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    OFF-MARKET
    Office Spaces

    555 Schrock Rd Ste B, Westerville, OH 43081-8717

    2,738 SF 0.07 ac lot Built 1989
    Individually Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US66-2528698
    Property summary
    AI-generated overview

    This exceptional 3,240 square foot medical office building, situated on a 0.2-acre lot in Westerville, Ohio, presents a unique investment opportunity. Built in 1989, the single-tenant property boasts a highly desirable location near St. Ann's Hospital and with convenient access to Interstate 270. Currently configured as a medical clinic, the building features nine lab rooms, four office spaces, a spacious waiting room, restrooms, an employee break room, and additional storage on the second floor. The property offers ample parking, a significant advantage in this high-demand area. The owner is seeking a three-year lease at a monthly rate of $5,000, plus utilities. Detailed floor plans and photographs are available upon request. The property's APN is 600-218483. This turnkey medical facility is ideally suited for a variety of healthcare practices, benefiting from its proximity to other medical facilities and its excellent accessibility. The building's layout and amenities provide a comfortable and efficient workspace for medical professionals and their staff. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a thriving market. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Year built 1989
    Construction WOOD
    Total area 2,738 SF
    Lot 0.07 ac (2,919 SF)
    APN 080-010525
    UPID US66-2528698
    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
    • Parker Mcbride Jarvis Dental Office
    • Newman Donna Dental Office
    • Copcp Northside Internal Medicine Medical Clinic
    • Dr. Jack Rupp, MD Pediatrician Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Michael J Weber · 4 yrs held
    Michael J Weber
    since 2022
    Last sale
    $400,000
    3 recorded transactions
    2022
    2017
    $45,500
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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