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Property profile & analytics
OFF-MARKET
Estimated value
$1,665,000
Retail space
8990 Old State Rd Lewis Center, OH 43035-8401
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-1807026
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Total area
7,415 SF
Lot
1.06 ac (46,130 SF)
APN
318-341-02-006-001
UPID
US66-1807026
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
-
MCB Motor Spa Auto Repair Shop
-
Details Plus Ohio Car Wash
-
MCB Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.91M
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.67M
Owner & transaction history
Wd3 Lewis LLC · 1 yrs held
Wd3 Lewis LLC
since 2025
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+154.9%
Commercial (general)
$1.5M
+70.9%
Medical building
$1.2M
+42.2%
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
$1,970,000
ML approach
$1,910,000
CAP Approach
CAP Return
Estimation
6%
$1,435,000
6.5%
$1,325,000
7%
$1,230,000
Alternative Use
Use
Estimation
RESTAURANT
$2,185,000
Change: +155% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,465,000
Change: +71% · Conversion: Easy
MEDICAL BUILDING
$1,220,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,085,000
Change: +27% · Conversion: Difficult
Blend value · Realmo final
$1.67M
Range $1.50M – $1.83M · ±10% · vs last sale $1.70M (Jan 21 2025)
Last sale anchor
$1.70M
Jan 21 2025
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
$225 / 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
$38,055
Tax year 2023
Assessed value
$560,700
Assessed 2023
Previous assessed
$453,110
+23.7% YoY
Effective rate
6.79%
On assessed value
Assessed land
$247,030
Assessed improvement
$313,670
Land market value
$705,800
Improvement market value
$896,200
Total market value
$1,602,000
Applied tax rate
45.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1997
Heating
YES
Cooling
YES
Stories
1
Rooms
6
Bathrooms
1
Total area
7,415 SF
Lot
1.06 ac (46,130 SF)
APN
318-341-02-006-001
UPID
US66-1807026
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
RESTAURANT
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1997
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Wd3 Lewis LLC
Entity
Free & Clear · 1 yrs held
Mailing address
8990 S OLD STATE RD, LEWIS CENTER, OH 43035-8401
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2025
$1,700,000
Wd3 Lewis LLC
Boudreau Ltd
Deed
—
Oct 10, 2017
—
Boudreau Ltd
—
Deed
related
$842,000 · Buckeye State Bank
Aug 19, 2016
$67,438
Delaware County Commissioner
Boudreau Ltd
Warranty Deed
—
Sep 17, 2010
$1,360,000
Boudreau Ltd
Mathews,charles J
Trustees Deed
$1,126,336 · Ohio State Bank
Mar 4, 2009
—
Charles J Mathews
—
Trustees Deed
related
$100,000 · Ohio State Bank
—
—
Boudreau Ltd
—
Deed Of Trust
related
$60,000 · Charls J Matthews
—
—
Charles J Mathews
—
Deed Of Trust
related
$1,020,000 · Ohio State Bank
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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