Current Use by Public Records
- Lifestyle centers
Property Details for 4025 National Rd
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional retail development opportunity in Springfield, Ohio, presents 37+/- divisible acres ideally situated for a big box shopping center. The property boasts two new signalized intersections and prominent pylon signage, ensuring high visibility and accessibility. Its strategic location offers unparalleled convenience, with close proximity to Interstate 70, Walmart, NextEdge Research & Technology Park, and PrimeOhio Corporate Park. High traffic counts are a key advantage, with SR 40 & Bird Rd registering 18,000 vehicles per day (VPD) and I-70 boasting 145,000 VPD. The site benefits significantly from its proximity to a thriving residential community. Over 1,200 residential units are located directly behind the property, including 708 homes already built by Fischer Homes and Arbor Homes. With an anticipated sales volume exceeding 100 homes annually starting in 2025, and new home prices ranging from $350,000 to $750,000, this development offers a robust and growing customer base. This presents a unique chance to capitalize on a prime location with exceptional visibility and access to a substantial and expanding residential market. The property is zoned for grocery stores, restaurants, and shopping centers, providing flexibility for a variety of retail uses.
Value Estimations
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Clark
- State
- Ohio
- Longitude
- -83.7287
- Latitude
- 39.9217
