Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space Near Planned Residences Title is generated by Realmo AI

    Weldon Rd, Plain City, OH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail opportunity near Costco, Aldi, and planned residential developments.

    Type:RETAIL
    Property size:
    40,895 SF
    Lot size:
    34.18 Acres
    Added:
    Aug 4, 2025
    Days on Market:
    291
    Last Refresh:
    Apr 5 at 9:13 pm

    Property Features for Weldon Rd

    General Information

    Standard status
    Active
    Size
    40,895 SF
    Lot size
    34.18 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at Weldon Rd Contact us

    We can help!

    Listing Contact
    Daniel Clark
    Daniel Clark

    Listing agent Daniel Clark

    Listing office Goodman Real Estate

    Listing date Aug 4, 2025

    Source Moodyscre

    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 Goodman Real Estate

    HighLights

    • New shopping center coming in 1st quarter 2027, adjacent to Costco, ALDI, T.J. Maxx, HomeGoods, and PetSmart.
    • Over 4,000 new residences in planning and under construction within 3 miles.
    • Less than ¼ mile from SportsOhio, Columbus State Community College, and Ohio University Heritage College of Osteopathic Medicine.
    • Anchor positions available.
    • Junior Anchor positions available.
    • Negotiating

    Overview

    This retail property, with available anchor and junior anchor positions, is part of a new shopping center scheduled to open in the first quarter of 2027. The center will be located adjacent to Costco, ALDI, T.J. Maxx, HomeGoods, and PetSmart. The location is less than a quarter of a mile from the 100-acre SportsOhio sports complex, Columbus State Community College’s Dublin Campus, and Ohio University Heritage College of Osteopathic Medicine. Over 4,000 new single and multifamily residences are in planning and under construction within approximately 3 miles of the site. The property offers a total size of 40895 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    • Dublin Green Shopping Center — 7300 OH-161, Plain City, OH 43064

    Map

    City
    Plain City
    County
    Madison
    State
    Ohio
    Longitude
    -83.196
    Latitude
    40.1122

    Nearby Similar for Lease

    • $24 SF/Yr
      40,000 SF

      Retail Space Available For Lease

      Divisible retail space available 10 months after lease signing.
      7693 Corporate Blvd, Plain City, OH
      View Details
    • Contact for pricing
      3,639 SF

      Plain City Flex/Industrial Space

      Flex/industrial space in rapidly growing Plain City, Ohio.
      142 Church St, Plain City, OH
      View Details
    • Contact for pricing
      14,400 SF

      Industrial Space Available For Lease

      New industrial space for lease, delivery Q1 2026.
      8000 Industrial Pkwy, Plain City, OH
      View Details
    • Contact for pricing

      Industrial Parkway Retail Opportunity

      Retail space available in a high-growth area near Dublin.
      6800 Industrial Parkway, Plain City, OH 43064
      View Details
    • Contact for pricing
      2,677 SF

      Historic Office Space in Plain City

      Restored office space in a historic Plain City building.
      125 W Main St, Plain City, OH 43064
      View Details
    • Contact for pricing
      14,000 SF

      New Industrial Complex Under Construction

      New industrial complex with flexible suite sizes available for rent.
      8300 Warner Road, Plain City, OH 43064
      View Details
    • Contact for pricing
      3,000 SF

      Corporate Blvd Warehouse Space

      Warehouse space near I-270 and I-70.
      7710 Corporate Blvd., Plain City, OH 43064
      View Details
    • Contact for pricing
      21,000 SF

      New Industrial Space Available

      New industrial warehouse space for lease, delivery Q1 2026.
      7685 Commerce Pl, Plain City, OH
      View Details
    • Contact for pricing
      9,000 SF

      Available Warehouse Space in Plain City

      9,000 SF warehouse space with ample parking.
      7637 Commerce Pl, Plain City, OH
      View Details
    • Contact for pricing

      Flex Space in Commercial District

      All-inclusive warehouse, office, and flex space for small businesses.
      7780 Corporate Blvd, Plain City, OH 43064
      View Details
    • Contact for pricing

      Industrial Warehouse Near Route 33

      Warehouse with dock and grade level doors near Route 33.
      8350 Warner Rd, Plain City, OH 43064
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail opportunity near Costco, Aldi, and planned residential developments.
    Where is this shopping center located?
    The property is located at Weldon Rd Plain City, OH.
    What are key features of this property?
    This property features: New shopping center coming in 1st quarter 2027, adjacent to Costco, ALDI, T.J. Maxx, HomeGoods, and PetSmart.; Over 4,000 new residences in planning and under construction within 3 miles.; Less than ¼ mile from SportsOhio, Columbus State Community College, and Ohio University Heritage College of Osteopathic Medicine.
    (216) 470-1397 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Daniel Clark
    Daniel Clark
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Weldon Rd, Plain City, OH
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!