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    Property profile & analytics

    860 Sunbury Rd Westerville, OH 43081

    • Retail space
    • 1,344 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Last Sale
    Jan 13, 2025
    $174,600
    Location Intelligence
    Property ID
    US66-1774424
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 860 Sunbury Rd

    Year built
    1868
    Construction
    WOOD
    Lot size
    0.13 lot acres
    Property size
    1,344 SF
    Property type
    Retail space
    APN
    080-010442
    APU
    80010442

    Description

    This charming 1,344 square foot mixed-use building, located at 860 S Sunbury Rd in Westerville, Ohio, presents a unique investment opportunity. Built in 1868, this single-story brick structure sits on a 0.15-acre lot and boasts a prominent corner location at the intersection of Sunbury Road and Central College Road, ensuring high visibility. The property is currently vacant and zoned CC-Community Co, offering flexibility for a variety of commercial uses. Previously utilized as a church, school, and bait shop, the building's history adds to its character and appeal. Its prime location, just steps from the main entrance of Hoover Reservoir, provides excellent access and exposure. The asking price is $299,900, translating to $223.14 per square foot. Potential uses include, but are not limited to, a pastry/coffee shop, ice cream parlor, flower shop, or small office space. The property's size and zoning allow for redevelopment possibilities, and it could be purchased with a contiguous parcel for an expanded footprint. This property offers a blend of historical charm and modern commercial potential in a desirable Westerville location. The Franklin County property features Westerville schools and the APN is 080-010442.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $180,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $215,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $205,000
      Retail
      $225,000
      Mixed-Use
      $255,000
      Hospitality
      $225,000
      Educational
      $265,000
      Residential Income
      $250,000
      Energy
      $235,000
      Income-Based Land
      $250,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    Westerville
    County
    Franklin
    State
    Ohio
    Longitude
    -82.8882
    Latitude
    40.1025
    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
    $1,723
    $17,710
    $3,260
    $20,970
    -
    $50,600
    $9,300
    $59,900

    Comparable in this City

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      $335,000
      1,748 SF

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      View Details
    • Value Estimation
      $475,000
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      431 Lazelle Rd, Unit 451

      RETAIL STORES (PERSONAL SERVICES) • 9,000 SF
      431 Lazelle Rd, Westerville, OH 43081-9540
      View Details
    • Value Estimation
      $105,000
      2,196 SF

      16 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,196 SF
      16 Main St, Westerville, OH 43081-1537
      View Details
    • Value Estimation
      $400,000
      3,254 SF

      77 State St

      RETAIL STORES (PERSONAL SERVICES) • 3,254 SF
      77 State St, Westerville, OH 43081-2115
      View Details
    • Value Estimation
      $385,000
      5,840 SF

      359 State St

      RETAIL STORES (PERSONAL SERVICES) • 5,840 SF
      359 State St, Westerville, OH 43081-2253
      View Details
    • Value Estimation
      $1,325,000
      11,920 SF

      780 State St, Unit 792

      RETAIL STORES (PERSONAL SERVICES) • 11,920 SF
      780 State St, Westerville, OH 43081-3300
      View Details

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    Similar Nearby for Lease

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      View Details
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    860 Sunbury Rd
    Westerville, OH 43081
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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