New search
Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Warehouses
420 Westdale Ave, Westerville, OH 43082-8724
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US66-1471809
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1994
Total area
9,072 SF
Lot
1.14 ac (49,833 SF)
APN
317-342-04-004-000
UPID
US66-1471809
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
UB Commercial Roofing Company General Contractor
-
Universal Builders of America Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$705k
Blend (final)
Blend
$940k
Owner & transaction history
Universal R & E Hldgs LLC · 6 yrs held
Universal R & E Hldgs LLC
since 2020
Last sale
$935,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.6M
+37.1%
Auto repair, garage
$1.3M
+16.6%
Office building
$1.2M
+1.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Westerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westerville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$935,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,140,000
Current use
MEDICAL BUILDING
$1,565,000
Change: +37% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,330,000
Change: +17% · Conversion: Easy
OFFICE BUILDING
$1,160,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$1,050,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10% · vs last sale $935k (May 6 2020)
Last sale anchor
$935k
May 6 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$104 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$25,340
Tax year 2023
Assessed value
$343,110
Assessed 2023
Previous assessed
$327,250
+4.8% YoY
Effective rate
7.39%
On assessed value
Assessed land
$44,030
Assessed improvement
$299,080
Land market value
$125,800
Improvement market value
$854,500
Total market value
$980,300
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1994
Heating
YES
Cooling
YES
Stories
1
Total area
9,072 SF
Lot
1.14 ac (49,833 SF)
APN
317-342-04-004-000
UPID
US66-1471809
Jurisdiction
DELAWARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Heating
YES
Cooling
Yes
Stories
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
Universal R & E Hldgs LLC
Entity
Mailing address
420 WESTDALE AVE, WESTERVILLE, OH 43082-8724
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2020
—
Universal R & E Hldgs LLC
Universal Builders Of America INC
Quit Claim Deed
—
Feb 13, 2019
—
Universal Builders Of America
—
Deed
related
—
Sep 13, 2018
$935,000
Universal Builders Of America INC
Mczink Properties LLC
Limited Warranty Deed
$748,000 · S & T Bank
Aug 15, 2018
—
Mczink Properties LLC
Hlz Properties LLC
Quit Claim Deed
related
—
May 8, 2007
—
Hlz Properties LLC
—
Trustees Deed
related
$640,000 · Huntington National Bank
Dec 13, 2006
—
Hlz Properties LLC
Zink,j Nancy
Quit Claim Deed
related
—
—
—
Universal Builders Of America
—
Loan Modification
related
—
—
—
Mczink Properties LLC
—
Deed Of Trust
related
$1,700,000 · Fifth Third Bank
—
—
Mczink Properties LLC
—
Deed Of Trust
related
$600,000 · Fifth Third Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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