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Property profile & analytics
FOR LEASE
Retail space
47 Meadow Park Ave, Lewis Center, OH 43035
Entity Owned
Free & Clear
Property ID
US66-2050140
For Lease
1 / 2
$2,460,000
47 Meadow Park Ave, Lewis Center, OH 43035
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
114,322 SF
Lot
12.57 ac (547,419 SF)
APN
318-324-09-006-000
UPID
US66-2050140
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
Current use
Occupant on record · Public records
-
Giant Eagle Pharmacy Pharmacy
-
Powell Center Shopping Center & Mall
-
Amazon Hub Locker - Affiliate Postal Service Courier Service
-
Western Union Bank Credit Union
-
Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.66M
Blend (final)
Blend
$2.46M
Owner & transaction history
G&i Xi Lewis LLC
G&i Xi Lewis LLC
since 2025
Last sale
$2.5M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,200,000
ML approach
$2,440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.46M
Range $2.21M – $2.71M · ±10% · vs last sale $2.50M (Nov 29 2023)
Last sale anchor
$2.50M
Nov 29 2023
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
$22 / 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
$67,589
Tax year 2023
Assessed value
$879,310
Assessed 2023
Previous assessed
$3,692,510
-76.2% YoY
Effective rate
7.69%
On assessed value
Assessed land
$565,430
Assessed improvement
$313,880
Land market value
$1,615,500
Improvement market value
$896,800
Total market value
$2,512,300
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2000
Heating
YES
Cooling
YES
Stories
1
Total area
114,322 SF
Lot
12.57 ac (547,419 SF)
APN
318-324-09-006-000
UPID
US66-2050140
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
Building & site characteristics
From public records
Year built
2000
Heating
YES
Cooling
Yes
Stories
1
Lot
12.57 ac
Current owner
From public records · entity-resolved
G&i Xi Lewis LLC
Entity
Free & Clear · 0 yrs held
Mailing address
565 TAXTER RD STE #400, ELMSFORD, NY 10523-2379
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2025
—
G&i Xi Lewis LLC
G&i Xi Lewis LLC
Deed
related
—
Nov 29, 2023
$2,500,000
G&i Xi Lewis LLC
Bre Ddr Br Lewis Center Oh LLC
Limited Warranty Deed
$17,000,000 · Wesbanco Bank INC
Oct 5, 2023
—
Office Superstore East LLC
Bre Ddr Br Lewis Center Oh LLC
Lease
—
Nov 17, 2014
$28,500,000
Bre Ddr Br Lewis Center Oh LLC
Colege Columbus Oh LLC
Grant Deed
—
Oct 13, 2011
$19,510,000
Cole Ge Columbus Oh LLC
Worthington I LLC
Grant Deed
—
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
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