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    Property profile & analytics

    320 State St Westerville, OH 43081-2242

    • Strip malls
    • 9,940 SF
    • 2.24 lot acres
    OFF-MARKET
    Value Estimation
    $515,000
    Location Intelligence
    Property ID
    US66-0971955
    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

    • Shag Hair Studio / Hair Salon
    • Nailed / Nail Salon
    • Ole Barn Flowers / Florist
    • Bodywork By Shag / Spa / Massage Therapist
    • Bon Cher / Hair Salon

    Property Details for 320 State St

    Year built
    1924
    Construction
    WOOD
    Lot size
    2.24 lot acres
    Property size
    9,940 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    080-000438
    APU
    80000438

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $440,000

    • CAP approach

      CAP return
      Estimation
      6%
      $555,000
      6.5%
      $580,000
      7%
      $565,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $590,000
      Geo Method
      $610,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $700,000
      Retail
      $675,000
      Mixed-Use
      $705,000
      Hospitality
      $645,000
      Educational
      $550,000
      Residential Income
      $635,000
      Energy
      $660,000
      Income-Based Land
      $660,000
      Food Service
      $525,000

    Location Insight

    • Map
    • Local Demand
    City
    Westerville
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9278
    Latitude
    40.1174
    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
    $40,498
    $221,000
    $271,990
    $492,990
    -
    $631,400
    $777,100
    $1,408,500

    Comparable in this City

    • Value Estimation by Request
      16,000 SF

      Hamilton Rd

      SHOPPING CENTER, STRIP CENTER • 16,000 SF
      Hamilton Rd, Westerville, OH 43081
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    • Value Estimation by Request
      55,600 SF

      2551 Schrock Rd

      SHOPPING CENTER, STRIP CENTER • 55,600 SF
      2551 Schrock Rd, Columbus, OH 43081-8956
      View Details
    • Value Estimation
      $500,000
      9,629 SF

      377 Main St, Unit 391

      SHOPPING CENTER, STRIP CENTER • 9,629 SF
      377 Main St, Westerville, OH 43081-1447
      View Details
    • Value Estimation by Request
      15,882 SF

      Parkview Ave

      SHOPPING CENTER, STRIP CENTER • 15,882 SF
      Parkview Ave, Westerville, OH 43081
      View Details
    • Value Estimation by Request
      15,822 SF

      399 State St

      SHOPPING CENTER, STRIP CENTER • 15,822 SF
      399 State St, Westerville, OH 43081-2600
      View Details
    • Value Estimation
      $355,000
      680 SF

      604 Schrock Rd, Unit 640

      SHOPPING CENTER, STRIP CENTER • 680 SF
      604 Schrock Rd, Westerville, OH 43081-8996
      View Details

    Similar Nearby for Sale

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      Spectrum Commerce Center Portfolio

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      Residential Lot in Westerville, OH

      Residential lot in desirable Westerville location near Uptown.
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      Land Available in Westerville, OH

      Land for sale at 0 Cooper Rd, Westerville, OH
      Cooper Rd, Westerville, OH 43081
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    • $189,900
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      Townhouse with Courtyard and Patio

      Two-bedroom townhouse with basement, courtyard, and community amenities.
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    • New
      $215,000
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      Residential Lot in Westerville, OH

      Residential lot in desirable Westerville location near Uptown.
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    Similar Nearby for Lease

    • Contact for pricing
      1,600 SF

      Retail Space in Westerville, OH

      Retail spaces available near Cleveland Ave and I-270.
      556-640 W Schrock Rd, Westerville, OH 43081
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    • Contact for pricing
      4,320 SF

      Retail Space in Westerville Plaza

      Retail space for lease in high-traffic Westerville Plaza.
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    • Contact for pricing
      1,600 SF

      Retail Space in Sunbury Plaza

      Retail space for lease in renovated Westerville shopping center.
      5947-6047 Sunbury Rd, Westerville, OH 43081
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    • 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
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    • Contact for pricing
      216,957 SF

      West Park Plaza Retail Center

      Westerville Shopping Center: Spaces Available
      111 Huber Village Blvd, Westerville, OH 43081
      View Details
    • Contact for pricing
      33,000 SF

      Westerville Retail Space Available

      Prime Retail, High-Traffic Location
      5330 Warner Rd, Westerville, OH 43081
      View Details
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    320 State St
    Westerville, OH 43081-2242
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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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