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7242 Liberty Rd 3,672 SF Industrial Building Powell, OH 43065 $1,100,000 ($299.56/SF)
INVESTMENT HIGHLIGHTS
- Prime growth corridor: Just minutes from OSU’s $183M Outpatient Care campus and the new 123,000 SF Kroger Marketplace.
- Excellent accessibility: High-traffic corridor with close proximity to Sawmill Parkway and Home Road, offering strong connectivity and exposure.
- Rare industrial zoning: 1.9-acre site with flexible industrial zoning amidst a predominantly residential and mixed-use environment.
EXECUTIVE SUMMARY
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.
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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.
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.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS Under Contract
AMENITIES
- Fenced Lot
- Signage
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PROPERTY TAXES
| Parcel Number | 319-240-01-003-000 | Improvements Assessment | $45,050 |
| Land Assessment | $45,990 | Total Assessment | $91,040 |
PROPERTY TAXES
Parcel Number
319-240-01-003-000
Land Assessment
$45,990
Improvements Assessment
$45,050
Total Assessment
$91,040
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7242 Liberty Rd
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