Property profile

7790 N Central Dr Lewis Center, OH 43035

FOR LEASE
Office buildings
Property ID
US66-0893580
9,520 SF 2.12 ac lot Built 1984
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A industrial property, located at 7790 North Central Drive, Lewis Center, OH 43035, offers 12,000 square feet of flexible space ideal for manufacturing, distribution, R&D, or flex uses. Situated on a 2.12-acre lot in Delaware County's Planned Industrial District, this property boasts two single-story buildings with a generous 19-foot ceiling height. The space is divisible, with minimum leasable units of 4,000 square feet and the potential to lease the entire 12,000 square feet contiguously. The property features convenient access with three drive-in doors and one shared loading dock, ensuring efficient loading and unloading. Three-phase power is available, catering to a variety of industrial needs. The property is currently fully vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to occupy smaller, divisible units. The cross street is East Orange Road, providing excellent accessibility and visibility. This prime location offers a strategic advantage for businesses seeking efficient and modern industrial space in a thriving area. The property's zoning as Planned Industrial District ensures compatibility with a wide range of industrial uses.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Total area 9,520 SF
Lot 2.12 ac (92,347 SF)
APN 318-240-02-013-000
UPID US66-0893580

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
  • General Contractor Security Service

Location

7790 N Central Dr Lewis Center, OH 43035
Lewis Center metro Census 11563 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$840k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$855k

Owner & transaction history

since 2021
Last sale
$980,000
7 recorded transactions
2026
Price N/A
2021
Price N/A
2021
$980,000
2020
Price N/A
2019
$825,000
2011
$585,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $1.6M +50.7%
Auto repair, garage $1.4M +34.3%
Warehouse, storage $1.2M +15.2%

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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