Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Mt. Vernon Rd Newark, OH 43055

    For Sale
    $675,000

    LAND - Newark, OH

    Lot size:
    3.13 Acres
    Days on Market:
    187
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for Mt. Vernon Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    054-286980-00.000
    Lot size
    3.13 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer

    Century 21 Frank Frye Real Estate (740) 345-4001 [email protected]

    Listing agent Phil Frye (740) 403-7128

    Listing date Jun 2, 2025

    MLS# 221021122 Listing URL

    Copyright © 2025 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Route 13

    This commercial land opportunity is located on Route 13/Mt. Vernon Rd. in Newark, OH, in front of the Gregory Park housing subdivision and near shopping and restaurants on N. 21st St. According to ODOT, the site sees a daily traffic volume of 14,145 vehicles. The parcel is approximately 3.13 acres and is zoned HB Commercial in the City of Newark. All utilities are available, and the property includes two sewer taps. The property has nearly 335' of road frontage on Route 13. Total road frontage for this parcel is 835' including Route 13, Gregory Drive, & Brenton Drive. An additional 2.7 acres of commercial land is available next door, offering a total of 5.83 acres and 632' of road frontage on Route 13. Possible uses include banks, office buildings, medical offices, strip centers, restaurants, and assisted living facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.426711
    Latitude
    40.104634

    Nearby Similar for Sale

    • $499,999
      0.12 Acres

      Renovated Newark Quadplex Investment Property

      Fully occupied, renovated quadplex with immediate cash flow potential.
      311 Clinton St, Newark, OH 43055
      View Details
    • $596,900
      0.51 Acres

      Mixed-Use Property in Newark, OH

      Six apartments and a storefront on Cherry Valley Road.
      1863 Cherry Valley Rd, Newark, OH 43055
      View Details
    • New
      $179,900
      0.08 Acres

      Newark Duplex with Recent Updates

      Updated duplex in Newark, ideal for investors or owner-occupants.
      167 Essex St, Newark, OH 43055
      View Details
    • $129,000
      0.12 Acres

      Newark Duplex: Investment Opportunity

      Cash-flowing duplex near downtown Newark with updated units.
      242 W Main St, Newark, OH 43055
      View Details
    • New
      $144,500
      0.23 Acres

      Cash-Flowing Duplex Near Downtown Newark

      Well-maintained duplex near downtown Newark with long-term tenants.
      561 W Main St, Newark, OH 43055
      View Details
    • $449,900
      0.11 Acres

      Newark Multifamily Investment Opportunity

      Well-maintained 5-unit apartment building in downtown Newark.
      45 S 5Th St, Newark, OH 43055
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.13 acres of commercial land with high traffic volume.
    Where is this commercial land located?
    The property is located at Mt. Vernon Rd Newark, OH.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - High traffic count: 14,145 vehicles pass daily on Route 13.; - HB Commercial zoning allows for diverse business uses.; - 3.13 acre parcel with potential to expand to 5.83 acres with adjacent land.
    (740) 403-7128
    Request Owner's contact information
    Mt. Vernon Rd Newark, OH 43055
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Mt. Vernon Rd
    Newark, OH 43055
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Mt. Vernon Rd Newark, OH 43055
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.