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    Property profile & analytics

    55 Mdw Park Ave Lewis Center, OH 43035-9476

    • Retail space
    • 114,322 SF
    • 12.57 lot acres
    OFF-MARKET
    Value Estimation
    $2,340,000
    Last Sale
    Nov 29, 2023
    $2,500,000
    Location Intelligence
    Property ID
    US66-2050140
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Giant Eagle Pharmacy / Pharmacy / Drug Store
    • Powell Center / Shopping Mall
    • Amazon Hub Locker - Affiliate / E-Commerce Service / Mailing Service
    • Western Union / Money Order Service / Money Transfer Service
    • Spirit Halloween / Costume Store / Party Store

    Property Details for 55 Mdw Park Ave

    Year built
    2000
    Lot size
    12.57 lot acres
    Property size
    114,322 SF
    Property type
    Retail space
    APN
    318-324-09-006-000
    APU
    31832409006000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,735,000
      6.5%
      $2,740,000
      7%
      $2,250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,270,000
      Geo Method
      $2,540,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,740,000
      Retail
      $2,535,000
      Mixed-Use
      $2,980,000
      Hospitality
      $3,035,000
      Educational
      $3,025,000
      Residential Income
      $2,395,000
      Energy
      $2,885,000
      Income-Based Land
      $2,490,000
      Food Service
      $2,880,000

    Location Insight

    • Map
    • Local Demand
    City
    Lewis Center
    County
    Delaware
    State
    Ohio
    Longitude
    -83.0178
    Latitude
    40.1606
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $67,589
    $565,430
    $313,880
    $879,310
    -
    $1,615,500
    $896,800
    $2,512,300

    Comparable in this City

    • Value Estimation
      $1,070,000
      6,336 SF

      55 Grn Mdws S Dr

      RETAIL STORES (PERSONAL SERVICES) • 6,336 SF
      55 Grn Mdws S Dr, Lewis Center, OH 43035-9455
      View Details
    • Value Estimation
      $455,000
      1,440 SF

      6605 Columbus Pike

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      6605 Columbus Pike, Lewis Center, OH 43035-9010
      View Details
    • Value Estimation
      $445,000
      1,073 SF

      5808 Columbus Pike

      RETAIL STORES (PERSONAL SERVICES) • 1,073 SF
      5808 Columbus Pike, Lewis Center, OH 43035-9005
      View Details
    • Value Estimation
      $230,000
      1,232 SF

      8512 Cotter St

      RETAIL STORES (PERSONAL SERVICES) • 1,232 SF
      8512 Cotter St, Lewis Center, OH 43035-7138
      View Details
    • Value Estimation
      $410,000
      2,560 SF

      1520 Lewis Ctr Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,560 SF
      1520 Lewis Ctr Rd, Lewis Center, OH 43035-8207
      View Details
    • Value Estimation
      $1,760,000
      7,415 SF

      8990 Old State Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,415 SF
      8990 Old State Rd, Lewis Center, OH 43035-8401
      View Details

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    Similar Nearby for Lease

    • $5,625 /Mo
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      Retail Space in Prime Location

      Move-in ready retail space in high-traffic Lewis Center, OH.
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      View Details
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      Retail Space in Mixed-Use Development

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      Open Strip Shopping Center

      Open strip shopping center with frontage on US-23.
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    • Contact for pricing

      Retail Space in NorthPointe Plaza

      Open strip shopping center with frontage on US-23.
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      View Details
    • Contact for pricing
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      Evans Farm Retail Space

      Prime Ohio retail space available
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      View Details
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    Lewis Center, OH 43035-9476
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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
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