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Financial
Distress signals
Property profile

1500 E Main St Newark, OH 43055

FOR LEASE
Office buildings
Property ID
US66-1501121
163,114 SF 21.5 ac lot Built 1996
Last sale Dec 2017 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a seven-story Class A office building known as “The Basket,” providing approximately 180,000 square feet of office space on a 21.5-acre site. The building includes a large 30,000-square-foot atrium configured as a central interior gathering and collaboration space. It has visibility from Ohio Route 16 and is located within about 30 minutes of Columbus, with proximity to The Virtues Golf Club.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$42k
Tax billed · 2023
Assessed value$1.40M
Assessed land$315k
Assessed improvement$1.09M
Effective rate3.00%

Value estimate

· Oct 2026
$4.47M
$4.02M – $4.92M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$96/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$40 – $110

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLICKING

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.2
HVAC Service9.2
Storage Facility8.7

Location

1500 E Main St Newark, OH 43055
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
59 Grant, Newark, OH 43055-3939 $1,250,000 Dec 2022 16,792 SF
2112 Cherry Vly, Newark, OH 43055-1323 $725,000 Mar 2022 10,752 SF
2040 Cherry Vly, Newark, OH 43055-1105 $47,500 Feb 2021 15,813 SF
22 1st, Newark, OH 43055-5608 $1,400,000 Dec 2020 42,103 SF
1478 Main, Newark, OH 43055-3687 $950,000 Dec 2019 9,636 SF
20-24 1st S, Newark, OH 43055 $325,000 Dec 2018 12,865 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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