Financial
Distress signals
Property profile

805 Hillsdowne Rd Westerville, OH 43081

OFF-MARKET
Office buildings
Property ID
US66-1811696
6,116 SF 0.12 ac lot Built 2000
Last sale Aug 2001 · $464,845
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 6,256-square-foot medical office building in Westerville, Ohio, presents a compelling investment opportunity. Located within the Concord Square Office Park, this Class B property boasts a 100% occupancy rate with three tenants, generating a current cap rate of 6.89% and a pro-forma cap rate of 7.13%. The building, constructed in 2000 and renovated in 2022, features upgraded interior wood trim and panel doors, a new black iron fence (2022), and an exterior security camera

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$166k
Assessed land$10k
Assessed improvement$155k
Effective rate8.22%

Value estimate

· Sep 2026
$735k
$662k – $809k
Submarket $/SF estimate$650k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$124/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$67 – $160
Qualifying comparables7

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.

JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.6
Kitchen & Bath10.5
Clothing Store10.0

Location

805 Hillsdowne Rd Westerville, OH 43081-7308
County assessor Recorded deeds · not on file 7 qualifying comp sales 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
56 Dorchester N, Westerville, OH 43081-7306 $665,000 Jul 2025 4,176 SF
291 Broad, Westerville, OH 43081-1603 $155,000 Jun 2024 5,744 SF
642 Brooksedge, Westerville, OH 43081-2818 $595,000 Mar 2023 4,782 SF
72 Dorchester N, Westerville, OH 43081-7300 $420,000 Nov 2021 4,176 SF
69 Huber Vlg, Westerville, OH 43081-3305 $996,500 Nov 2021 4,864 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 805 Hillsdowne Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message