560 Cleveland Ave Westerville, OH 43082-9105
Property Lookup
Property profile & analytics
560 Cleveland Ave Westerville, OH 43082-9105
- Office buildings
- 19,840 SF
- 0.25 lot acres
Property ID
US66-2555776
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.
Location Intelligence
Current Use by Public Records
- Dr. Joseph Wilcox / Physician
- Beth Schroeder / Physician
- Dr. Jason Ferrel / Physician
- Kristine Cameron / Physician
- Amy Cruise / Physician
Property Details for 560 Cleveland Ave
- Year built
- 2007
- Lot size
- 0.25 lot acres
- Property size
- 19,840 SF
- Property type
- Office buildings
- APN
- 317-333-01-006-002
- APU
- 31733301006002
Description
This exceptional 19,840 square foot medical office building, constructed in 2007, is situated at 560 N Cleveland Ave in Westerville, Ohio, 43082. The property boasts a convenient location just south of Polaris Parkway in the Westar/Medical Mile area, benefiting from high visibility and proximity to a significant concentration of medical professionals. Currently, there is 19,015 square feet of vacant space available, offering flexible options for tenants. Divisible spaces range from a minimum of 2,011 square feet to a maximum contiguous space of 9,938 square feet. The building features two stories, with 9,938 square feet available on the first floor and 9,077 square feet on the second floor. The building offers excellent parking with 80 spaces available for tenants and visitors. The property is ideal for medical practices seeking high-quality space in a thriving medical corridor. Building signage opportunities are available on Cleveland Avenue, providing excellent visibility for your business. The location benefits from the presence of 50 referring primary care physicians in the immediate vicinity, creating a strong referral network for potential tenants. This is a rare opportunity to secure prime medical office space in a highly desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,345,000
- 6.5%
- $4,010,000
- 7%
- $3,720,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,192,000
- AI Estimate
- $2,324,000
Market price range: $1.76M - $3.19MMarket price range: $596k - $2.46M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,540,000 Current use
- COMMERCIAL (GENERAL)
- $3,920,000 Change: +54% Conversion: Easy
- MEDICAL BUILDING
- $3,420,000 Change: +35% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,910,000 Change: +15% Conversion: Difficult
- WAREHOUSE, STORAGE
- $2,495,000 Change: -2% Conversion: Difficult
- RETAIL STORES
- $2,295,000 Change: -10% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Westerville
- County
- Delaware
- State
- Ohio
- Longitude
- -82.9462
- Latitude
- 40.1407
- 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
$89,343
$28,980
$1,180,730
$1,209,710
-
$82,800
$3,373,500
$3,456,300
