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Property profile & analytics
FOR LEASE
Office buildings
171 Green Meadows Dr South, Lewis Center, OH 43035
Entity Owned
Free & Clear
Property ID
US66-1466189
For Lease
1 / 19
$14 SF/Yr
171 Green Meadows Dr South, Lewis Center, OH 43035
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
7,966 SF
Lot
0.96 ac (41,730 SF)
APN
318-342-03-011-001
UPID
US66-1466189
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$930k
Owner & transaction history
Y&l Commercial Buildings LLC
Y&l Commercial Buildings LLC
since 2025
Last sale
$907,700
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+50.7%
Auto repair, garage
$1.2M
+34.3%
Warehouse, storage
$1.0M
+15.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lewis Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lewis Center submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$880,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$870,000
Current use
MEDICAL BUILDING
$1,310,000
Change: +51% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,170,000
Change: +34% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,000,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$920,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $908k (Dec 17 2025)
Last sale anchor
$908k
Dec 17 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$117 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$26,854
Tax year 2023
Assessed value
$340,840
Assessed 2023
Previous assessed
$340,840
+0.0% YoY
Effective rate
7.88%
On assessed value
Assessed land
$43,580
Assessed improvement
$297,260
Land market value
$124,500
Improvement market value
$849,300
Total market value
$973,800
Applied tax rate
27.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1998
Heating
YES
Cooling
YES
Stories
2
Total area
7,966 SF
Lot
0.96 ac (41,730 SF)
APN
318-342-03-011-001
UPID
US66-1466189
Jurisdiction
DELAWARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$870,000
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$920,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
YES
Cooling
Yes
Stories
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
Y&l Commercial Buildings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
171 GRN MDWS DR S, LEWIS CENTER, OH 43035-9458
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2025
$907,700
Y&l Commercial Buildings LLC
17 Green Meadows Reo LLC
Deed
—
Aug 15, 2025
$651,000
171 Green Meadows Reo LLC
171 Green Meadows LLC
Deed
related
—
Apr 14, 2022
—
171 Green Meadows LLC
—
Deed
related
$275,000 · Q&m Nvestments LLC
Mar 31, 2022
$1,050,000
171 Green Meadows LLC
Lakhi Group INC
Limited Warranty Deed
$735,000 · Stronghill Capital LLC
Dec 2, 2004
$590,000
Lakhi Group INC
Buck,michael R
Warranty Deed
—
Aug 30, 2004
$700,000
Michael R Buck
Seeley,linda L
Warranty Deed
—
—
—
Michael R Buck
—
Deed Of Trust
related
$690,000 · Linda L Seeley
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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