Property profile

1215 Drexel Ave Newark, OH 43055

OFF-MARKET
Apartment buildings
Property ID
US66-2415226
1,344 SF 3.25 ac lot Built 1975
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1975
Total area 1,344 SF
Lot 3.25 ac (141,570 SF)
APN 054-270030-00.000
UPID US66-2415226

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1215 Drexel Ave Newark, OH 43055-4775
Newark metro Census 751600 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2004
4 recorded transactions
2025
Price N/A
2010
Price N/A
2004
$1.4M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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