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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5065 Forest Dr New Albany, OH 43054

15,116 SF Built 2024
Property ID
Property summary
AI-generated overview

This exceptional 15,116 square foot retail property, built in 2024, is ideally situated at 5065 Forest Dr, New Albany, OH 43054, near the intersection of Johnstown Rd and Smiths Mill Rd. The single-story building offers multiple tenancy options, with four available spaces ranging from 2,101 to 7,212 square feet. The property is zoned COM and boasts a prime location in the rapidly expanding New Albany submarket, benefiting from the proximity to major developments. Within a 5-mile radius are significant projects including the Intel development, a Google data center (over 178,000 square feet), a Holiday Inn Express (over 60,000 square feet), and an Amazon data center (over 1.25 million square feet). This strategic location, coupled with the ongoing residential growth in the area, presents a compelling investment opportunity in a thriving commercial corridor. The property's Franklin County location (APN 222-000347) and convenient access to SR161 and the US62 interchange ensure high visibility and accessibility for businesses. This is a rare chance to secure retail space in one of Ohio's fastest-growing areas.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 15,116 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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