1821 Mount Vernon Rd Newark, OH 43055
For Sale
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ODOT says 14,552 vehicles pass by this property daily. Zoned HB Commercial & includes 2.7 acres, plus a 3-bedroom home. The barn has been removed. It can be purchased with Reserve ''B'' (3.13 acres listed at $650,000 MLS# 221021122) for a total of 5.83 acres & 632' of Route 13 road frontage zoned HB Commercial for $1,350,000. All utilities available for both parcels. Located in front of established Gregory Park subdivision & along Route 13 (296.25' of main road frontage) & near N. 21st. St. in North Newark. Road frontage along Mt. Vernon Rd. and Gregory Drive. Possible uses include banks, office buildings, medical offices, strip center, restaurants, assisted living facility, and more! The renovated house features gorgeous woodwork, large rooms, 200 amp electric service & updated wiring, & 1,764 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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