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    1257-1299 Log Pond Dr Newark, OH 43055

    Sponsored
    For Lease
    Contact for pricing

    Newark, Ohio Strip Mall - High Traffic

    Lot size:
    27,368 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Log Pond Plaza, located at 1257-1299 Log Pond Dr, Newark, OH 43055, is a Class C retail strip center totaling 27,368 square feet. This multi-tenant property is situated in Licking County's Newark submarket, a prime retail corridor off N 21st St, experiencing over 32,000 vehicles daily. The center benefits from a shadow anchor, Walmart, and a strong tenant mix including established businesses such as Holiday Hair, Creno's Pizza, Lendmark Financial, and Cheng's Buffet & Grill. Individual spaces are available, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 1,600 square feet. The property presents a compelling opportunity for businesses seeking high visibility and access to a substantial customer base within a thriving retail environment. Its convenient location and established tenant roster make it an attractive investment prospect. The property's address is easily accessible and benefits from high daily traffic counts, ensuring significant exposure for tenants. This well-positioned retail center offers a unique chance to establish or expand a business in a dynamic and successful commercial area. Further details are available upon request.

    Property Features for 1257-1299 Log Pond Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,368 SF
    Class
    C

    Unit(s) available at that property

    Space
    1265 Log Pond Drive
    Size
    1,600 SF
    Space
    1281 Log Pond Dr
    Size
    1,200 SF
    Space
    1289 Log Pond Dr
    Size
    1,200 SF

    HighLights

    • Excellent North 21st Street, Newark, OH retail location.
    • Join established tenants including Creno's, Big Apple Café, and Regis Salon in this vibrant retail corridor.
    • High‑traffic location between Walmart Supercenter and a major Kroger Marketplace.
    • Over 32,000 vehicles per day (VPD) on North 21st Street.
    • Pylon signage opportunity available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.428873369758
    Latitude
    40.08350131853

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    FAQs

    What type of property is this?
    Retail property - Newark, Ohio Strip Mall - High Traffic
    Where is this retail property located?
    The property is located at 1257-1299 Log Pond Dr Newark, OH.
    What are key features of this property?
    This property features: Excellent North 21st Street, Newark, OH retail location.; Join established tenants including Creno's, Big Apple Café, and Regis Salon in this vibrant retail corridor.; High-traffic location between Walmart Supercenter and a major Kroger Marketplace.
    Request Owner's contact information
    1257-1299 Log Pond Dr 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
    1257-1299 Log Pond Dr Newark, OH 43055
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