7790 Central DrLewis Center, OH 43035

  • Office properties
  • 9,520 SF
For Lease

Property Details for 7790 Central Dr

Year built
1984
Lot size
2.12 AC
Property size (Sq ft)
9,520 SF
Property type
Office properties
Property subtype
Office buildings
APN
318-240-02-013-000
APU
31824002013000

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,986,157
    6.5%
    $1,833,376
    7%
    $1,702,420
  • Comparable approach

    Method
    Valuation
    Relative Method
    $890,501
    Geo Method
    $890,501
  • Alternative Use

    Use
    Valuation
    Residential
    $2,273,386
    Hospitality
    $2,082,409
    Educational
    $1,732,540
    Medical
    $1,792,125
    Retail
    $2,695,062
7790 Central Dr, Lewis Center, Ohio

Location Insight

City
Lewis Center
County
Delaware
State
Ohio
Latitude
40.1778
Longitude
-83.0138
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,182
$74,200
$279,090
$353,290
-
$212,000
$797,400
$1,009,400

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