Property profile

405 Newark Rd Mount Vernon, OH 43050

OFF-MARKET
Retail space
Property ID
US66-3001761
1,080 SF 0.21 ac lot Built 1945
Individually Owned Free & Clear
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Property summary

AI-generated overview

This two-story commercial building has a solid oak construction and hardwood floors. The main level includes a large open area, is plumbed for a kitchenette, and has a half bath, along with an expansive rear room suited for additional offices, storage, or work space. The upper level features a spacious loft area and a private office. A detached 4-car garage is included, with water and sewer access located near the garage. The property includes improvements consisting of a standing seam roof and an HVAC system that was in the process of being installed. The building is positioned along State Route 13 South, and the lot is large and level with abundant on-site parking, supporting a range of commercial uses. The interior layout provides flexibility for office and service functions and may be suitable for retail or studio use subject to applicable approvals.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Total area 1,080 SF
Lot 0.21 ac (9,278 SF)
APN 66-09358.000
UPID US66-3001761

Cap rate & NOI

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

Location

405 Newark Rd Mount Vernon, OH 43050-4511
Mount Vernon metro Census 7600 MOUNT VERNON, OH MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

since 2026
2 recorded transactions
2026
$106,513
2015
Price N/A

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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