Property profile

Mt Vernon Rd Newark, OH 43055

OFF-MARKET
Community centers
Property ID
US66-3011025
10,101 SF 4.26 ac lot Built 1964
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1964
Total area 10,101 SF
Lot 4.26 ac (185,566 SF)
APN 054-270666-00.000
UPID US66-3011025

Cap rate & NOI

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

Location

Mt Vernon Rd Newark, OH 43055
Newark metro Census 751900 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$645k
Comparable Approach Comparable
$539k
Blend (final) Blend
$595k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Industrial (general) $915,000 +205.5%
Commercial (general) $885,000 +196.7%
Restaurant $840,000 +181.3%

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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