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Property profile & analytics
FOR SALE
Banks

543 N Cleveland Ave Westerville, OH 43085

4,601 SF 1.91 ac lot Built 2018
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US66-2396090
Property summary
AI-generated overview

This exceptional 0.85-acre commercial land parcel, located at 543 N Cleveland Ave in Westerville, Ohio (zip code 43082), presents a unique investment opportunity. Zoned for commercial use, this property boasts high visibility due to its frontage on Cleveland Avenue, a major thoroughfare experiencing approximately 20,000 vehicles daily. All utilities are conveniently located on-site, simplifying development plans. The property is situated within a thriving planned community, alongside established businesses such as BMI Federal Credit Union, Vertiv, Mac Tools, and ABB, ensuring a strong and desirable commercial environment. This strategic location offers excellent potential for a variety of commercial ventures, benefiting from the high traffic volume and proximity to successful, well-known companies. The asking price for this exceptional land parcel is $750,000. Delaware County location provides access to a robust infrastructure and a strong local economy. This is a rare opportunity to acquire a highly visible and well-situated commercial lot in a rapidly growing area.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2018
Total area 4,601 SF
Lot 1.91 ac (83,069 SF)
APN 318-444-01-002-002
UPID US66-2396090
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
  • BMI Federal Credit Union Credit Union
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
City Of Westerville · 7 yrs held
City Of Westerville
since 2018
3 recorded transactions
2018
Price N/A
2018
$683,000
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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