7242 Liberty Rd - Warehouse FOR SALE


Powell, OH 43065
$1,200,000 USD
614-357-4320
7242 Liberty Rd, Powell, OH for Sale
$1,200,000 USD
Warehouse - FOR SALE
1/2
null | Request Cap Rate

7242 Liberty Rd
Powell, OH 43065


HIGHLIGHTS

  • Prime growth corridor: Just minutes from OSU’s $183M Outpatient Care campus and the new 123,000 SF Kroger Marketplace.
  • Rare industrial zoning: 1.9-acre site with flexible industrial zoning amidst a predominantly residential and mixed-use environment.
  • Excellent accessibility: High-traffic corridor with close proximity to Sawmill Parkway and Home Road, offering strong connectivity and exposure.

OVERVIEW

Strategic Location, Development Momentum, & Rare Opportunity. This site is strategically situated within a dynamic growth corridor, benefiting from significant nearby developments, and zoning classification that is hard to come by: - Ohio State University Wexner Medical Center Outpatient Care Powell: A $183 million, 207,000-square-foot facility under construction at the northeast corner of Home Road and Sawmill Parkway, approximately .5 miles from the subject property. The center will include a two-story health center and a five-story medical office building, offering services such as advanced urgent care, imaging, endoscopy, and physical therapy. Completion is anticipated in August 2026. - Kroger Marketplace: A 123,000-square-foot store is slated to open in late 2025 at the intersection of Home Road and Sawmill Parkway. This $35 million investment will feature expanded grocery offerings, general merchandise, apparel, and home goods, enhancing the area's retail landscape. --- Surrounding Residential Growth The property is enveloped by established and emerging residential communities, including: - Single-Family Homes: Numerous subdivisions with homes averaging a median listing price of $544,900 - Multi-Family Developments: Proximity to apartment complexes and townhome communities, catering to a diverse demographic. This residential density supports a strong labor pool and potential customer base for commercial enterprises. Investment Highlights - **Rare Industrial Zoning** Limited availability of industrial-zoned land in Powell presents a unique opportunity for specialized development. - **Accessibility** Convenient access to major thoroughfares, including Sawmill Parkway and Home Road, facilitating transportation and logistics. Tenant is month-to-month. Do not disturb tenant.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$335 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Repair, Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

8

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.91

LAND SF

83,199

ZONING

Industrial

APN/PARCEL ID

319-240-01-003-000

ASK ABOUT THIS PROPERTY

Steven OsbornParker Realty AssociatesMore Info
614-357-4320

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Steven OsbornParker Realty AssociatesMore Info
614-357-4320

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.