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Property profile & analytics
FOR LEASE
Parking lots & garages
68 West Church St Newark, OH 43055
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-0587442
For Lease
$10 SF/Yr
68 West Church St, Newark, OH 43055
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1978
Lot
0.08 ac (3,659 SF)
APN
054-263868-00.000
UPID
US66-0587442
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
MORRIS & ASSOCIATES, INC. Land Surveyor
-
PNC Bank ATM Atm
-
Ms. Claire Robitaille Physician Medical Clinic
-
Teresa Key-Piciucco Psychologist Counselor
-
ViaQuest Residential Services Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.00M
Owner & transaction history
68 W Church LLC · 2 yrs held
68 W Church LLC
since 2024
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newark submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$722
Tax year 2023
Assessed value
$13,550
Assessed 2023
Previous assessed
$6,480
+109.1% YoY
Effective rate
5.33%
On assessed value
Assessed land
$12,080
Assessed improvement
$1,470
Land market value
$34,500
Improvement market value
$4,200
Total market value
$38,700
Applied tax rate
54.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
For Lease
Year built
1978
Heating
NONE
Lot
0.08 ac (3,659 SF)
APN
054-263868-00.000
UPID
US66-0587442
Jurisdiction
LICKING
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Lot
0.08 ac
Current owner
From public records · entity-resolved
68 W Church LLC
Entity
Mailing address
10 N HIGH ST STE #401, COLUMBUS, OH 43215-3497
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2026
—
68 W Church LLC
—
Deed
related
$1,250,000 · The Vinton County National Bank
Jul 15, 2024
$1,000,000
68 W Church LLC
Wango Limited
Limited Warranty Deed
$500,000 · Riverside Bank Of Dublin
Jan 10, 2020
—
City Of Newark
Ndp-west Church LLC
Warranty Deed
—
Sep 10, 2019
$40,000
Ndp-west Church LLC
Wango Ltd
Warranty Deed
—
Jul 1, 2005
$1,800,000
Wango Ltd
National City Bank
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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