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Property profile & analytics
OFF-MARKET
Commercial real estate
204 Main St Newcomerstown, OH 43832
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-1534229
Property summary
AI-generated overview
This exceptional investment opportunity presents a mixed-use property located at 204 W Main Street in Newcomerstown, Ohio. The property encompasses two established commercial storefronts and four currently rented apartments, offering immediate cash flow. The apartments are all electric with baseboard heating, a system updated in 2015. The landlord currently covers water and sewer expenses. New flooring and a fresh coat of paint were also applied to the back three apartments in 2015. The storefront on the left boasts a new roof installed in 2016
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Total area
4,384 SF
Lot
0.23 ac (9,900 SF)
APN
45-00842.000
UPID
US66-1534229
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
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
216 W Main LLC · 1 yrs held
216 W Main LLC
since 2025
Last sale
$140,000
4 recorded transactions
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
$2,354
Tax year 2023
Assessed value
$136,980
Assessed 2023
Previous assessed
$136,980
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$18,870
Assessed improvement
$118,110
Land market value
$18,870
Improvement market value
$118,110
Total market value
$136,980
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
Similar Nearby for Lease
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1900
Heating
CENTRAL
Cooling
NONE
Stories
2
Total area
4,384 SF
Lot
0.23 ac (9,900 SF)
APN
45-00842.000
UPID
US66-1534229
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
1900
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
216 W Main LLC
Entity
Mailing address
312 HELLER DR, NEWCOMERSTOWN, OH 43832-1138
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
$140,000
216 W Main LLC
Dick E Moore
Warranty Deed
$120,000 · The Home Loan Savings Bank
Oct 4, 2016
$90,000
Dick E Moore
Eric A Baker
Survivorship Deed
$91,000 · First Federal Community Bank
Nov 24, 2015
$20,500
Eric A Baker
Sheriff Of Tuscarawas County
Trustees Deed
related
—
Aug 18, 1998
$55,000
David L Spring
Mcphers,walter N
Grant Deed
$64,000 · Huntington Natl Bank
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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