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Strip Mall with 17 Retail Units
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238-305 Deo Dr, Newark, OH 43055

Well-maintained strip plaza at 238–305 Deo Dr includes 17 individual retail units and a recently re-sealed parking lot.

Property Size42,101 SF
Lot Size5.50 Acres
Price / SF$65.32
Days on Market236

Property Features for 238-305 Deo Dr

General Information

Standard status Active
Size 42,101 SF
Lot size 5.50 Acres
Property subtype RETAIL

Building Details

Tenancy Multi
Listing Agency: SHAI-Hess Commercial Real Estate
Listed By: Brandon Hess
Source: Moodyscre
Added: Jan 21 Changed: Aug 16 Last Checked: Sep 13 at 6:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SHAI-Hess Commercial Real Estate

Investment Insights

Based on property information with market context.

Indian Valley Plaza is an established strip plaza offering an owner-user or investment opportunity with 17 individual retail units. The property is positioned as a well-maintained, flexible tenancy environment within a unified retail center, with financials available upon execution of a signed NDA.

The site includes recently re-sealed parking and a layout designed for accessibility and visibility. In addition to the main property footprint, there is an extra 0.7± acre outlot available for separate negotiation, which may support future development or expansion.

Interested parties can review the current unit configuration on-site and discuss leasing and occupancy options with the listing team.

Key Highlights

  • Well‑maintained strip plaza at 238–305 Deo Dr with 17 individual retail units
  • Recently re‑sealed parking lot
  • Approximately 5.5± acres total (contingent on lot split) for the plaza site

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Hair Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby
Balanced
Demand for This Use

Demographics for 43055, OH

62,590
Population
27,046
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
112.7 sq mi
ZIP Area
555
Density / Sq Mi
$61,807
Median Household Income
$39,412
Median Earnings
$920
Median Rent
$185,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Well-maintained strip plaza at 238–305 Deo Dr includes 17 individual retail units and a recently re-sealed parking lot.
Where is this shopping center located?
The property is located at 238-305 Deo Dr Newark, OH.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Well‑maintained strip plaza at 238–305 Deo Dr with 17 individual retail units; Recently re‑sealed parking lot; Approximately 5.5± acres total (contingent on lot split) for the plaza site
(740) 587-7441 Call to check price and availability
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