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    Property profile & analytics

    11 Waterworks Rd Newark, OH 43055

    • Retail properties
    • 4,702 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Kelley's Flowers / Florist

    Property Details for 11 Waterworks Rd

    Year built
    1920
    Lot size
    0.31 lot acres
    Property size
    4,702 SF
    Property type
    Retail properties
    Property subtype
    Retail space

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.4181
    Latitude
    40.0874

    Comparable in this City

    • Value Estimation by Request
      0.01 Acres

      330 National Dr

      RETAIL STORES (PERSONAL SERVICES) • 0.01 Acres
      330 National Dr, Newark, OH 43055-4837
      View Details
    • Value Estimation by Request
      1.76 Acres

      Marion Rd

      RETAIL STORES (PERSONAL SERVICES) • 1.76 Acres
      Marion Rd, Newark, OH 43055
      View Details
    • Value Estimation by Request
      2,730 SF

      153 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 2,730 SF
      153 2nd St, Newark, OH 43055-5441
      View Details
    • Value Estimation by Request
      1,680 SF

      400 Seroco Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,680 SF
      400 Seroco Ave, Newark, OH 43055-4013
      View Details
    • Value Estimation by Request
      768 SF

      1178 Hollander St

      RETAIL STORES (PERSONAL SERVICES) • 768 SF
      1178 Hollander St, Newark, OH 43055-6043
      View Details
    • Value Estimation by Request
      1,254 SF

      41 Church St

      RETAIL STORES (PERSONAL SERVICES) • 1,254 SF
      41 Church St, Newark, OH 43055-5662
      View Details

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    Similar Nearby for Lease

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      Retail spaces available in Newark, offering accessibility and visibility.
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    • $21 SF/Yr
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      Revived Retail Space Available

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    11 Waterworks Rd
    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
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