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Property profile & analytics
OFF-MARKET
Warehouses

1755 Mt Vernon Rd Newark, OH 43055-3466

1,170 SF 1.21 ac lot Built 1920
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-0078048
Property summary
AI-generated overview

This exceptional 10,500-square-foot special purpose property at 1755 Mount Vernon Road, Newark, OH 43055, offers a unique opportunity for businesses seeking high visibility and strategic location. Situated on State Route 13, this single-tenant building boasts a prominent position near the INTEL campus, a center for technological advancement. The property features a 1.21-acre lot (APN: 058-286554-00.000) and benefits from an impressive daily traffic count of 13,840 vehicles, ensuring maximum brand exposure. The building includes warehouse and office space, ideal for a variety of uses. Its location provides excellent access to signage opportunities, including a digital billboard, further enhancing marketing potential. The property is available for lease in its entirety or potentially as partial space. The annual lease rate is $5 per square foot, NNN. This property presents a compelling opportunity to establish a strong presence in a thriving technological hub. The cross street is Gregory. The property is easily accessible and offers significant advantages for businesses seeking visibility and proximity to a major technology employer. The building consists of one suite.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1920
Total area 1,170 SF
Lot 1.21 ac (52,708 SF)
APN 058-286554-00.000
UPID US66-0078048
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
  • True North Hardware & Home Improvement HVAC Service
  • True North Heating Cooling Electric Solar Hardware & Home Improvement HVAC Service
  • Service Master Electric Electrical Service General Contractor
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
Victory Estates LLC · 3 yrs held
Victory Estates LLC
since 2023
4 recorded transactions
2023
Price N/A
2017
Price N/A
2005
Price N/A
2004
$120,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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