Property summary
This exceptional 2-acre commercial land parcel presents a remarkable investment opportunity in Lewis Center, Ohio. Located on the heavily trafficked US-23 (Columbus Pike), this fully entitled site boasts an existing site plan for a state-of-the-art car wash, featuring a 200-foot tunnel, 16 covered and 18 uncovered vacuum stalls, and two pay stations. The property benefits from its strategic location within a thriving retail corridor, sharing access with a high-performing Meijer supermarket that attracts nearly 2 million annual visitors. Nearby, a strong concentration of national retailers including Dollar Tree, McDonald's, Wendy's, Walmart, Chipotle, Popeyes, Arby's, Chase Bank, Bank of America, T-Mobile, Kohl's, Subway, Staples, Five Guys, Smoothie King, and Tim Hortons, further enhances the property's visibility and appeal. The site's exceptional location on US-23, a major north-south highway with approximately 30,000 vehicles per day, ensures high traffic counts and significant exposure. Moreover, the surrounding community demonstrates robust demographics, with a 5-mile radius population of 179,690 and an average household income of $159,304, projected to grow at an annual rate of 2.63% between 2024 and 2029. The property's proximity to downtown Columbus (approximately a 20-minute drive) adds to its desirability, given Columbus's status as a rapidly growing metro area with strong wage and population growth. This fully entitled car wash site offers significant redevelopment upside, while also presenting opportunities for other commercial uses, including banks, quick-service restaurants, and additional retail establishments. The asking price for this fee-simple ownership opportunity is $2,000,000. The property is zoned for commercial use.
Property profile
VerifiedCap rate & NOI
Current use
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Specialty Food Shop Supermarket
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Atm
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Pharmacy
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Bank Credit Union
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Bank Credit Union
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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