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Property profile & analytics
OFF-MARKET
Banks
150 Main St Newcomerstown, OH 43832-1041
Individually Owned
3-yr Hold
Free & Clear
Property ID
US66-4268806
Property summary
AI-generated overview
This stunning 7,897 square foot Romanesque-style building is located at 150 W Main Street in Newcomerstown, Ohio, a town rich in history as the birthplace of Woody Hayes and Cy Young. The property sits on a 0.36-acre lot in a revitalized downtown area, boasting heavy foot traffic and a prime retail corridor location. Currently vacant, this former bank branch offers a unique opportunity for a variety of uses. Key features include a drive-thru, a secure vault, and ample space for various configurations. The main floor is ideal for a restaurant, sports bar, or distillery, while the upper and lower levels offer potential for office rentals. The building has recently undergone power washing. The second floor currently has enclosed space behind walls
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1980
Lot
0.23 ac (9,900 SF)
APN
45-01727.000
UPID
US66-4268806
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Chase Mortgage Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hyung Goo Kim · 3 yrs held
Hyung Goo Kim
since 2023
Last sale
$120,110
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newcomerstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newcomerstown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$577
Tax year 2023
Assessed value
$35,000
Assessed 2023
Previous assessed
$12,250
+185.7% YoY
Effective rate
1.65%
On assessed value
Assessed land
$18,870
Assessed improvement
$16,130
Land market value
$18,870
Improvement market value
$16,130
Total market value
$35,000
Applied tax rate
45.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1980
Heating
NONE
Lot
0.23 ac (9,900 SF)
APN
45-01727.000
UPID
US66-4268806
Jurisdiction
TUSCARAWAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Lot
0.23 ac
Current owner
From public records · entity-resolved
Hyung Goo Kim
Individual
Free & Clear · 3 yrs held
Mailing address
159 DAVIDSON RD #867, PISCATAWAY, NJ 08854-8204
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2023
$120,110
Hyung Goo Kim
Jpmorgan Chase Bank
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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