470 Olde Worthington RdWesterville, OH 43082

Property Details for 470 Olde Worthington Rd

Year built

2000

Lot size

5.81 AC

Property size (Sq ft)

92,496 SF

Property type

Office buildings

APN

318-443-01-008-002

APU

31844301008002

Description

This exceptional Class A office building, located at 470 Olde Worthington Rd in Westerville, Ohio, offers a variety of flexible spaces ideal for businesses of all sizes. Built in 2000 and extensively renovated in 2020, the property boasts 88,661 square feet across four stories, providing a modern and efficient work environment. The building features three high-speed elevators for convenient access to all floors. Multiple tenancy options are available, with suites ranging from a minimum of 2,000 square feet to a maximum contiguous space of 6,886 square feet. Currently, 12,415 square feet of space is immediately available. The property is situated in the desirable Polaris submarket of Delaware County, offering easy access to major transportation routes and amenities. Ample parking is provided with a ratio of 4 spaces per 1,000 square feet. This meticulously maintained building presents a unique opportunity to establish your business in a prestigious location with modern conveniences and a highly sought-after address. The property's strategic location within the Polaris submarket ensures excellent visibility and accessibility for employees and clients alike. Contact us today to schedule a viewing and explore the possibilities. Zip code: 43082.

• CAP approach

  CAP return

  Valuation

  6%

  $17,421,682

  6.5%

  $16,081,552

  7%

  $14,932,870

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,652,076

  Geo Method

  $8,652,076

• Alternative Use

  Use

  Valuation

  Residential

  $19,941,124

  Hospitality

  $18,265,964

  Educational

  $15,197,067

  Medical

  $15,719,717

  Retail

  $23,639,882

Location Insight

City

Westerville

County

Delaware

State

Ohio

Latitude

40.1392

Longitude

-82.9644

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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