480 State StWesterville, OH 43081

  • Other commercial real estate
  • 1,222 SF
For Sale
$749,900 View listing

Property Details for 480 State St

Year built
1900
Lot size
0.57 AC
Property size (Sq ft)
1,222 SF
Property type
Other commercial real estate
APN
080-002124
APU
80002124

Description

This exceptional commercial property, located at 480 S State Street in Westerville, Ohio, presents a unique investment opportunity. The 0.57-acre lot boasts over 200 feet of frontage on State Street, a high-traffic thoroughfare in a vibrant and popular area. Situated on the edge of downtown Westerville, the property benefits from its proximity to a diverse range of established restaurants, offices, and retail businesses, ensuring high visibility and accessibility. The land's size, totaling 24,829.2 square feet, offers significant development potential for a variety of commercial uses. The property's strategic location within Franklin County, Ohio, and its convenient zip code of 43081, makes it an attractive proposition for businesses seeking a prominent presence in a thriving community. The asking price for this exceptional commercial land is $749,900. This is a rare chance to acquire a substantial parcel in a highly desirable location with excellent potential for future growth and return on investment. The property is zoned for commercial use.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $263,450
    Hospitality
    $241,319
    Educational
    $200,774
    Medical
    $207,679
    Retail
    $312,316
480 State St, Westerville, Ohio

Location Insight

City
Westerville
County
Franklin
State
Ohio
Latitude
40.1132
Longitude
-82.9265
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
$20,329
$105,010
$142,460
$247,470
-
$300,000
$407,000
$707,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].