2299 Cherry VlyNewark, OH 43055

  • Hospitality properties
  • 56,464 SF
Off market
$4,661,561 Estimated

Property Details for 2299 Cherry Vly

Year built
1993
Lot size
16.75 AC
Property size (Sq ft)
56,464 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
056-042864-00.003
APU
5604286400003

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,196,762
    6.5%
    $11,258,549
    7%
    $10,454,367
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,411,860
    Geo Method
    $12,411,860
  • Alternative Use

    Use
    Valuation
    Residential
    $12,291,065
    Hospitality
    $11,258,549
    Educational
    $9,366,981
    Medical
    $9,689,126
    Retail
    $14,570,859
2299 Cherry Vly, Newark, Ohio

Location Insight

City
Newark
County
Licking
State
Ohio
Latitude
40.0521
Longitude
-82.4771
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $2,973,150
  • Assessed land value
    $879,380
  • Assessed value
    $3,852,530
  • Tax year
    2023
  • Tax bill
    $160,006

Property Visit Statistics

  • Visits by month
    15.0k
  • Visitors by month
    7.3k
  • Avg Time on site
    384 min

FAQs

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