5015 Pine Creek DrWesterville, OH 43081

Property Details for 5015 Pine Creek Dr

Year built

1986

Construction

WOOD

Lot size

0.03 AC

Property size (Sq ft)

2,054 SF

Property type

Office properties

Property subtype

Other office properties

APN

600-206944

APU

600206944

Description

This exceptional 2,700 square foot office space is immediately available in the Blendonview Office Park, a picturesque setting abutting Blendon Woods Metro Park. The space is situated within an eight-building complex, featuring two two-story buildings, and boasts a "national park"-like feel. The interior is well-appointed with nine individual offices, five of which offer private access to a wood deck overlooking the park. Amenities include kitchenettes, a workroom, and an open conference area/additional office space. The property offers ample parking with 25 spaces available. Conveniently located, it's just 1,200 feet from the Little Turtle/161 exit, a 4-minute drive to I-270, and a 5-minute drive to the Hamilton Road/SR 161 exit. Enjoy easy access to Easton Town Center (10 minutes), John Glenn International Airport (15 minutes), and Downtown Columbus (20 minutes). The property is serviced by City of Columbus sewer and water. Building was constructed in 1986 and is zoned for office use. The property is a single-tenant space within a larger 8,000 square foot building. A three-year minimum lease term is required. Condo fees and real estate taxes are paid by the owner; tenant is responsible for janitorial services, insurance, electricity, and gas. The APN is 60020694400, and the property is powered by AEP. This is a truly unique opportunity to establish your business in a serene yet highly accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $386,872

  6.5%

  $357,113

  7%

  $331,605

• Comparable approach

  Method

  Valuation

  Relative Method

  $192,131

  Geo Method

  $192,131

• Alternative Use

  Use

  Valuation

  Residential

  $442,820

  Hospitality

  $405,621

  Educational

  $337,472

  Medical

  $349,078

  Retail

  $524,956

Location Insight

City

Westerville

County

Franklin

State

Ohio

Latitude

40.0781

Longitude

-82.8797

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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