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    Property profile & analytics

    1040 Newark Rd Mount Vernon, OH 43050-4633

    • Warehouses
    • 1,092 SF
    • 2.50 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Feb 26, 2024
    Location Intelligence
    Property ID
    US66-3048279
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 1040 Newark Rd

    Year built
    1930
    Construction
    FRAME
    Lot size
    2.50 lot acres
    Property size
    1,092 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    66-01962.000
    APU
    6601962000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Knox
    State
    Ohio
    Longitude
    -82.4799
    Latitude
    40.3684
    CBSA code
    34540
    CBSA name
    MOUNT VERNON, OH MICROPOLITAN 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
    $2,832
    $15,870
    $40,730
    $56,600
    -
    $45,340
    $116,370
    $161,710

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      162 Columbus Rd

      MINI-WAREHOUSE, STORAGE • 0.14 Acres
      162 Columbus Rd, Mount Vernon, OH 43050-4039
      View Details
    • Value Estimation by Request
      0.14 Acres

      615 Main St

      MINI-WAREHOUSE, STORAGE • 0.14 Acres
      615 Main St, Mount Vernon, OH 43050
      View Details
    • Value Estimation by Request
      0.10 Acres

      601 Howard St

      MINI-WAREHOUSE, STORAGE • 0.10 Acres
      601 Howard St, Mount Vernon, OH 43050-3709
      View Details
    • Value Estimation by Request
      800 SF

      105 Lamartine St

      MINI-WAREHOUSE, STORAGE • 800 SF
      105 Lamartine St, Mount Vernon, OH 43050-1717
      View Details
    • Value Estimation
      $240,000
      5,996 SF

      9105 Columbus Rd

      MINI-WAREHOUSE, STORAGE • 5,996 SF
      9105 Columbus Rd, Mount Vernon, OH 43050-4408
      View Details
    • Value Estimation by Request
      1,800 SF

      309 Pleasant St

      MINI-WAREHOUSE, STORAGE • 1,800 SF
      309 Pleasant St, Mount Vernon, OH 43050
      View Details

    Similar Nearby for Sale

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      Mount Vernon Commercial Garage Warehouse

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    • $479,900

      Downtown Mount Vernon Office Space

      Prime Office Building, 3464 sq ft
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      Prime Mount Vernon Building Lot

      Wooded .6 acre lot, ideal location
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    Similar Nearby for Lease

    • $3 SF/Yr
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    • $3 SF/Yr
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    • $301 /Mo
      2,870 SF

      Mount Vernon Industrial Flex Space

      2,870 SF Flex Space, 5 Acres
      8684 Columbus Rd, Mount Vernon, OH 43050
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    • $0.02 SF/Yr
      9,870 SF

      Coshocton Avenue Retail Space

      Prime Mount Vernon Retail Opportunity
      1650 Coshocton Ave, Mount Vernon, OH 43050
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    • Contact for pricing
      1,450 SF

      Retail Space in Busy Center

      Retail space for lease in high-traffic Mt Vernon location.
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    • $2,432 /Mo
      5,920 SF

      Prime Mount Vernon Commercial Garage

      5,920 sq ft warehouse, 50 parking spaces
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      View Details
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    1040 Newark Rd
    Mount Vernon, OH 43050-4633
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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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