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238-244 Deo Dr 42,101 SF Retail Building Newark, OH 43055 $2,750,000 ($65.32/SF)

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EXECUTIVE SUMMARY

Indian Valley Plaza presents an outstanding investment or owner-user opportunity in the heart of Newark’s thriving retail corridor. This established retail center comprises 17 individual units within a well-maintained strip plaza, offering flexible tenancy options and steady income potential. The property encompasses approximately 5.5± acres (contingent on lot split), with an additional 0.7± acre outlot available for separate negotiation—ideal for future development or expansion.
The plaza features a recently re-sealed parking lot and a layout designed for excellent accessibility and visibility. With strong tenant mix potential and financials available upon execution of a signed NDA, Indian Valley Plaza is well-suited for investors seeking stable returns or for a retail user looking to occupy space while benefiting from rental income.
Prime, high-visibility location along Deo Drive in Newark, Ohio. This property is positioned within a densely populated area surrounded by established single-family and multi-family neighborhoods. The site benefits from strong traffic counts and proximity to numerous national retailers, restaurants, and service-based businesses, offering exceptional exposure and accessibility for future development or tenants.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
42,101 SF
Building Class
B
Year Built/Renovated
1979/1990
Price
$2,750,000
Price Per SF
$65.32
Tenancy
Multiple
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.18
Lot Size
5.52 AC
Zoning
GB - General Intensity Business District
Frontage
242’ on 21st St

AMENITIES

  • Pylon Sign
  • Signalized Intersection

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 259
  • 2,000 SF
  • Retail
  • -
  • Now

Excellent retail opportunity! This strip center is strategically located on Deo Drive which connects N 21st Street the main shopping corridor to SR-13. Continuous road frontage, highly visible and great building and road signage available. Within close proximity to several national brand box stores and restaurants. Space offers 2,000 SF of space with an open floor plan. Excellent high visibility location along Deo Drive in Newark. Property is within a highly populated area along with several national brand business surrounded by single family and multi-family housing.

  • 273
  • 2,800 SF
  • Retail
  • In-Line
  • Now

Excellent retail opportunity! This strip center is strategically located on Deo Drive which connects N 21st Street the main shopping corridor to SR-13. Continuous road frontage, highly visible and great building and road signage available. Within close proximity to several national brand box stores and restaurants. Space offers 2,800 SF with an open floor plan. Located within a highly populated area along with several national brand business surrounded by single family and multi-family housing.

  • 281
  • 2,993 SF
  • Retail
  • In-Line
  • Now

Excellent retail opportunity! This strip center is strategically located on Deo Drive which connects N 21st Street the main shopping corridor to SR-13. Continuous road frontage, highly visible and great building and road signage available. Within close proximity to several national brand box stores and restaurants. Space offers 2,993 SF of space with a mix of open floor plan and office space. Excellent high visibility location along Deo Drive in Newark. Property is within a highly populated area along with several national brand business surrounded by single family and multi-family housing.

  • 287
  • 2,183 SF
  • Retail
  • -
  • Now

Excellent retail opportunity! This strip center is strategically located on Deo Drive which connects N 21st Street the main shopping corridor to SR-13. Continuous road frontage, highly visible and great building and road signage available. Within close proximity to several national brand box stores and restaurants. Space offers 2,183 SF of space with an open floor plan in the front and office space in the rear of the unit. Excellent high visibility location along Deo Drive in Newark. Property is within a highly populated area along with several national brand business surrounded by single family and multi-family housing.

  • 299
  • 2,000 SF
  • Retail
  • In-Line
  • Now

Excellent retail opportunity! This strip center is strategically located on Deo Drive which connects N 21st Street the main shopping corridor to SR-13. Continuous road frontage, highly visible and great building and road signage available. Within close proximity to several national brand box stores and restaurants. Space offers 2,000 SF of space with a mix of open floor plan and private rooms.

  • 305
  • 3,000 SF
  • Retail
  • In-Line
  • Now

Excellent retail opportunity! This strip center is strategically located on Deo Drive which connects N 21st Street the main shopping corridor to SR-13. Continuous road frontage, highly visible and great building and road signage available. Within close proximity to several national brand box stores and restaurants. Offering 3,000 SF of open retail space with building signage available.

Space Size Space Use Position Available
259 2,000 SF Retail - Now
273 2,800 SF Retail In-Line Now
281 2,993 SF Retail In-Line Now
287 2,183 SF Retail - Now
299 2,000 SF Retail In-Line Now
305 3,000 SF Retail In-Line Now

259

Size
2,000 SF
Space Use
Retail
Position
-
Available
Now

273

Size
2,800 SF
Space Use
Retail
Position
In-Line
Available
Now

281

Size
2,993 SF
Space Use
Retail
Position
In-Line
Available
Now

287

Size
2,183 SF
Space Use
Retail
Position
-
Available
Now

299

Size
2,000 SF
Space Use
Retail
Position
In-Line
Available
Now

305

Size
3,000 SF
Space Use
Retail
Position
In-Line
Available
Now

259

Size 2,000 SF
Space Use Retail
Position -
Available Now

Excellent retail opportunity! This strip center is strategically located on Deo Drive which connects N 21st Street the main shopping corridor to SR-13. Continuous road frontage, highly visible and great building and road signage available. Within close proximity to several national brand box stores and restaurants. Space offers 2,000 SF of space with an open floor plan. Excellent high visibility location along Deo Drive in Newark. Property is within a highly populated area along with several national brand business surrounded by single family and multi-family housing.

273

Size 2,800 SF
Space Use Retail
Position In-Line
Available Now

Excellent retail opportunity! This strip center is strategically located on Deo Drive which connects N 21st Street the main shopping corridor to SR-13. Continuous road frontage, highly visible and great building and road signage available. Within close proximity to several national brand box stores and restaurants. Space offers 2,800 SF with an open floor plan. Located within a highly populated area along with several national brand business surrounded by single family and multi-family housing.

281

Size 2,993 SF
Space Use Retail
Position In-Line
Available Now

Excellent retail opportunity! This strip center is strategically located on Deo Drive which connects N 21st Street the main shopping corridor to SR-13. Continuous road frontage, highly visible and great building and road signage available. Within close proximity to several national brand box stores and restaurants. Space offers 2,993 SF of space with a mix of open floor plan and office space. Excellent high visibility location along Deo Drive in Newark. Property is within a highly populated area along with several national brand business surrounded by single family and multi-family housing.

287

Size 2,183 SF
Space Use Retail
Position -
Available Now

Excellent retail opportunity! This strip center is strategically located on Deo Drive which connects N 21st Street the main shopping corridor to SR-13. Continuous road frontage, highly visible and great building and road signage available. Within close proximity to several national brand box stores and restaurants. Space offers 2,183 SF of space with an open floor plan in the front and office space in the rear of the unit. Excellent high visibility location along Deo Drive in Newark. Property is within a highly populated area along with several national brand business surrounded by single family and multi-family housing.

299

Size 2,000 SF
Space Use Retail
Position In-Line
Available Now

Excellent retail opportunity! This strip center is strategically located on Deo Drive which connects N 21st Street the main shopping corridor to SR-13. Continuous road frontage, highly visible and great building and road signage available. Within close proximity to several national brand box stores and restaurants. Space offers 2,000 SF of space with a mix of open floor plan and private rooms.

305

Size 3,000 SF
Space Use Retail
Position In-Line
Available Now

Excellent retail opportunity! This strip center is strategically located on Deo Drive which connects N 21st Street the main shopping corridor to SR-13. Continuous road frontage, highly visible and great building and road signage available. Within close proximity to several national brand box stores and restaurants. Offering 3,000 SF of open retail space with building signage available.

NEARBY MAJOR RETAILERS

Fifth Third Bank
Bob Evans Restaurants
Roosters
Woodforest National Bank
Planet Fitness
Park National Bank
Huntington National Bank
Peoples Bancorp, Inc.
Chase Bank
Steak ‘n Shake

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
054-270264-05.000
Land Assessment
$636,720
Improvements Assessment
$979,760
Total Assessment
$1,616,480
  • Listing ID: 38226626

  • Date on Market: 10/27/2025

  • Last Updated:

  • Address: 238-244 Deo Dr, Newark, OH 43055

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