444 Cleveland Ave Westerville, OH 43082
- Medical offices
- 41,880 SF
- 3.82 lot acres
Current Use by Public Records
- Mount Carmel Rehab Services Westerville / Medical Center
- Westar Ob Gyn / Women'S Health Clinic / Counselor
- Dr. Alan J. Murnane, MD / Obstetrician-Gynecologist
- Riverside Hearing Services / Medical Clinic / Audiologist
- Mount Carmel Heart & Vascular Center Westar / Medical Center
Property Details for 444 Cleveland Ave
- Year built
- 2001
- Lot size
- 3.82 lot acres
- Property size
- 41,880 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 317-333-01-014-003
- APU
- 31733301014003
Description
This exceptional three-story medical office building, totaling 41,739 square feet, boasts a coveted location on Westerville's "Medical Mile." The Class B building, constructed in 2002, offers multiple tenancy options ranging from 2,709 to 28,365 contiguous square feet, with a total of 10 suites. Currently, there is 106,071 square feet of vacant space available. The property features ample parking with a 5:1,000 square foot ratio, ensuring convenient access for patients and staff. Its strategic location provides easy access to major thoroughfares, including I-270 and I-71, enhancing visibility and accessibility. The building is situated at the intersection of N Cleveland Ave and County Line Rd W in Delaware County's Northeast submarket (Westerville/Polaris cluster), offering excellent monument signage opportunities. Elevators are available for convenient access to all three floors. This property presents a unique opportunity for medical practices seeking a prominent and well-equipped space in a thriving medical hub.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,500,000
- 6.5%
- $8,095,000
- 7%
- $8,355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,855,000
- Geo Method
- $8,135,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,585,000
- Retail
- $7,125,000
- Mixed-Use
- $7,125,000
- Hospitality
- $8,350,000
- Educational
- $7,490,000
- Residential Income
- $7,275,000
- Energy
- $8,455,000
- Income-Based Land
- $7,645,000
- Food Service
- $8,090,000
Location Insight
- Map
- Local Demand
- City
- Westerville
- County
- Delaware
- State
- Ohio
- Longitude
- -82.9464
- Latitude
- 40.1379
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
