NOT LISTED FOR SALE

Estimated Value: $3,342,587

5.29 Acres
$631,869 Price per Acre
230,432 Sq Ft Lot

Last Sold May 31, 2019

Last sale price $2,125,000

Est. 57% increase in value since last sale

Current estimated payment $22,872/month

430 Days on Market

Highlights

  • 5.29 Acre Lot
  • Glen Oak Elementary School Rated A
  • Commercial or Retail Space

About This Lot

As of May 2019

5.29-ACRE COMMERCIAL SITE WITH 3 BUILDINGS AVAILABLE FOR SALE! Each building is also available for short term lease (2 years max). 5.29 +/- acres commercial land with 3 buildings totaling 20,327 +/- SF in high demand area. Situated on the SE corner of Columbus Pike/US-23 & E. Orange Rd in Lewis Center with 588 ft of frontage on Columbus Pike/US-23. Zoned Planned Commercial and Office District. Great location close to retail corridor with easy access to major arteries.High traffic & rapid commercial development area.

Last Agent to Sell the Property

Skip Weiler

The Robert Weiler Company License #321199 Listed on: 01/29/2018

Last Buyer's Agent

Sammy Kanaan

RE/MAX Connection License #310287

RE/MAX Connection

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $43,980

Lot Details

  • 5.29

Home Design

  • Commercial or Retail Space

Additional Features

  • 5.29 Acre Lot
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 318-321-01-005-000

Community Details

Overview

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$43,980

Lot Details

0

Listing Details

  • Type: Land/Farm
  • Tax Year: 2016
  • Property Sub-Type: Retail
  • Lot Size Acres: 5.29
  • Co List Office Phone: 614-221-4286
  • MLS Status: Closed
  • Services Available Electric3: Yes
  • Services Available Sanitary Sewer: Yes
  • Services Available Storm Sewer: Yes
  • Services Available Water2: Yes
  • General Property Info Residential DwellingOther Structure YN: Yes
  • General Property Info # of Buildings2: 3
  • Services Available Gas3: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Water Available, Sewer Available, Electricity Available, Storm Sewer, Gas

Schools

  • Junior High Dist: OLENTANGY LSD 2104 DEL CO.

Lot Info

  • Parcel Number: 318-321-01-005-000
  • Lot Size Sq Ft: 230432.4
  • Additional Parcels: No
  • Zoning Description: PCD

Tax Info

  • Tax Annual Amount: 43980.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2025
Sold by
3Gen Holdings Llc
Bought by
3Gen Holdings Llc
Current Estimated Value
$3,342,587

Purchase Details

Listed on
Jan 29, 2018
Closed on
May 29, 2019
Sold by
136 Orange Road Llc
Bought by
3Gen Holdings Llc
Seller's Agent
Skip Weiler
The Robert Weiler Company
Buyer's Agent
Sammy Kanaan
RE/MAX Connection
List Price
$2,500,000
Sold Price
$2,125,000
Premium/Discount to List
-$375,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$1,048,650
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2017
Sold by
Zallanta Daniel T
Bought by
136 Orange Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,530,000
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
3Gen Holdings Llc -- Birchway Title Agency
3Gen Holdings Llc -- Birchway Title Agency
3Gen Holdings Llc $2,125,000 Fidelity National Title
136 Orange Road Llc $900,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3Gen Holdings Llc $1,700,000
Previous Owner 136 Orange Road Llc $1,530,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $2,125,000 -10.5% --
03/14/2019 03/14/19 Pending -- -- --
02/28/2019 02/28/19 Price Changed $2,375,000 -5.0% --
01/08/2018 01/08/18 For Sale $2,500,000 -- --
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $62,634 $826,570 $572,430 $254,140
2023 $63,536 $826,570 $572,430 $254,140
2022 $66,244 $776,200 $488,430 $287,770
2021 $66,548 $776,200 $488,430 $287,770
2020 $66,611 $770,010 $488,430 $281,580
2019 $49,680 $622,340 $337,820 $284,520
2018 $45,149 $626,650 $342,130 $284,520
2017 $44,905 $546,000 $284,550 $261,450
2016 $43,980 $546,000 $284,550 $261,450
2015 $40,132 $546,000 $284,550 $261,450
2014 $41,328 $546,000 $284,550 $261,450
2013 $41,711 $546,000 $284,550 $261,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218002241

Columbus and Central Ohio Regional MLS

APN: 318-321-01-005-000