Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1401 Mt Vernon Rd Newark, OH 43055

    • Automotive properties
    • 8,500 SF
    • 1.70 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Sep 12, 2022
    Location Intelligence
    Property ID
    US66-1388223
    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

    • Automotive properties

    Property Details for 1401 Mt Vernon Rd

    Year built
    1987
    Lot size
    1.70 lot acres
    Property size
    8,500 SF
    Property type
    Automotive properties
    APN
    054-269934-00.003
    APU
    5426993400003

    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
    -82.4239
    Latitude
    40.0956
    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
    $8,504
    $124,950
    $81,130
    $206,080
    -
    $357,000
    $231,800
    $588,800

    Comparable in this City

    • Value Estimation by Request
      480 SF

      36 Un St

      VEHICLE SALES, RENTALS • 480 SF
      36 Un St, Newark, OH 43055-3904
      View Details
    • Value Estimation by Request
      640 SF

      217 Williams St

      VEHICLE SALES, RENTALS • 640 SF
      217 Williams St, Newark, OH 43055-3974
      View Details
    • Value Estimation
      $300,000
      10,895 SF

      1535 Church St

      VEHICLE SALES, RENTALS • 10,895 SF
      1535 Church St, Newark, OH 43055-1563
      View Details
    • Value Estimation
      $290,000
      2,759 SF

      160 Main St

      VEHICLE SALES, RENTALS • 2,759 SF
      160 Main St, Newark, OH 43055-5008
      View Details
    • Value Estimation by Request
      14,794 SF

      1425 Mt Vernon Rd

      VEHICLE SALES, RENTALS • 14,794 SF
      1425 Mt Vernon Rd, Newark, OH 43055-3165
      View Details
    • Value Estimation
      $630,000
      22,760 SF

      1475 Mt Vernon Rd

      VEHICLE SALES, RENTALS • 22,760 SF
      1475 Mt Vernon Rd, Newark, OH 43055-3165
      View Details

    Similar Nearby for Sale

    • $575,000
      3,911 SF

      Downtown Newark Office Building

      Historic office building with parking in vibrant downtown location.
      126 W Church St, Newark, OH 43055
      View Details
    • $2,515,000
      10,242 SF

      Newark CVS Pharmacy Investment

      High-yield, NNN-leased CVS pharmacy.
      955 21St St, Newark, OH 43055
      View Details
    • $849,000
      16,600 SF

      Multi-Tenant Income Property For Sale

      16,600 SF multi-tenant property with long-term tenants.
      951 Buckeye Ave, Newark, OH 43055
      View Details
    • $649,900
      8,316 SF

      Historic Downtown Newark Mixed-Use Property

      Three-story property in historic downtown Newark with multiple business possibilities.
      5 N 3Rd St, Newark, OH 43055
      View Details
    • $249,900
      1,984 SF

      Turnkey Restaurant Opportunity For Sale

      Turnkey restaurant with equipment included, subdivision potential, high visibility.
      391 W Main St, Newark, OH 43055
      View Details
    • $175,000
      3,950 SF

      Established Pizza Business Opportunity

      Thriving pizza business with loyal customer base and growth potential.
      318 Hudson Ave, Newark, OH 43055
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      6,500 SF

      Retail Space with Renovation Scheduled

      Retail space for lease with upcoming facade remodel and parking.
      1012-1066 Mount Vernon Rd, Newark, OH 43055
      View Details
    • Contact for pricing
      3,200 SF

      Adaptable Space for Lease

      3,200 SF space ideal for bar or restaurant.
      22 N Park Pl, Newark, OH 43055
      View Details
    • $12 SF/Yr
      5,620 SF

      Established Bar with Patio, Parking

      2340 SF bar with patio and off-street parking.
      146 Union St, Newark, OH 43055
      View Details
    • $975 /Mo
      6,400 SF

      Versatile Space in Newark, OH

      Move-in-ready space suitable for retail, office, or service-based businesses.
      124 S 30Th St, Newark, OH 43055
      View Details
    • Contact for pricing
      8,872 SF

      Retail Space in Newark, Ohio

      Retail spaces available in Newark, offering accessibility and visibility.
      1640-1680 N 21St St, Newark, OH 43055
      View Details
    • $3 SF/Yr
      50,000 SF

      Creative Space in Newark Station

      Transformed warehouse offering creative spaces, retail, and dining options.
      325 W Main St, Newark, OH 43055
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1401 Mt Vernon Rd
    Newark, OH 43055
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.