Financial
Distress signals
Property profile

4151 Executive Pkwy Westerville, OH 43081

FOR LEASE
Office buildings
Property ID
US66-3017304
119,184 SF 6.39 ac lot Built 1986
Last sale Mar 2007 · $27,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

One Executive Parkway in Westerville, Ohio offers exceptional executive office space in a three-story, multi-tenant building totaling 119,925 square feet. Built in 1986 and renovated in 1999, this Class B property provides a blend of classic charm and modern functionality. The building features seven total suites, with a minimum divisible space of 1,023 square feet and a maximum contiguous space of 4,433 square feet. Currently, 22,642 square feet of office space is available. Enjoy a

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.

Mortgages

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?
$236k
Tax billed · 2023
Assessed value$2.62M
Assessed land$484k
Assessed improvement$2.13M
Effective rate9.01%

Value estimate

· Sep 2026
$29.59M
$26.63M – $32.54M
CAP approach$24.08M
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$5k
Operating expenses−$4k
NOI · 114,500.00% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$124/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$67 – $160

Cap rate analysis

How does the asset earn?
114,500.00%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency39.7
Law Firm33.6
Restaurant29.3

Location

4151 Executive Pkwy Westerville, OH 43081
County assessor Recorded deeds · 2 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

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4860 Dublin Granville, Columbus, OH 43081-7650 $36,000,000 Apr 2025 273,100 SF
735 Ceramic, Westerville, OH 43081-8704 $2,700,000 Apr 2023 33,444 SF
800 Brooksedge, Westerville, OH 43081-2822 $16,960,000 Sep 2022 417,242 SF
675 Brooksedge, Westerville, OH 43081-2817 $6,500,000 Sep 2022 26,984 SF
751-757 Brooksedge, Westerville, OH 43081 $1,100,000 Jun 2022 22,690 SF
707 Park Mdw, Westerville, OH 43081-2872 $1,990,000 Sep 2021 18,788 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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