Individually Owned Property summary
This exceptional mixed-use property at 1550 Lewis Center Road, Lewis Center, OH 43035, presents a compelling investment opportunity. The 7,325 square foot building, constructed in 1850 with significant renovations in 1998, 1999, 2020, and 2023, sits on a 0.4-acre lot boasting 150 feet of frontage on Lewis Center Road. Currently housing nine tenants across eleven units, the property enjoys a 90% occupancy rate, generating a net operating income (NOI) of $82,807. Pro forma NOI is projected at… $118,428, reflecting a pro forma cap rate of 8.94%. The asking price is $1,325,000, representing a current cap rate of 6.25%. The property features 30 parking spaces and is zoned for dwelling use as retail. A 1,200 square foot vacant space on the second floor, previously used as an office, includes a kitchen, utility room, and full bathroom, offering immediate potential for increased revenue or owner-occupancy. The property benefits from a large, recently added gravel sitting area. Significant development is underway in the surrounding area, including the Evans Farm community and Jennings Sports Park, along with road improvements, promising continued growth and increased property value. Delaware County's robust economic growth and high median household income further enhance this investment's appeal. This Class B, multi-tenant property offers a blend of retail and office space, making it an ideal investment for both seasoned and emerging investors.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 7,325 SF
- Lot area
- 0.4 ac
- Year built
- 1850
- Stories
- 2
- APN
- 318-213-07-002-000
- Assessed value · 2023
- $91,390
- Annual tax · 2023
- $7,052
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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