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Financial
Distress signals
Property profile

1845 N 21St St Newark, OH 43055

FOR SALE
Car washes
Property ID
US66-1381413
5,896 SF 0.79 ac lot Built 1994
Last sale Dec 2018 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 5,896 square foot mixed-use property sits on a 0.79-acre corner lot at 1845 N 21st Street in Newark, Ohio. Its strategic location directly off the heavily trafficked State Route 13 places it within a desirable business district, experiencing significant growth fueled by the proximity to the new Intel plant in nearby New Albany (only 22 miles away). The property's current configuration includes a fully operational car wash, with all equipment included in the sale price of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$350k
Assessed land$83k
Assessed improvement$267k
Effective rate4.32%

Value estimate

· Oct 2026
$265k
$239k – $292k
Submarket $/SF estimate$730k
NOI build-up
Gross scheduled income$129k
Vacancy & credit loss−$31k
Operating expenses−$29k
NOI · 7.61% cap applied$69k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$31 – $124
Qualifying comparables3

Cap rate analysis

How does the asset earn?
7.61%
$69k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency15.3
Dental Office13.4
Law Firm12.5

Location

1845 N 21St St Newark, OH 43055
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
334 30th, Newark, OH 43055-1240 $200,000 Feb 2026 2,760 SF
906 Sharon Vly, Newark, OH 43055 $93,000 May 2025 2,598 SF
824 Mt Vernon, Newark, OH 43055 $1,100,000 Oct 2024 3,264 SF
320 Cedar Run, Newark, OH 43055 $55,000 Oct 2023 2,208 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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