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Property profile & analytics
OFF-MARKET Estimated value $535,000
Office buildings

425 Schrock Rd Westerville, OH 43081-8918

6,774 SF 0.47 ac lot Built 1990
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-1522364
Property summary
AI-generated overview

This exceptional executive office space, totaling 1,338 square feet, is ideally situated at 425 W Schrock Road in Westerville, Ohio, within Franklin County. The suite comprises Suites 201 and 202, conveniently connected by an interior door (not depicted on the floor plan). This move-in ready space is part of a larger two-story office building encompassing 5,410 square feet. The building offers ample parking for tenants and their guests, providing convenient access for clients and employees. The property is classified as a multi-tenant building, offering a collaborative and professional environment. The specific suite available presents a unique opportunity for businesses seeking a well-appointed and readily accessible office location in Westerville. Its size makes it suitable for a variety of business needs, from small professional teams to expanding enterprises. The address is easily accessible, with excellent visibility and proximity to local amenities. This prime Westerville location offers a blend of convenience and professional appeal, making it an attractive option for businesses seeking a high-quality office space. The zip code is 43081.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Construction WOOD
Total area 6,774 SF
Lot 0.47 ac (20,604 SF)
APN 080-009238
UPID US66-1522364
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
  • Express Tax Tax Preparation
  • Opossum Care Home Health Care Service
  • Elite Medical Transportation Courier Service
  • New Direction Health & Support Service Home Health Care Service
  • Caritas Home Health Care Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
$589k
Blend (final) Blend
$535k
Owner & transaction history
Young Office Building LLC · 3 yrs held
Young Office Building LLC
since 2023
5 recorded transactions
2023
Price N/A
2020
Price N/A
2020
Price N/A
2019
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $845,000 +0.8%
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