Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1644 Mount Vernon Rd Newark, OH 43055

    For Sale
    $185,000

    Prime Newark, OH land; water views, utilities ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.62-acre residential lot in Licking County, Ohio presents a rare opportunity for discerning buyers. Located at 1644 Mount Vernon Road, Newark, OH 43055, this 114,127.2 square foot parcel boasts stunning water views and a tranquil setting. The property offers a unique blend of privacy and convenience. Enjoy the peacefulness of a wooded and open lot, with no immediate plans for surrounding development ensuring lasting seclusion. The location is ideal, providing easy access to major stores and shops. Furthermore, the property is already equipped for construction, with water, well, and electric readily available on-site. Zoned for residential use, this land is perfect for building your dream home or represents a sound investment opportunity. This is a truly exceptional property; properties of this caliber and location are seldom available. Don't miss this chance to acquire a piece of desirable Licking County real estate. The latitude and longitude coordinates are 40.1009136 and -82.423357 respectively.

    Property Features for 1644 Mount Vernon Rd

    General Information

    Property type
    Land

    HighLights

    • $185,000 asking price.
    • 2.62‑acre residential land parcel.
    • Located at 1644 Mount Vernon Road, Newark, OH 43055.
    • Water views and private wooded setting.
    • Utilities (water, well, electric) available.
    • Zoned residential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.423357
    Latitude
    40.1009136

    Nearby Similar for Sale

    • $499,999
      0.12 Acres

      Renovated Newark Quadplex Investment Property

      Fully occupied, renovated quadplex with immediate cash flow potential.
      311 Clinton St, Newark, OH 43055
      View Details
    • New
      $596,900
      0.51 Acres

      Apartments and Storefront on Cherry

      Six apartments and a storefront in Newark, Ohio.
      1863 Cherry Valley Rd, Newark, OH 43055
      View Details
    • New
      $179,900
      0.08 Acres

      Newark Duplex with Recent Updates

      Updated duplex in Newark, ideal for investors or owner-occupants.
      167 Essex St, Newark, OH 43055
      View Details
    • New
      $144,500
      0.23 Acres

      Cash-Flowing Duplex Near Downtown Newark

      Well-maintained duplex near downtown Newark with long-term tenants.
      561 W Main St, Newark, OH 43055
      View Details
    • $449,900
      0.11 Acres

      Newark Multifamily Investment Opportunity

      Well-maintained 5-unit apartment building in downtown Newark.
      45 S 5Th St, Newark, OH 43055
      View Details
    • $1,600,000
      52,117 SF

      Office and Warehouse Building Newark

      Two-story office and warehouse building with highway access.
      22 N 1St St, Newark, OH 43055
      View Details

    FAQs

    What type of property is this?
    Land - Prime Newark, OH land; water views, utilities ready.
    Where is this land located?
    The property is located at 1644 Mount Vernon Rd Newark, OH.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: $185,000 asking price.; 2.62-acre residential land parcel.; Located at 1644 Mount Vernon Road, Newark, OH 43055.
    Request Owner's contact information
    1644 Mount Vernon Rd Newark, OH 43055
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1644 Mount Vernon Rd
    Newark, OH 43055
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1644 Mount Vernon Rd Newark, OH 43055
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.