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Property profile

225 South 21St St Newark, OH 43055

FOR LEASE
Retail space
Property ID
US66-2701364
6,951 SF 1.18 ac lot Built 2004
Last sale Jan 2004 · $375,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

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?
$11k
Tax billed · 2023
Assessed value$266k
Assessed land$129k
Assessed improvement$137k
Effective rate4.12%

Value estimate

· Oct 2026
$250k
$225k – $275k
Submarket $/SF estimate$717k
NOI build-up
Gross scheduled income$41k
Vacancy & credit loss−$1k
Operating expenses−$12k
NOI · 227,791.67% cap applied$27k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$26 – $103
Qualifying comparables5

Cap rate analysis

How does the asset earn?
227,791.67%
$27k 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 agency23.4
Law Firm20.7
Pharmacy12.2

Location

225 South 21St St Newark, OH 43055
County assessor Recorded deeds · 2 transfers 5 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
83 5th, Newark, OH 43055-5354 $35,000 Feb 2025 4,784 SF
176 Hudson, Newark, OH 43055-5750 $535,000 Jan 2025 6,559 SF
68 Church, Newark, OH 43055-5044 $1,000,000 Jul 2024 10,735 SF
11 Park, Newark, OH 43055-5505 $400,000 Jun 2024 10,530 SF
971 Mt Vernon, Newark, OH 43055-4728 $590,000 Feb 2024 9,160 SF
692 Church, Newark, OH 43055-4269 $360,000 Jan 2024 10,820 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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