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Property profile & analytics
FOR LEASE
Office buildings
579 Executive Campus Dr Westerville, OH 43082
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US66-1368647
For Lease
1 / 17
Contact for pricing
579 Executive Campus Dr, Westerville, OH 43082
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Total area
111,424 SF
Lot
8.89 ac (387,205 SF)
APN
318-444-01-001-003
UPID
US66-1368647
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
-
Todd Utrup - Revolution Mortgage Loan Service Bank
-
Cummins Facility Services (Bike/Boat/Book/etc) Store
-
ATM Atm
-
Revolution Mortgage Loan Service Bank
-
The MD Group - Fairway Independent Mortgage Corporation Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.23M
Blend (final)
Blend
$16.00M
Owner & transaction history
Abb Campus Sub LLC · 10 yrs held
Abb Campus Sub LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$22.0M
+54.4%
Medical building
$19.2M
+34.7%
Auto repair, garage
$16.3M
+14.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Westerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westerville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$14,265,000
Current use
COMMERCIAL (GENERAL)
$22,020,000
Change: +54% · Conversion: Easy
MEDICAL BUILDING
$19,210,000
Change: +35% · Conversion: Easy
AUTO REPAIR, GARAGE
$16,335,000
Change: +15% · Conversion: Difficult
WAREHOUSE, STORAGE
$14,010,000
Change: -2% · Conversion: Difficult
RETAIL STORES
$12,885,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$16.00M
Range $14.40M – $17.59M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$144 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$432,239
Tax year 2023
Assessed value
$5,331,620
Assessed 2023
Previous assessed
$5,052,640
+5.5% YoY
Effective rate
8.11%
On assessed value
Assessed land
$545,580
Assessed improvement
$4,786,040
Land market value
$1,558,800
Improvement market value
$13,674,400
Total market value
$15,233,200
Applied tax rate
49.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2004
Heating
YES
Cooling
YES
Stories
2
Total area
111,424 SF
Lot
8.89 ac (387,205 SF)
APN
318-444-01-001-003
UPID
US66-1368647
Jurisdiction
DELAWARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$14.3M
COMMERCIAL (GENERAL)
Est. value
$22.0M
MEDICAL BUILDING
Est. value
$19.2M
AUTO REPAIR, GARAGE
Est. value
$16.3M
WAREHOUSE, STORAGE
Est. value
$14.0M
RETAIL STORES
Est. value
$12.9M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
YES
Cooling
Yes
Stories
2
Lot
8.89 ac
Current owner
From public records · entity-resolved
Abb Campus Sub LLC
Entity
Mailing address
579 EXECUTIVE CAMPUS DR, WESTERVILLE, OH 43082-9847
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2015
—
Abb Campus Sub LLC
Abb Campus Sub LLC
Quit Claim Deed
related
$10,700,000 · Jefferies Loancore
Aug 31, 2015
$4,873,333
Abb Campus Sub LLC
Abb Westerville Properties
Warranty Deed
—
Jun 21, 2005
$916,000
Abb-3 LLC
Abb Westerville Properties LLC
Warranty Deed
—
Jun 16, 2005
$916,000
Abb-12 LLC
Abb Westerville Properties LLC
Warranty Deed
—
Jun 16, 2005
$3,358,600
Abb-8 LLC
Abb Westerville Properties LLC
Warranty Deed
—
Jun 16, 2005
$1,221,300
Abb-1 LLC
Abb Westerville Properties LLC
Warranty Deed
—
Jun 16, 2005
$1,297,700
Abb-14 LLC
Abb Westerville Properties LLC
Warranty Deed
—
Jun 16, 2005
$1,145,000
Abb-2 LLC
Abb Westerville Properties LLC
Warranty Deed
—
Jun 16, 2005
$610,700
Abb-6 LLC
Abb Westerville Properties LLC
Warranty Deed
—
Jun 16, 2005
$648,900
Abb-5 LLC
Abb Westerville Properties LLC
Warranty Deed
—
Jun 16, 2005
$15,113,340
Abbw LLC
Abb Westerville Properties LLC
Warranty Deed
—
Jun 16, 2005
$992,300
Abb-11 LLC
Abb Westerville Properties LLC
Warranty Deed
—
Jun 16, 2005
$687,000
Abb-9 LLC
Abb Westerville Properties LLC
Warranty Deed
—
Jun 16, 2005
$877,800
Abb-13 LLC
Abb Westerville Properties LLC
Warranty Deed
—
Mar 11, 2005
$13,700
Abb Westerville Properties LLC
Ackerman Road Investments LLC
Grant Deed
$10,250,000 · Cibc INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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