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Property profile & analytics
OFF-MARKET
Retail space

173 Olentangy St Powell, OH 43065-8718

1,440 SF 1.25 ac lot Built 1910
Entity Owned Free & Clear
Property ID
US66-6205722
Property summary
AI-generated overview

Exceptional redevelopment opportunity in Powell, Ohio's vibrant Downtown Business District. This 1.248-acre lot, featuring a 1,501 square foot existing building constructed in 1910, boasts a prime location on W Olentangy Street, experiencing high daily traffic volume of 14,550 cars. The DB zoning allows for diverse uses, including multi-family residential, retail, daycare, or medical office space. The property's strategic location offers easy access to Downtown Powell, Wedgewood Golf & Country Club, Safari Golf Club, and the Columbus Zoo & Aquarium. Surrounding properties include a mix of residential, retail, office, and industrial uses, creating a dynamic and thriving neighborhood. The two-story building sits on a sizable lot, presenting a significant land value of $681,089.74 per acre. This property presents a unique chance to capitalize on Powell's growth and create a valuable asset in a highly desirable location. The asking price is $850,000. APN: 319-432-02-003-000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Total area 1,440 SF
Lot 1.25 ac (54,363 SF)
APN 319-432-02-003-000
UPID US66-6205722
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
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
147 173 Powell Development LLC
147 173 Powell Development LLC
since 2025
6 recorded transactions
2025
Price N/A
2025
$825,000
2022
$700,000
2022
Price N/A
2007
$275,000
2006
$180,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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