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    Property profile & analytics

    2299 Cherry Valley Rd SE Newark, OH 43055

    • Hotels
    • 56,464 SF
    • 16.75 lot acres
    For Lease
    View listing
    $2,500 /Mo
    Value Estimation
    Location Intelligence
    Property ID
    US66-1824900
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • City Farm Supply / Farm
    • Mid-Ohio Fiber Fair / Handicraft Fair
    • Cherry Valley Hotel, BW Premier Collection / Hotel
    • Craftsman Kitchen & Terrace / American Restaurant
    • Ohio Event Center / Event Venue

    Property Details for 2299 Cherry Valley Rd SE

    Year built
    1993
    Lot size
    16.75 lot acres
    Property size
    56,464 SF
    Property type
    Hotels
    APN
    056-042864-00.003
    APU
    5604286400003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Licking
    State
    Ohio
    Longitude
    -82.4771
    Latitude
    40.0521
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $160,006
    $879,380
    $2,973,150
    $3,852,530
    -
    $2,512,500
    $8,494,700
    $11,007,200

    Comparable in this City

    • Value Estimation by Request
      47,495 SF

      500 Highland Blvd

      HOTEL • 47,495 SF
      500 Highland Blvd, Newark, OH 43055-2112
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    • Value Estimation by Request
      77,880 SF

      50 2nd St

      HOTEL • 77,880 SF
      50 2nd St, Newark, OH 43055-5622
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      $365,000
      16,283 SF

      176 Church St

      MOTEL • 16,283 SF
      176 Church St, Newark, OH 43055-4946
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    • Value Estimation
      $335,000
      5,040 SF

      1219 Church St

      MOTEL • 5,040 SF
      1219 Church St, Newark, OH 43055-2101
      View Details
    • Value Estimation
      $185,000
      1,460 SF

      3246 Loper NE Rd

      CAMPGROUND, RV PARK • 1,460 SF
      3246 Loper NE Rd, Newark, OH 43055-9784
      View Details
    • Value Estimation by Request

      249 Church St

      Multifamily properties
      249 Church St, Newark, OH 43055
      View Details

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    Similar Nearby for Lease

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    Property Visit Statistics

    • Visits by month
      15.0k
    • Visitors by month
      7.3k
    • Avg Time on site
      384 min
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    2299 Cherry Valley Rd SE
    Newark, OH 43055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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