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    Property profile & analytics

    88 2nd St Newark, OH 43055-5417

    • Warehouses
    • 2,080 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Last Sale
    Mar 26, 2024
    Location Intelligence
    Property ID
    US66-2505128
    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

    • Gutridge / Hvac Contractor / Electrician

    Property Details for 88 2nd St

    Year built
    1970
    Lot size
    0.19 lot acres
    Property size
    2,080 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    054-203142-00.000
    APU
    5420314200000

    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
    -82.3991
    Latitude
    40.0552
    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
    $3,209
    $17,640
    $42,600
    $60,240
    -
    $50,400
    $121,700
    $172,100

    Comparable in this City

    • Value Estimation by Request
      0.41 Acres

      45 Sandalwood Dr

      MINI-WAREHOUSE, STORAGE • 0.41 Acres
      45 Sandalwood Dr, Newark, OH 43055
      View Details
    • Value Estimation
      $850,000
      2,847 SF

      726 Rice St

      MINI-WAREHOUSE, STORAGE • 2,847 SF
      726 Rice St, Newark, OH 43055-3862
      View Details
    • Value Estimation
      $395,000
      2,826 SF

      1001 Main St

      MINI-WAREHOUSE, STORAGE • 2,826 SF
      1001 Main St, Newark, OH 43055-8845
      View Details
    • Value Estimation
      $230,000
      5,946 SF

      1383 Main St

      MINI-WAREHOUSE, STORAGE • 5,946 SF
      1383 Main St, Newark, OH 43055-9045
      View Details
    • Value Estimation
      $395,000
      7,600 SF

      Mckinley Ave

      MINI-WAREHOUSE, STORAGE • 7,600 SF
      Mckinley Ave, Newark, OH 43055
      View Details
    • Value Estimation
      $210,000
      4,080 SF

      1242 Mt Vernon Rd

      MINI-WAREHOUSE, STORAGE • 4,080 SF
      1242 Mt Vernon Rd, Newark, OH 43055-3037
      View Details

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    Similar Nearby for Lease

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      4,000 SF

      Versatile Office/Warehouse Space Available

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      View Details
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      3,600 SF flex/warehouse space with offices and garage doors.
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    • $7 SF/Yr
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      Industrial Warehouse Space in Newark

      5,700 SF industrial space with highway access in Newark, OH.
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    • $4,375 /Mo
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      Warehouse and Office Space Newark

      10,500 sq ft warehouse and 2070 sq ft office.
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    • $2,495,000
      40,514 SF

      Industrial Facility For Lease

      40,514 SF industrial facility suitable for warehouse, distribution, manufacturing.
      1845 W Main St, Newark, OH 43055
      View Details
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    88 2nd St
    Newark, OH 43055-5417
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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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