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Industrial Land with M-1 Zoning
For Sale
$1,100,000

2115-0 Licking Valley Rd, Newark, OH 43055

Mostly level commercial land with electricity and natural gas available for supported business, storage, and manufacturing uses.

Property SizeContact for details
Days on Market51

Property Features for 2115-0 Licking Valley Rd

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $583
Listing Agency: Red 1 Realty
Listed By: Roderick Davis · License #2022006629
Source: Exprealty
Added: Jul 2 Changed: Aug 21 Last Checked: Aug 21 at 12:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Red 1 Realty

Investment Insights

Based on property information with market context.

This 21.15-acre industrial land tract is currently used as farmland and has mostly flat terrain with a slight roll. The property includes over 600 feet of road frontage, while electricity and natural gas are available. Completed Phase I and Phase II environmental studies provide established due diligence materials for evaluation.

The Madison Township zoning summary identifies M-1 zoning for general manufacturing, warehousing and storage, light manufacturing, and heavy manufacturing subject to performance standards. B-1 Business permitted uses identified in the summary include retail stores, department stores, supermarkets, specialty shops, service and recreation, residence, and conditional uses. The site is located across from 1017 Licking Valley Rd NE in Newark, Ohio, less than 1 mile from Licking Valley Local School District and within a 30-minute drive of the Intel area.

Key Highlights

  • 21.15 acres of industrial land with over 600 feet of road frontage
  • M‑1 zoning summary identifies manufacturing, warehousing and storage uses
  • B‑1 Business permitted uses include retail, service, recreation, residence, and conditional uses

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Storage Facility Furniture & Home Goods Spa & Massage Center

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

64
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Mostly level commercial land with electricity and natural gas available for supported business, storage, and manufacturing uses.
Where is this industrial land located?
The property is located at 2115-0 Licking Valley Rd Newark, OH.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 21.15 acres of industrial land with over 600 feet of road frontage; M‑1 zoning summary identifies manufacturing, warehousing and storage uses; B‑1 Business permitted uses include retail, service, recreation, residence, and conditional uses
More about this property
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