Listing Agency: CBRE | Columbus m***@cbre.com Show Phone

Listed By: Molly Leach · License #2009001866 Show Phone

Source: Cbre

Added: Mar 25 Changed: Jul 6 Last Checked: Aug 8 at 2:42AM

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Investment Insights

Based on property information with market context.

This 1.0-acre commercial site is located at the corner of West Main Street and South Terrace Avenue in Newark, Ohio. The location provides convenient access to both Newark and Heath. The property is situated within Newark Township and offers close proximity to the OH-16 and OH-79 exchange. It is also near the Intel Development.

Key Highlights

• Near the transformative Intel Development
• Central location for effortless access from either Newark or Heath
• 1. 0 acre site

Property Analytics

Property Profile

Current Use

Spruce Medical Spa Spa & Massage Center Fischer Office Law Firm Newark Group Law Firm

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Nail Salon Building Supply Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

408

Businesses Nearby

Explore this area Business Placement

Demographics for 43055, OH

62,590

Population

27,046

Households

2.3

Avg Household Size

40

Median Age

23%

College-Educated

92%

High-School Grad

112.7 sq mi

ZIP Area

555

Density / Sq Mi

$61,807

Median Household Income

$39,412

Median Earnings

$920

Median Rent

$185,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - One-acre commercial lot near Intel development in Newark, Ohio.

Where is this commercial land located?

The property is located at 1615 West Main Street Newark, OH.

What is the asking price?

The asking price for this property is $260,000.

What are key features of this property?

This property features: Near the transformative Intel Development; Central location for effortless access from either Newark or Heath; 1. 0 acre site