Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Commercial land

    500 Central Ave, Carlisle, OH 45005

    1.91 ac lot
    Entity Owned Free & Clear
    Property ID
    US66-0344960
    Property summary
    AI-generated overview

    This Carlisle, Ohio retail center, built in 1995 and renovated in 2022, offers 44,700 square feet of space in a single, one-story building. Currently, 1,000 square feet are vacant, divisible into units as small as 1,000 square feet, with a maximum contiguous space of 1,000 square feet. The center features eight suites in total and boasts a strong tenant mix, including a Dollar General store ranked in the top 2% nationally and in Ohio. This prime location is situated on Central Avenue in Carlisle, Ohio, just over three miles west of I-75, providing excellent access to a substantial market. Within a five-mile radius, there are nearly 75,000 residents and 72,000 employees. The center benefits from its proximity to the Carlisle Business Park and newly constructed emergency services facilities. An additional approximately 1.9 acres of outlot land is available for ground lease, presenting further development opportunities. This property presents a compelling investment opportunity in a thriving community.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.91 ac (83,374 SF)
    APN 01-33-252-003-0
    UPID US66-0344960
    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
    $1.98M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.16M
    Owner & transaction history
    Autozono Development LLC
    Autozono Development LLC
    since 2025
    Last sale
    $2.3M
    2 recorded transactions
    2025
    2023
    $2.3M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    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?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message