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    2825 Progress Way Wilmington, OH 45177-7710
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    Property profile & analytics

    2825 Progress Way Wilmington, OH 45177-7710


    • Outlet malls
    • 201,738 SF
    • 24.07 lot acres
    Off-Market
    Last Sale Mar 22, 2021
    Property ID
    US66-3526882
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $12,640,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Primo Water Refill & Exchange / Big Box & Wholesale Store
    • Western Union / Bank / Credit Union
    • Megan Sargent / Pharmacy
    • Guobin Jiang / Pharmacy
    • Quick-Tag / (Bike/Boat/Book/etc) Store / Pet Store & Service

    Property Details for 2825 Progress Way

    Year built
    2002
    Lot size
    24.07 lot acres
    Property size
    201,738 SF
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    290-18-05-01-0000-00
    APU
    290180501000000

    Description

    Wilmington Square I offers a unique investment opportunity in Clinton County. This mixed-use retail center boasts a total of 220,822 square feet, situated on 24.13 acres of land. The property, built in 2003, is a single-story building featuring a powerful mix of national and local tenants. A significant anchor tenant, a 203,622 square foot Wal-Mart Super Center, drives substantial foot traffic to the center. Additional national tenants include Maurice's, GameStop, Subway, and LA Tan, occupying a combined 17,200 square feet of prime retail space. A separate 10,700 square foot outparcel building houses several service and restaurant businesses. Currently, there is 5,200 square feet of vacant space available, including one 1,700 square foot unit, presenting an excellent opportunity for expansion or new tenancy. The strategic location at the corner of State Route 73 and US Routes 22/3 ensures high visibility and accessibility, making Wilmington Square I the dominant retail destination in Clinton County. This property offers a compelling combination of established tenants, high traffic volume, and significant growth potential. The available space presents a chance to capitalize on the strong existing tenant mix and the overall success of this well-established retail center.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,366,000
      Market price range: $5.77M - $24.2M
      AI Estimate
      $13,917,000
      Market price range: $7.79M - $30.3M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $16,115,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $13,915,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    Clinton
    State
    Ohio
    Longitude
    -83.7793
    Latitude
    39.4529
    CBSA code
    48940
    CBSA name
    WILMINGTON, OH MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $106,149
    $739,520
    $1,806,530
    $2,546,050
    -
    $2,112,900
    $5,161,500
    $7,274,400
    More about this property
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