Property profile

10726 Sawmill Pkwy Powell, OH 43065

FOR LEASE
Parking lots & garages
Property ID
US66-4429181
6.07 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

The Shoppes at Wedgewood presents a unique opportunity for businesses seeking a prominent location within the thriving Powell, Ohio market. This single-story, 41,446 square foot retail center sits on a 6.073-acre lot and boasts 311 convenient on-site parking spaces. Currently featuring one large suite available, the property offers flexible leasing options ranging from 1,600 to 20,000 square feet, accommodating a variety of business needs. The center is strategically located along a busy shopping corridor, intersecting Bradford Court and N. Hampton Dr, within the Liberty Township Planned Commercial District (City of Powell Zoning). Its prime location benefits from high visibility and significant foot traffic, amplified by its proximity to a major anchor tenant, Target. The property's design includes a potential drive-thru option for an end-cap suite, further enhancing accessibility and customer convenience. This infill site, with APN 31934405010004, represents an exceptional opportunity for businesses to establish a strong presence in a dynamic and rapidly growing retail environment. The property is zoned for commercial use and is part of the Delaware submarket cluster. No elevators are present on the property.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 6.07 ac (264,540 SF)
APN 319-344-05-010-004
UPID US66-4429181

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10726 Sawmill Pkwy Powell, OH 43065
Powell metro Census 11430 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.38M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.41M

Owner & transaction history

since 2023
Last sale
$1.6M
3 recorded transactions
2023
Price N/A
2023
$1.6M
2022
$850,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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