380-556 Hill Rd, Pickerington, OH 43147
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.