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    1845 21St St Newark, OH 43055

    For Sale
    $999,900

    Prime location, high potential, car wash equipment included.

    Property size:
    5,896 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 5,896 square foot mixed-use property sits on a 0.79-acre corner lot at 1845 N 21st Street in Newark, Ohio. Its strategic location directly off the heavily trafficked State Route 13 places it within a desirable business district, experiencing significant growth fueled by the proximity to the new Intel plant in nearby New Albany (only 22 miles away). The property's current configuration includes a fully operational car wash, with all equipment included in the sale price of $999,900. The building also boasts substantial office space, offering immediate usability and flexibility. The expansive parking area caters to high customer volume. The layout allows for diverse uses

    Property Features for 1845 21St St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,896 SF
    Lot Size
    34,412 SF

    Building Details

    Year Built
    1994
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.42519
    Latitude
    40.09815

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, high potential, car wash equipment included.
    Where is this mixed-use property located?
    The property is located at 1845 21St St Newark, OH.
    What is the asking price?
    The asking price for this property is $999,900.
    (740) 687-1516
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    1845 21St St Newark, OH 43055
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    Newark, OH 43055
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    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
    1845 21St St Newark, OH 43055
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