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Office Unit with Private Offices
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9743-9787 Fairway Dr, Powell, OH 43065

Configured for professional use with reception, conference, kitchenette, storage, and two ADA restrooms.

Property Size2,240 SF
Price / SF$285.71
Days on Market50

Property Features for 9743-9787 Fairway Dr

General Information

Standard status Active
Size 2,240 SF
Property subtype OFFICE

Amenities

reception area
seven large private offices
conference room
kitchenette
storage
two ADA restrooms
exterior building signage
Listing Agency: Newmark | Columbus
Listed By: Cory Kooperman
Source: Moodyscre
Added: Aug 19 Changed: Oct 3 Last Checked: Oct 5 at 3:15PM

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 Newmark | Columbus

Investment Insights

Based on property information with market context.

This 2,240-square-foot office unit at 9743-9787 Fairway Dr includes a reception area, seven private offices, a conference room, kitchenette, storage, and two ADA restrooms. The interior has 12-foot ceilings throughout, supporting a spacious professional setting. Direct access from the parking lot and abundant surface parking serve the property.

The building occupies a prominent position at the entrance to Wedgewood Golf & Country Club in Liberty Township. Restaurants, banks, day-care facilities, and shopping are located nearby. Exterior building signage is available, and the property is situated in an area without city income tax.

Key Highlights

  • 2,240‑square‑foot office unit with seven private offices
  • Reception area, conference room, kitchenette, and storage included
  • Two ADA restrooms and 12‑foot ceilings throughout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,579
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,580 $551.6K
Cap Rate 7%
$393,986 $394.0K
Cap Rate 9%
$306,433 $306.4K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$48.4K $21.60/SF
− Vacancy
−$11.6K −$5.18/SF
EGI
$36.8K $16.42/SF
− OpEx
−$9.2K −$4.10/SF
NOI
$27.6K $12.31/SF
Area
Delaware County, OH
Vacancy
24.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,580
Cap Rate 7%
$393,986
Cap Rate 9%
$306,433

Alternative Uses

Best Use
Office B
$394.0K
$344.7K – $459.7K (±1% cap)
NOI $27,579 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$451.5K
$395.0K – $526.7K (±1% cap)
NOI $31,603 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Restaurant Dental Office Real Estate Agency Food Market Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby

Demographics for 43065, OH

44,829
Population
17,468
Households
2.6
Avg Household Size
41
Median Age
68%
College-Educated
98%
High-School Grad
28.1 sq mi
ZIP Area
1,595
Density / Sq Mi
$154,797
Median Household Income
$83,357
Median Earnings
$1,811
Median Rent
$451,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Configured for professional use with reception, conference, kitchenette, storage, and two ADA restrooms.
Where is this office units located?
The property is located at 9743-9787 Fairway Dr Powell, OH.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 2,240‑square‑foot office unit with seven private offices; Reception area, conference room, kitchenette, and storage included; Two ADA restrooms and 12‑foot ceilings throughout
(614) 946-6860 Call to check price and availability
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