3474 Sawmill DrPowell, OH 43065

  • Individual retail properties
  • 33,711 SF

Property Details for 3474 Sawmill Dr

Year built
2007
Lot size
5.08 AC
Property size (Sq ft)
33,711 SF
Property type
Individual retail properties
APN
319-314-01-023-003
APU
31931401023003

Description

This exceptional freestanding health club offers 53,206 square feet of space on a 5.076-acre lot in the thriving Powell, Ohio market. Located at 3474 Sawmill Dr, this two-story building enjoys high visibility and accessibility, situated adjacent to Seldom Seen Road and easily reached from the busy Sawmill Drive, which sees a combined 46,709 vehicles daily. The property is in Delaware County, a rapidly expanding area within the Columbus MSA, boasting a population of 214,124 and experiencing 22.9% growth over the past decade. This prime location benefits from strong demographics and proximity to major retailers such as Target, Aldi, CVS, Walmart, and numerous restaurants. The entire building is available for lease, presenting a unique opportunity for a fitness-focused business to establish itself in a high-growth market. The property's single-tenant occupancy and substantial size make it an attractive option for a variety of health and wellness concepts. The address is 3474 Sawmill Dr, Powell, OH 43065.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,116,778
    6.5%
    $7,492,411
    7%
    $6,957,238
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,946,384
    Geo Method
    $7,946,384
  • Alternative Use

    Use
    Valuation
    Residential
    $6,320,129
    Hospitality
    $5,789,204
    Educational
    $4,816,550
    Medical
    $4,982,198
    Retail
    $7,492,411

Location Insight

City
Powell
County
Delaware
State
Ohio
Latitude
40.1691
Longitude
-83.0877
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN 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
$156,519
$532,980
$1,586,660
$2,119,640
-
$1,522,800
$4,533,300
$6,056,100

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