Financial
Distress signals
Property profile

5 3rd St Newark, OH 43055

OFF-MARKET
Retail space
Property ID
US66-1501780
3,896 SF 0.05 ac lot Built 1910
Last sale Feb 2025 · $563,200
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional mixed-use property, situated on a prominent corner lot in historic downtown Newark, Ohio, presents a unique investment opportunity. The three-story building boasts a total of 11,088 square feet and sits on a 0.08-acre lot overlooking the courthouse square. The ground floor currently houses Mariposa Mexican Cuisine, providing immediate income potential. Significant recent improvements have been made to the second floor, featuring a large, open 2,772 square foot space with

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$66k
Assessed land$16k
Assessed improvement$50k
Effective rate4.34%

Value estimate

· Sep 2026
$400k
$360k – $440k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office9.4
Parking Facility9.8
Computer & Electronic Repair8.3

Location

5 3rd St Newark, OH 43055-5506
County assessor Recorded deeds · 7 transfers Comp sales · not on file 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 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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