      1,280 SF

      Retail Space in Westerville Center

      1,280 SF retail space with high-traffic location.
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      View Details
    • Contact for pricing
      2,200 SF

      Retail Space in Sunbury Plaza

      Retail space for lease in Westerville's Sunbury Plaza.
      5939 Sunbury Rd, Westerville, OH 43081
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space in High-Traffic Corridor

      Retail spaces available in Westerville's high-traffic retail corridor.
      5858-5992 Westerville Rd, Westerville, OH 43081
      View Details
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    268 State St
    Westerville, OH 43081-1579
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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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