Property profile

29 Locust St Newark, OH 43055

OFF-MARKET
Office buildings
Property ID
US66-2510416
6,842 SF 0.46 ac lot Built 2013
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2013
Total area 6,842 SF
Lot 0.46 ac (19,820 SF)
APN 054-201588-00.000
UPID US66-2510416

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

29 Locust St Newark, OH 43055-5510
Newark metro Census 759000 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$755k
Blend (final) Blend
$275k

Owner & transaction history

since 2015
7 recorded transactions
2015
Price N/A
2013
Price N/A
2013
$214,300
2013
$205,000
2009
Price N/A
2007
$100,000
2007
$200,000

Zoning & alternative use

Top alternative use upside
Restaurant $705,000 +7.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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