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238-244 Deo Dr
Newark, OH 43055
Retail Property For Sale


EXECUTIVE SUMMARY
Indian Valley Plaza presents an outstanding investment or owner-user opportunity in the heart of Newark’s thriving retail corridor. This established retail center comprises 17 individual units within a well-maintained strip plaza, offering flexible tenancy options and steady income potential. The property encompasses approximately 5.5± acres (contingent on lot split), with an additional 0.7± acre outlot available for separate negotiation—ideal for future development or expansion.
The plaza features a recently re-sealed parking lot and a layout designed for excellent accessibility and visibility. With strong tenant mix potential and financials available upon execution of a signed NDA, Indian Valley Plaza is well-suited for investors seeking stable returns or for a retail user looking to occupy space while benefiting from rental income.
Prime, high-visibility location along Deo Drive in Newark, Ohio. This property is positioned within a densely populated area surrounded by established single-family and multi-family neighborhoods. The site benefits from strong traffic counts and proximity to numerous national retailers, restaurants, and service-based businesses, offering exceptional exposure and accessibility for future development or tenants.
The plaza features a recently re-sealed parking lot and a layout designed for excellent accessibility and visibility. With strong tenant mix potential and financials available upon execution of a signed NDA, Indian Valley Plaza is well-suited for investors seeking stable returns or for a retail user looking to occupy space while benefiting from rental income.
Prime, high-visibility location along Deo Drive in Newark, Ohio. This property is positioned within a densely populated area surrounded by established single-family and multi-family neighborhoods. The site benefits from strong traffic counts and proximity to numerous national retailers, restaurants, and service-based businesses, offering exceptional exposure and accessibility for future development or tenants.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
42,101 SF
Building Class
B
Year Built/Renovated
1979/1990
Price
$3,782,955 CAD
Price Per SF
$89.85 CAD
Tenancy
Multiple
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.18
Lot Size
5.52 AC
Zoning
GB - General Intensity Business District
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 054-270264-05.000 | Improvements Assessment | $1,356,478 CAD |
| Land Assessment | $881,539 CAD | Total Assessment | $2,238,017 CAD |
PROPERTY TAXES
Parcel Number
054-270264-05.000
Land Assessment
$881,539 CAD
Improvements Assessment
$1,356,478 CAD
Total Assessment
$2,238,017 CAD
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