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805 Hillsdowne Rd
6,125 SF 100% Leased Office Building Westerville, OH 43081 $860,000 ($140/SF)
INVESTMENT HIGHLIGHTS
- Brick Exterior
- Free Standing
- 100% Leased
- Multi Tenant Building
- City of Westerville
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$93,995
|
$15.35
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$93,995
|
$15.35
|
| Taxes |
$13,600
|
$2.22
|
| Operating Expenses |
$18,389
|
$3.00
|
| Total Expenses |
$31,989
|
$5.22
|
| Net Operating Income |
$62,006
|
$10.12
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $93,995 |
| Annual Per SF | $15.35 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $93,995 |
| Annual Per SF | $15.35 |
| Taxes | |
|---|---|
| Annual | $13,600 |
| Annual Per SF | $2.22 |
| Operating Expenses | |
|---|---|
| Annual | $18,389 |
| Annual Per SF | $3.00 |
| Total Expenses | |
|---|---|
| Annual | $31,989 |
| Annual Per SF | $5.22 |
| Net Operating Income | |
|---|---|
| Annual | $62,006 |
| Annual Per SF | $10.12 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,125 SF
Building Class
C
Year Built
2000
Price
$860,000
Price Per SF
$140
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,063 SF
Slab To Slab
10’
Building FAR
1.17
Lot Size
0.12 AC
Zoning
C - Commercial - C - Commercial
AMENITIES
- 24 Hour Access
- Central Heating
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 080-011387 | Total Assessment | $165,550 |
| Land Assessment | $10,360 | Annual Taxes | $13,600 ($2.22/SF) |
| Improvements Assessment | $155,190 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
080-011387
Land Assessment
$10,360
Improvements Assessment
$155,190
Total Assessment
$165,550
Annual Taxes
$13,600 ($2.22/SF)
Tax Year
2023
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805 Hillsdowne Rd
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