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

    1845 21St St Newark, OH 43055

    Sponsored
    For Sale
    $1,100,000

    5,896 SF Special Purpose Building, $1.1M

    Property size:
    5,896 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,896 square foot special purpose building, constructed in 1994, sits on a substantial 34,412.4 square foot corner lot in Newark, Ohio. Ideally situated off heavily trafficked State Route 13 within a desirable business district, this property offers unparalleled potential. Currently configured as a car wash, complete with included equipment, the building also boasts ample office space. Its strategic location, just 22 miles from the new Intel plant in New Albany, positions it perfectly to capitalize on the area's significant growth. The property's versatility is a key advantage

    Property Features for 1845 21St St

    General Information

    Property type
    Specialty properties
    Square Feet
    5,896 SF

    Building Details

    Year Built
    1994

    HighLights

    • 5,896 SF special‑purpose building on a 34,412.4 SF corner lot in Newark, OH.
    • Built in 1994, situated off heavily trafficked State Route 13.
    • Currently operating as a car wash with included equipment and ample office space.
    • Excellent location, only 22 miles from the new Intel plant in New Albany, OH.
    • Highly versatile property with significant growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.4251803
    Latitude
    40.0981812

    Nearby Similar for Sale

    • $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
    • $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
      $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
    • $175,000
      3,950 SF

      Established Pizza Business Opportunity

      Thriving pizza business with loyal customer base and growth potential.
      318 Hudson Ave, Newark, OH 43055
      View Details
    • $575,000
      3,911 SF

      Downtown Newark Office Building

      Historic office building with parking in vibrant downtown location.
      126 W Church St, Newark, OH 43055
      View Details
    • $649,900
      8,316 SF

      Historic Downtown Newark Mixed-Use Property

      Three-story property in historic downtown Newark with multiple business possibilities.
      5 N 3Rd St, Newark, OH 43055
      View Details
    • New
      $149,900
      0.10 Acres

      Newark Duplex: Investment Opportunity

      Well-maintained duplex with reliable tenants in a desirable Newark location.
      408 Granville St, Newark, OH 43055
      View Details
    • $249,900
      1,984 SF

      Turnkey Restaurant Opportunity For Sale

      Turnkey restaurant with equipment included, subdivision potential, high visibility.
      391 W Main St, Newark, OH 43055
      View Details
    • $1,231,430
      9,000 SF

      NNN Leased Family Dollar Store

      NNN leased Family Dollar with 9+ years remaining.
      189 W Main St, Newark, OH 43055
      View Details
    • $849,000
      16,600 SF

      Multi-Tenant Income Property For Sale

      16,600 SF multi-tenant property with long-term tenants.
      951 Buckeye Ave, Newark, OH 43055
      View Details
    • $3,725,000
      14,560 SF

      Newark Retail Property for Sale

      Retail property for sale in Newark, Ohio.
      1425 N 21St St, Newark, OH 43055
      View Details

    FAQs

    What type of property is this?
    Specialty property - 5,896 SF Special Purpose Building, $1.1M
    Where is this specialty property located?
    The property is located at 1845 21St St 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: 5,896 SF special-purpose building on a 34,412.4 SF corner lot in Newark, OH.; Built in 1994, situated off heavily trafficked State Route 13.; Currently operating as a car wash with included equipment and ample office space.
    Request Owner's contact information
    1845 21St St 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.
    1845 21St St
    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
    1845 21St St 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.