8062 Orange Center Dr Lewis Center, OH 43035
- Car washes
- 14,028 SF
- 5.29 lot acres
Current Use by Public Records
- El Tuzo Taco / Mexican Restaurant
- Eclipse Auto Styling / Window Tinting Service
- Ninja Xpress Car Wash / Car Wash / Car Detailing Service
Property Details for 8062 Orange Center Dr
- Year built
- 1990
- Lot size
- 5.29 lot acres
- Property size
- 14,028 SF
- Property type
- Car washes
- APN
- 318-321-01-005-000
- APU
- 31832101005000
Description
This exceptional 4.047-acre commercial land parcel presents a unique development opportunity in the thriving Lewis Center, Ohio market. Situated at 8062 Orange Centre Dr., in Delaware County (zip code 43035), this property boasts a prime location along a rapidly expanding retail corridor. Currently occupied by a tenant (whose operations will cease upon sale), the site offers flexibility with the option to subdivide. The property benefits from high visibility at a lighted intersection. Significant recent development underscores the area's growth trajectory, including a new Sheetz under construction directly across the street, and nearby established retailers such as BJ's Wholesale, Aldi, and Walmart. Lewis Center's robust population growth, fueled by Delaware County's status as Ohio's fastest-growing county, makes this an attractive investment. Further enhancing the area's appeal are plans for a new hotel and condo community in close proximity. This property offers significant potential for a variety of commercial uses, capitalizing on the area's strong demographics and ongoing development. The site's size and location make it ideal for a range of projects, from retail to automotive, ensuring a strong return on investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,770,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,100,000
- 6.5%
- $2,185,000
- 7%
- $2,145,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,820,000
- Geo Method
- $2,445,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,880,000
- Retail
- $2,335,000
- Mixed-Use
- $1,950,000
- Hospitality
- $1,855,000
- Educational
- $2,415,000
- Residential Income
- $1,965,000
- Energy
- $1,865,000
- Income-Based Land
- $2,110,000
- Food Service
- $2,220,000
Location Insight
- Map
- Local Demand
- City
- Lewis Center
- County
- Delaware
- State
- Ohio
- Longitude
- -83.0208
- Latitude
- 40.1744
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
