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Financial
Distress signals
Property profile

550 Polaris Pkwy Westerville, OH 43082

OFF-MARKET
Office buildings
Property ID
US66-6108296
150,641 SF 10.86 ac lot Built 2003
Last sale Apr 2025 · $3,035,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Westar II is an office property located at 550 Polaris Parkway in the Polaris area of Columbus, Ohio. The building provides access to Interstates 71 and 270 and is situated near Polaris Fashion Place, hotels, and restaurants. The property contains approximately 30,000 square feet of office space and is configured for office use, with signage opportunities associated with the building.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$412k
Tax billed · 2023
Assessed value$5.08M
Assessed land$647k
Assessed improvement$4.44M
Effective rate8.11%

Value estimate

· Oct 2026
$14.18M
$12.76M – $15.60M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$128/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$89 – $161

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDELAWARE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop10.7
Electrical Service9.9
Kitchen & Bath9.7

Location

550 Polaris Pkwy Westerville, OH 43082-7045
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9200 Worthington, Westerville, OH 43082-7634 $14,750,000 Nov 2022 143,847 SF
751 Intek, Westerville, OH 43082-9056 $587,333 Sep 2022 12,372 SF
6111 Maxtown, Westerville, OH 43082-9051 $1,400,000 Jan 2022 32,270 SF
750 Northfield, Westerville, OH 43082-8726 $2,693,000 Jan 2021 29,634 SF
380 Polaris, Westerville, OH 43082-8069 $15,721,700 Dec 2020 112,384 SF
480 Olde Worthington, Westerville, OH 43082-8954 $6,000,000 Nov 2020 102,487 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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