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    42 N 3Rd St Newark, OH 43055

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    For Sale
    Contact for pricing

    Office building featuring underground parking and ATM lease.

    Property size:
    6,920 SF
    Lot size:
    0.11 Acres

    Property Features for 42 N 3Rd St

    General Information

    Size
    6,920 SF
    Lot size
    0.11 Acres

    Source: SHAI-Hess Commercial Real Estate Agent J. Park Shai III

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

    Overview

    Office Building with Underground Parking

    This 6,920 square foot office building is located at 42 N 3rd St in Newark, OH. The property benefits from having no deed restrictions. It features underground parking and an ATM leased by Huntington. The owner is a licensed real estate broker.
    Location Intelligence

    Current Use by Public Records

    Huntington Bank ATM ... Atm Huntington Bank Bank

    Suggested Use

    Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.2176009
    Latitude
    40.0543294

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    FAQs

    What type of property is this?
    Office building - Office building featuring underground parking and ATM lease.
    Where is this office building located?
    The property is located at 42 N 3Rd St Newark, OH.
    What are key features of this property?
    This property features: - Underground parking for convenience and security.; - No deed restrictions offer flexibility and freedom.; - ATM leased by Huntington provides steady income.
    (740) 404-0665
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    42 N 3Rd 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
    42 N 3Rd St Newark, OH 43055
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