Property summary
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… (2020). Ample unreserved free parking is available throughout the office park, with 11 surface spaces conveniently located directly outside the building's entrance (1.75 spaces per 1,000 square feet). The property's strategic location offers easy access to major roadways, including the I-270 and SR 3 interchange (within a half-mile), and proximity to banks, restaurants, and shopping. The building's layout includes three suites: two on the first floor (1,647 SF and 1,483 SF, each with a reception area, three offices, a conference room, workstation area, and kitchenette) and one on the second floor (3,000 SF, featuring a reception area with granite floors, four to five offices, in-suite restrooms, a conference room, and a large office/war room with a gas fireplace). Tenants are responsible for gas, electric, internet, and in-suite janitorial services. The asking price is $870,000, representing a price per square foot of $139.07. The property's strong performance and desirable location make it an ideal addition to any investment portfolio. The pro-forma NOI is $62,005.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,116 SF
- Lot area
- 0.12 ac
- Year built
- 2000
- Stories
- 2
- APN
- 080-011387
- Assessed value · 2023
- $165,550
- Annual tax · 2023
- $13,600
- Auto Repair, Garage
- Neighborhood: Shopping Center
- Apartment House (5+ Units)
- Retail Stores
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Value Estimation
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- Location Insight
- Alternative use
- Local Zoning Insight
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