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    3440 Powell Rd Lewis Center, OH 43035

    Sponsored
    For Sale
    $398,000

    Build Your Dream Home - 151K+ SF Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 151,153.2 square foot land parcel presents a unique opportunity in Lewis Center, Ohio. Located at 3440 E Powell Road, zip code 43035, this property offers a secluded yet convenient location, just minutes from major freeways and shopping amenities. Previously occupied by a house demolished around 2016, the site is believed to have existing water and sewer infrastructure at the former home's location. The seller is covering the sewer cap fee, significantly reducing buyer costs. Electric service is also available at the old home site, while natural gas is accessible at the road's end. Currently zoned FR1, this lot is ideally suited for new construction. Buyers will appreciate the peaceful, private setting while enjoying easy access to urban conveniences. The expansive lot size provides ample space for a substantial home and potential landscaping. This is a rare chance to acquire a build-ready lot in a desirable location

    Property Features for 3440 Powell Rd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewis Center
    County
    Delaware
    State
    Ohio
    Longitude
    -82.9633248
    Latitude
    40.1522142

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    FAQs

    What type of property is this?
    Land - Build Your Dream Home - 151K+ SF Lot
    Where is this land located?
    The property is located at 3440 Powell Rd Lewis Center, OH.
    What is the asking price?
    The asking price for this property is $398,000.
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    3440 Powell Rd Lewis Center, OH 43035
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    Lewis Center, OH 43035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3440 Powell Rd Lewis Center, OH 43035
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