3296 Home Road, Powell, OH 43065

$1,200,000
Property Type: Land/Farm Lot Size (sq. ft.): 30,492 Status: Pending
Current Price: $1,200,000 List Date: 11/04/2025 Last Modified: 12/15/2025

Overview

Description

Prime redevelopment opportunity on Home Road is just east of Sawmill Parkway in Powell. This property is adjacent to the new OSU Wexner Medical Center Complex and across the street from the new Kroger. Property Overview: - High Impact Exposure - The property is adjacent to the OSU Medical Campus/Medical Center access and is across the street from the new Kroger Marketplace access. This will be a future signalized intersection. - Built-in demand for services & retail - The new OSU Medical Campus will draw daily visitors, patients, and staff needing dining, medical support, and convenience retail nearby (opens 2026). - Kroger Marketplace traffic driver - The new 123,000 SF Kroger Marketplace ensures steady consumer flow and consistent visibility for neighboring parcels. - Proximity to Olentangy Liberty High School - Located .5 miles from one of the region's top-rated high schools, with over 1,800 students, the site benefits from strong weekday traffic, after-school activity, and community events that boost retail and service demand. - Synergy between education, healthcare, and commerce - The convergence of institutional anchors (schools + medical) creates a unique ecosystem of daily use and recurring local traffic. - High visibility and traffic counts - Thousands of vehicles per day with full signal access give this site unmatched exposure (Sawmill Parkway: 16,000+ AADT; Home Road: 13,000+ AADT) The intersection of Home Road and Sawmill Parkway in Powell, Ohio, is emerging as one of Delaware County's most dynamic growth corridors - blending new medical, retail, and residential investment with strong demographics and infrastructure upgrades. Surrounded by affluent households, high-income professionals, and expanding commuter patterns, this area offers unmatched potential for commercial development, medical support services, and destination retail.

Listing Details MLS# 225041738

Location Property Info

Original List Price
800000
Property Sub Type
Development
Street #
3296
Street Name
Home
Street Suffix
Road
County
Delaware
State
OH
Zip Code
43065
School District
OLENTANGY LSD 2104 DEL CO.
Township
Liberty

OfficeContract Info

MLS Entry Date
2025-11-04

General Property Info

Acreage
0.7
Residential Dwelling/Other Structure Y/N
Yes
# of Dwellings
Yes
# of Buildings
2
Building Sq Ft
1516
Year Built
1956
Built Prior to 1978
Yes

Tax Info

Parcel #
319-240-01-025-000
Zoning
FR-1
Multiple Parcels
No
Tax Year
2024
Tax Abatement
No
Taxes (Yrly)
4717
Tax Incentive
No

Status Change Info

Under Contract Date
2025-12-12

Auction Info

Auction/Online Bidding Y/N
No

More Information

Location & Property Info

List Price/Acre
1714285.71
City (Mailing Addr)
Powell
Corp LimitPerAuditor
None

Office/Contract Info

For Sale
Yes
Price Per Acre
1142857
For Exchange
No
For Lease
No

Remarks & Misc

Property Description
Prime redevelopment opportunity on Home Road is just east of Sawmill Parkway in Powell. This property is adjacent to the new OSU Wexner Medical Center Complex and across the street from the new Kroger. Property Overview: - High Impact Exposure - The property is adjacent to the OSU Medical Campus/Medical Center access and is across the street from the new Kroger Marketplace access. This will be a future signalized intersection. - Built-in demand for services & retail - The new OSU Medical Campus will draw daily visitors, patients, and staff needing dining, medical support, and convenience retail nearby (opens 2026). - Kroger Marketplace traffic driver - The new 123,000 SF Kroger Marketplace ensures steady consumer flow and consistent visibility for neighboring parcels. - Proximity to Olentangy Liberty High School - Located .5 miles from one of the region's top-rated high schools, with over 1,800 students, the site benefits from strong weekday traffic, after-school activity, and community events that boost retail and service demand. - Synergy between education, healthcare, and commerce - The convergence of institutional anchors (schools + medical) creates a unique ecosystem of daily use and recurring local traffic. - High visibility and traffic counts - Thousands of vehicles per day with full signal access give this site unmatched exposure (Sawmill Parkway: 16,000+ AADT; Home Road: 13,000+ AADT) The intersection of Home Road and Sawmill Parkway in Powell, Ohio, is emerging as one of Delaware County's most dynamic growth corridors - blending new medical, retail, and residential investment with strong demographics and infrastructure upgrades. Surrounded by affluent households, high-income professionals, and expanding commuter patterns, this area offers unmatched potential for commercial development, medical support services, and destination retail.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided
Listing Office: The Westwood Real Estate Co.
Listing Agent: Douglas D Smith
Last Updated: December - 15 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.