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Property profile & analytics
FOR SALE
Warehouses
7801 N Central Dr, Lewis Center, OH 43035
Entity Owned
6-yr Hold
Free & Clear
Property ID
US66-1664344
For Sale
1 / 30
$7,090,000
7801 N Central Dr, Lewis Center, OH 43035
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Property summary
AI-generated overview
Orange Point Commerce Center, located at 7801 N Central Dr, Lewis Center, OH 43035, offers exceptional industrial space for lease. This 84,824-square-foot facility, built in 1986, is situated in the Southern Delaware submarket and features a flexible layout suitable for manufacturing and flex uses. The property boasts four suites, with a minimum divisible space of 2,572 square feet and a maximum contiguous space of 4,026 square feet. Currently, 13,884 square feet are available for lease. The building provides ample parking with over 200 spaces. Power is robust, featuring 400 AMP, 480V, 3-phase service. The property benefits from separated utilities, ensuring efficient operation. Its location in Delaware County, Ohio, within the Lewis Center submarket cluster, offers convenient access to major transportation routes and a thriving business community. This well-maintained facility presents a unique opportunity for businesses seeking high-quality industrial space in a prime location. The property's flexible suite sizes cater to a variety of business needs, making it an ideal choice for companies seeking expansion or relocation. Contact us today to learn more about leasing opportunities at Orange Point Commerce Center.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Total area
84,824 SF
Lot
7.37 ac (321,037 SF)
APN
318-240-03-001-000
UPID
US66-1664344
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
-
Cash Loans Bear Loan Service
-
This Week Newspaper & Magazine Television Studio
-
Davis Distribution Electronics & Wireless Store
-
Dublin Villager Publishing House Newspaper & Magazine
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.18M
Blend (final)
Blend
$7.09M
Owner & transaction history
North Central Partners LLC · 6 yrs held
North Central Partners LLC
since 2019
3 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$10,665,000
Current use
RETAIL STORES
$9,810,000
Change: -8% · Conversion: Moderate
OFFICE BUILDING
$9,260,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$7.09M
Range $6.38M – $7.80M · ±10%
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
$84 / 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
$105,390
Tax year 2023
Assessed value
$1,369,910
Assessed 2023
Previous assessed
$1,173,700
+16.7% YoY
Effective rate
7.69%
On assessed value
Assessed land
$270,870
Assessed improvement
$1,099,040
Land market value
$773,900
Improvement market value
$3,140,100
Total market value
$3,914,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1986
Heating
YES
Cooling
YES
Stories
1
Total area
84,824 SF
Lot
7.37 ac (321,037 SF)
APN
318-240-03-001-000
UPID
US66-1664344
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$10.7M
RETAIL STORES
Est. value
$9.8M
OFFICE BUILDING
Est. value
$9.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
YES
Cooling
Yes
Stories
1
Lot
7.37 ac
Current owner
From public records · entity-resolved
North Central Partners LLC
Entity
Free & Clear · 6 yrs held
Mailing address
7801 N CENTRAL DR, LEWIS CENTER, OH 43035-3547
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2019
—
North Central Partners LLC
Gatehouse Media Ohio Holdings II In
Warranty Deed
—
Jul 26, 2016
—
Gatehouse Media Ohio Holdings
—
Deed
related
—
Jun 17, 2015
$3,552,500
Gatehouse Media Ohio Holdings
Dispath Consumer Services INC
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.
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