Property profile

7581 Woodcutter Dr Powell, OH 43065

OFF-MARKET
Commercial land
Property ID
US66-4414130
1.86 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1.861-acre commercial land parcel, located at 7581 Woodcutter Dr in Powell, Ohio (APN: 319-240-01-011-007), presents a unique investment opportunity. Priced at $895,000 ($480,925/acre), this property boasts a highly desirable location, offering excellent visibility and accessibility. Its strategic placement across the street from a future Kroger development and in close proximity to a future Ohio State University hospital promises significant future growth and increased property value. The high traffic counts along Sawmill Parkway and Home Road ensure substantial exposure for any commercial venture. Currently zoned as Planned Commercial District, this versatile land is ideal for a variety of uses, including restaurants, daycare centers, dental practices, and other retail or healthcare businesses. This is a rare chance to acquire a prime commercial lot in a rapidly developing area of Delaware County, Ohio, with a 43065 zip code. The property's location offers easy access to major roadways and a thriving community, making it an attractive proposition for both investors and developers seeking a strong return on investment. Don't miss this opportunity to secure a piece of Powell's burgeoning commercial landscape.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.86 ac (81,065 SF)
APN 319-240-01-011-007
UPID US66-4414130

Cap rate & NOI

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

Location

7581 Woodcutter Dr Powell, OH 43065-6901
Powell metro Census 12100 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2020
Last sale
$260,000
2 recorded transactions
2020
$260,000
2018
$250,000

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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