1755 Mount Vernon RdNewark, OH 43055

  • Industrial properties
  • 1,170 SF
For Lease
$5/SF/YR View listing

Property Details for 1755 Mount Vernon Rd

Year built
1920
Lot size
1.21 AC
Property size (Sq ft)
1,170 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
058-286554-00.000
APU
5828655400000

Description

This exceptional 10,500-square-foot special purpose property at 1755 Mount Vernon Road, Newark, OH 43055, offers a unique opportunity for businesses seeking high visibility and strategic location. Situated on State Route 13, this single-tenant building boasts a prominent position near the INTEL campus, a center for technological advancement. The property features a 1.21-acre lot (APN: 058-286554-00.000) and benefits from an impressive daily traffic count of 13,840 vehicles, ensuring maximum brand exposure. The building includes warehouse and office space, ideal for a variety of uses. Its location provides excellent access to signage opportunities, including a digital billboard, further enhancing marketing potential. The property is available for lease in its entirety or potentially as partial space. The annual lease rate is $5 per square foot, NNN. This property presents a compelling opportunity to establish a strong presence in a thriving technological hub. The cross street is Gregory. The property is easily accessible and offers significant advantages for businesses seeking visibility and proximity to a major technology employer. The building consists of one suite.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $254,685
    Hospitality
    $233,290
    Educational
    $194,095
    Medical
    $200,770
    Retail
    $301,925
1755 Mount Vernon Rd, Newark, Ohio
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Location Insight

City
Newark
County
Licking
State
Ohio
Latitude
40.104
Longitude
-82.4267
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,640
$63,530
$129,150
$192,680
-
$181,500
$369,000
$550,500

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