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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

17 Schrock Rd Westerville, OH 43081

2,693 SF 0.4 ac lot Built 1981
Property ID
Property summary
AI-generated overview

This exceptional freestanding storefront building presents a unique owner-user or redevelopment opportunity. Located at 17 W Schrock Rd, Westerville, OH 43081, this 2,693 square foot property sits on a 0.4-acre lot and boasts a prime location at the corner of South State Street and West Schrock Road, an intersection with over 53,000 combined vehicles daily. Built in 1981 and renovated in 2001, the single-story building offers convenient drive-thru access and prominent monument signage on both streets. The property benefits from its position in a densely populated trade area within the Columbus MSA, with over 247,636 residents within a 5-mile radius, projected to grow by nearly 4% by 2027. The average household income within this 5-mile radius exceeds $98,000. This retail corridor location is anchored by a Kroger Marketplace and Walmart, with other notable neighbors including McDonald's, Burger King, Starbucks, and Petco. The property is conveniently located within a 20-minute drive of downtown Columbus and John Glenn International Airport, capitalizing on the city's rapid growth. The asking price is $875,000, translating to $324.92 per square foot. Currently vacant, this property offers significant potential for a variety of retail uses.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1981
Total area 2,693 SF
Lot 0.4 ac (17,424 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
Current use
Occupant on record · Public records
  • 1STOP CD Duplication Columbus (Bike/Boat/Book/etc) Store Corporate Office
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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