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Property profile & analytics
OFF-MARKET
Commercial real estate

515 State St Westerville, OH 43081-2921

3,429 SF 0.77 ac lot Built 1981
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US66-1978164
Property summary
AI-generated overview

This exceptional retail property, located at 515 S State Street in Westerville, Ohio, presents a unique leasing opportunity. Situated on a 0.77-acre lot in the heart of Westerville's premier retail corridor, this single-tenant building offers 3,429 square feet of vacant space, ideal for a variety of commercial uses. The property's address is 515 S State St, Westerville, OH 43081, within Franklin County. The building is classified as both retail and land, making it suitable for businesses requiring both storefront presence and potential for outdoor operations. The entire 3,429 square feet is currently available for lease, providing a blank canvas for a new tenant to customize the space to their specific needs. Its location within a thriving retail area ensures high visibility and foot traffic, offering significant potential for business growth. This property represents a compelling investment opportunity for businesses seeking a prominent location in a dynamic and desirable market. The property's size and location make it an attractive option for a wide range of retail businesses. Interested parties are encouraged to inquire further to explore the possibilities.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1981
Construction WOOD
Total area 3,429 SF
Lot 0.77 ac (33,672 SF)
APN 080-008447
UPID US66-1978164
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
  • Yespress Graphics, LLC (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Shreenathji Enterprises LLC · 20 yrs held
Shreenathji Enterprises LLC
since 2005
4 recorded transactions
2005
$500,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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