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New Shopping Center
For Sale
$2,750,000

9510 Jacksontown Road, Thornville, OH 43076

Office, Thornville, OH

Property Size7,500 SF
Lot Size2.00 Acres
Price / SF$366.67
Days on Market629

Property Features for 9510 Jacksontown Road

General Information

Property type Residential
Property subtype Office
Property condition Under Construction
Zoning description commercial
Parking 45
Subdivision Shoppes of Jacksontown
Standard status Active
APN 041-119970-00.007
Size 7,500 SF
Lot size 2.00 Acres

Additional Details

Tenant in Place Yes

Utilities

Utilities Water Available
Heating system Forced Air
Water source Public

Building Details

Year built 2025
Floors in Building 1
Listing Agency: Plum Tree Realty
Listed By: Jeffrey A Headley
Added: Feb 5, 2025 Changed: Oct 27 Last Checked: Oct 27 at 12:06PM
MLS# 225003535

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 7,500-square-foot shopping center is under construction on approximately 2 acres and is scheduled for completion in 2025. The property is planned with forced-air heating, public water service, and a 50-year roof guarantee. Current occupancy is reported as fully leased.

The center is positioned on State Route 13 at Interstate 70 in Thornville, Ohio. Its address is 9510 Jacksontown Road, and the property is located in Licking County. The site combines a retail-oriented building with direct placement along two identified transportation routes.

Key Highlights

  • 7,500 square feet of retail space
  • Approximately 2 acres
  • Under construction with 2025 year built

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$87,142
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,742,840 $1.7M
Cap Rate 7%
$1,244,886 $1.2M
Cap Rate 9%
$968,244 $968.2K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$163.8K $21.84/SF
− Vacancy
−$39.3K −$5.24/SF
EGI
$124.5K $16.60/SF
− OpEx
−$37.3K −$4.98/SF
NOI
$87.1K $11.62/SF
Area
Perry County, OH
Vacancy
24.00%
Lease Rate
$21.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,742,840
Cap Rate 7%
$1,244,886
Cap Rate 9%
$968,244

Alternative Uses

Best Use
Retail
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $87,142 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,815 @ 7.0% cap · market cap 3.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Plumbing Service Parking Lot & Garage Kitchen & Bath Showroom Real Estate Agency Auto Repair Shop

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby
Well-served
Demand for This Use

Demographics for 43076, OH

9,145
Population
4,078
Households
2.2
Avg Household Size
46
Median Age
28%
College-Educated
93%
High-School Grad
65.2 sq mi
ZIP Area
140
Density / Sq Mi
$84,051
Median Household Income
$53,624
Median Earnings
$892
Median Rent
$274,700
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

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center under construction with public water service and forced-air heating.
Where is this shopping center located?
The property is located at 9510 Jacksontown Road Thornville, 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: 7,500 square feet of retail space; Approximately 2 acres; Under construction with 2025 year built
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