Property summary
This exceptional 238,839 square foot shopping center in St. Marys, Ohio presents a compelling value-add investment opportunity. Boasting 85% occupancy and a strong NOI of $965,101, the property features 30 units across a single-story building, recently renovated in 2021 with a new facade, roof, paint, EFIS, parking lot striping, and lighting. The 29.7-acre lot includes 910 parking spaces (3.79 per 1,000 sq ft GLA), shared with established businesses like McDonald's, Shell, and Beer Barrel… Pizza. Situated at the high-traffic intersection of US-33 and State Route 29, this corner lot benefits from a dedicated turn lane and pylon signage. Tenants include Hobby Lobby, Tractor Supply, and others, with a future grocery store and Ollie's Bargain Outlet slated to open in Q1 2025. The property is located near Grand Lake St. Marys State Park, Wright State Lake Campus, and numerous other businesses and employers, serving a population with an average household income of $98,403 within 6 miles. The property is zoned C and offers a triple-net (NNN) lease structure. The asking price is $18,500,000 ($77.46/sq ft). This prime location, coupled with recent renovations and strong tenant occupancy, makes this a highly attractive investment. The property also benefits from a 10-year property tax exemption for new construction in the St. Marys Community Reinvestment Area. Individual tenant HVAC systems provide added control and efficiency. The property's prime location and strong tenant mix offer significant upside potential. This fee-simple ownership opportunity is a rare find in this thriving market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 9 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 238,839 SF
- Lot area
- 29.71 ac
- Year built
- 1990
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
- Local Zoning Insight
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