7242 Old Liberty Road, Powell, OH 43065

$1,100,000
Property Type: Industrial Lot Size (sq. ft.): 83,200 Status: Closed
Current Price: $1,100,000 List Date: 4/11/2025 Last Modified: 12/06/2025

Overview

Description

Exceptional 1.9-acre industrial parcel located at 7242 Old Liberty Road in Powell, Ohio—an increasingly rare opportunity in one of Central Ohio's most dynamic growth corridors. Surrounded by dense residential neighborhoods and supported by over $200 million in new institutional and retail development, this infill site offers unmatched positioning for forward-looking investors and developers. Strategically situated just east of the $183 million Ohio State University Wexner Medical Center currently under construction and minutes from the upcoming 123,000-square-foot Kroger Marketplace, this site benefits from sustained regional investment and a rapidly expanding consumer and workforce base. The immediate area is characterized by high-income demographics, strong housing demand, and a blend of single-family homes, townhomes, and multi-family developments—all of which drive long-term support for commercial and light industrial uses. Zoned for industrial use, the property allows for a wide array of use scenarios, including flex industrial, logistics, light manufacturing, or even a potential rezoning for other approved uses, subject to approval. The site offers direct access to Old Liberty Road with excellent connectivity to Sawmill Parkway and Home Road, major arterials experiencing growing traffic volumes fueled by commercial expansion and residential growth. With very limited industrial land supply in the Powell area, this parcel presents a compelling opportunity for users, developers, and investors seeking scalable potential in a high-demand submarket. Do not disturb tenant.

Listing Details MLS# 225011796

Location Property Info

Original List Price
1200000
Property Sub Type
Mixed Use
Street #
7242
Street Name
Old Liberty
Street Suffix
Road
County
Delaware
State
OH
Zip Code
43065
Township
Liberty

OfficeContract Info

MLS Entry Date
2025-04-11

General Property Info

Office Sq Ft
3672
Max Cont Sqft Avail
3672
Minimum Sqft Avail
3672
# of Floors Above Gr
Yes
Year Built
1993
Acreage
1.91
# of Docks
0

Tax Info

Parcel #
319-240-01-003-000
Zoning
Industrial
Tax Year
2024
Tax Abatement
No
Taxes (Yrly)
6632

Status Change Info

Under Contract Date
2025-10-16
Sold Date
2025-12-03
Sold Price/SqFt
299.56

Auction Info

Auction/Online Bidding Y/N
No

More Information

Location & Property Info

List Price/SqFt
299.56
City (Mailing Addr)
Powell
Corp LimitPerAuditor
None

Office/Contract Info

For Sale
Yes
Exchange
Yes
For Lease
No
Lease Rate $/Sq Ft
0

Remarks & Misc

Property Description
Exceptional 1.9-acre industrial parcel located at 7242 Old Liberty Road in Powell, Ohio—an increasingly rare opportunity in one of Central Ohio's most dynamic growth corridors. Surrounded by dense residential neighborhoods and supported by over $200 million in new institutional and retail development, this infill site offers unmatched positioning for forward-looking investors and developers. Strategically situated just east of the $183 million Ohio State University Wexner Medical Center currently under construction and minutes from the upcoming 123,000-square-foot Kroger Marketplace, this site benefits from sustained regional investment and a rapidly expanding consumer and workforce base. The immediate area is characterized by high-income demographics, strong housing demand, and a blend of single-family homes, townhomes, and multi-family developments—all of which drive long-term support for commercial and light industrial uses. Zoned for industrial use, the property allows for a wide array of use scenarios, including flex industrial, logistics, light manufacturing, or even a potential rezoning for other approved uses, subject to approval. The site offers direct access to Old Liberty Road with excellent connectivity to Sawmill Parkway and Home Road, major arterials experiencing growing traffic volumes fueled by commercial expansion and residential growth. With very limited industrial land supply in the Powell area, this parcel presents a compelling opportunity for users, developers, and investors seeking scalable potential in a high-demand submarket. Do not disturb tenant.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

T Reimburses L

Curr Yr Est $/SF TRL
0

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided
Listing Office: Parker Realty Associates
Listing Agent: Steven Osborn
Last Updated: December - 06 - 2025
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