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    951 Buckeye Ave Newark, OH 43055

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    For Sale
    $849,000

    16,600 SF multi-tenant property with long-term tenants.

    Property size:
    16,600 SF
    Lot size:
    1.08 Acres

    Property Features for 951 Buckeye Ave

    General Information

    Size
    16,600 SF
    Lot size
    1.08 Acres

    Source: SHAI-Hess Commercial Real Estate Agent Eddie Hunt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Tenant Income Property For Sale

    This 16,600-square-foot multi-tenant property is suitable for investors. The building features nine distinct spaces, accommodating office, retail, and flexible usage. The front section, previously an armory, spans 9,800 square feet and is constructed with solid block. The remaining 6,800 square feet consist of a versatile pole barn. The property is currently income-generating with long-term tenants.
    Insight Report Location Intelligence

    Current Use by Public Records

    Healing Touch Therapeutic ... Massage Therapist Sprague Shotokan Karate ... Sports School Luxur Media Photography Studio Marks Custom Paint ... Auto Body Shop Amazon Hub Counter ... Mailing Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    City Barbeque

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.4379862
    Latitude
    40.0473567

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    FAQs

    What type of property is this?
    Flex space - 16,600 SF multi-tenant property with long-term tenants.
    Where is this flex space located?
    The property is located at 951 Buckeye Ave Newark, OH.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: - Multi-tenant income-generating property; - Boasting 16,600 square feet of total space; - Nine distinct spaces suitable for office, retail, and flexible usage
    (740) 404-1259
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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
    951 Buckeye Ave Newark, OH 43055
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