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    519 S Otterbein Ave Westerville, OH 43081

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    519 S Otterbein Ave Westerville, OH 43081


    • Office buildings
    • 7,040 SF
    • 0.56 lot acres
    Westerville Neighborhood Office Space For Lease
    $615,000

    Westerville Neighborhood Office Space

    Neighborhood office space suitable for medical or esthetics practices.

    519 S Otterbein Ave, Westerville, OH 43081
    View Listing
    Property ID
    US66-1522686
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $615,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Timothy A. Kennedy Ph.D.,LISW / Physician
    • R & R Recognize & Refer / Physician / Medical Clinic
    • Northern Therapeutic Massage / Alternative Medicine Practice / Spa & Massage Center
    • Jerry Loos Guitar Training Center / Tutoring Service
    • Hope Disability Foundation LLC / Charitable Organization / Social Service Agency

    Property Details for 519 S Otterbein Ave

    Year built
    1972
    Construction
    WOOD
    Lot size
    0.56 lot acres
    Property size
    7,040 SF
    Property type
    Office buildings
    APN
    080-003398
    APU
    80003398

    Description

    This exceptional executive office suite, located at 519 S Otterbein Ave in Westerville, Ohio, presents a fantastic opportunity for businesses seeking a prestigious address. The property, situated in the desirable Westerville submarket of Franklin County, offers a total of 5,783 square feet across two stories. Currently, there is 1,251 square feet of vacant space available, perfect for a single tenant or small business requiring approximately 851 square feet. The building is conveniently located near the intersection of Otterbein Avenue and Schrock Road. While the building does not feature elevators, its two-story design ensures easy accessibility. The property is classified as a multi-tenant building, providing a collaborative and professional environment. The address, 519 S Otterbein Ave, Westerville, OH 43081, places your business in a thriving and well-established commercial area. This is an ideal location for businesses seeking high visibility and easy access to major transportation routes. The available space is ready for immediate occupancy and offers a chance to establish a strong presence in a sought-after Westerville neighborhood. The property's location and features make it an attractive option for businesses of various sizes and industries. Inquire today to learn more about this exceptional opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $405,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $693,000
      Market price range: $471k - $1.12M
      AI Estimate
      $744,000
      Market price range: $510k - $1.30M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $870,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,020,000
      Change: +17% Conversion: Easy
      RETAIL STORES
      $880,000
      Change: +1% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $705,000
      Change: -19% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Westerville
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9224
    Latitude
    40.112
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,517
    $30,730
    $145,990
    $176,720
    -
    $87,800
    $417,100
    $504,900
    View Listing
    More about this property
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