Property profile

5542 Columbus Pike Lewis Center, OH 43035

FOR SALE
Warehouses
Property ID
US66-2372902
22,796 SF 4.05 ac lot Built 1996
Individually Owned 21-yr Hold ~ Est. High Equity
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For Sale
Contact for pricing 22,796 SF
5542 Columbus Pike, Lewis Center, OH 43035
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Property summary

AI-generated overview

This exceptional retail property, located at 5542 Columbus Pike in Lewis Center, Ohio, presents a fantastic leasing opportunity. The single-story, 22,796 square foot building sits on a generous 4.05-acre lot and was constructed in 1996. Currently, 3,200 square feet of retail space is available for lease, ideal for a variety of businesses. The property is zoned for Industrial District use within Delaware County's North submarket, specifically the Lewis Center cluster. The building features ample parking, with a ratio of 6 spaces per 1,000 square feet. There are no elevators. The property's multiple tenancy structure provides a vibrant and diverse commercial environment. The address is 5542 Columbus Pike, Lewis Center, OH 43035. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in a thriving community. The property's size and layout offer flexibility for various retail concepts. Interested parties should inquire about lease terms and conditions.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1996
Total area 22,796 SF
Lot 4.05 ac (176,418 SF)
APN 418-330-01-076-000
UPID US66-2372902

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Garden Center
  • Family Recreation Center
  • Training Center Sports School
  • Hardware & Home Improvement
  • Furniture & Home Goods Home Decor Store

Location

5542 Columbus Pike Lewis Center, OH 43035
Lewis Center metro Census 11562 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.91M
Comparable Approach Comparable
$922k
Blend (final) Blend
$530k

Owner & transaction history

since 2004
6 recorded transactions
2007
Price N/A
2004
$2.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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