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    OFF-MARKET
    Neighborhood centers

    380-556 Hill Rd, Pickerington, OH 43147

    40,987 SF Built 1988
    Property ID
    Property summary
    AI-generated overview

    This exceptional 40,987 square foot retail strip center, situated on a 5-acre lot in Pickerington, Ohio, presents a compelling investment opportunity. Located at 380-556 Hill Road North, this well-maintained property boasts a prime location just one mile south of Refugee Road, benefiting from high visibility and accessibility. The center features multiple units of varying sizes, with 4,236 square feet currently available for lease. Three individual spaces are immediately available, totaling 1,412 square feet. Built in 1988, the property is zoned C4 and offers ample parking for customers and tenants. The strategic location at a signalized intersection ensures high traffic exposure, with documented traffic counts reaching 24,605 vehicles per day. This presents a unique chance to acquire a well-established retail center in a thriving community, offering attractive lease rates and significant potential for growth. The property's size and configuration provide flexibility for a variety of retail uses, making it an ideal investment for both seasoned and emerging investors. The Fairfield County location offers a strong demographic profile and a robust local economy. This is a rare opportunity to secure a well-positioned retail property in a high-traffic area with significant upside potential. The property's existing infrastructure and ample parking further enhance its appeal.

    Property profile
    Verified
    Property type Neighborhood centers
    Year built 1988
    Total area 40,987 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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