125 Derby DownsNewark, OH 43055

  • Office properties
  • 8,310 SF
Off market
$591,593 Estimated

Property Details for 125 Derby Downs

Year built
2007
Lot size
0.76 AC
Property size (Sq ft)
8,310 SF
Property type
Office properties
Property subtype
Office buildings
APN
054-286452-00.081
APU
5428645200081

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,580,372
    6.5%
    $1,458,805
    7%
    $1,354,604
  • Comparable approach

    Method
    Valuation
    Relative Method
    $777,317
    Geo Method
    $777,317
  • Alternative Use

    Use
    Valuation
    Residential
    $1,808,918
    Hospitality
    $1,656,959
    Educational
    $1,378,571
    Medical
    $1,425,982
    Retail
    $2,144,443
125 Derby Downs, Newark, Ohio

Location Insight

City
Newark
County
Licking
State
Ohio
Latitude
40.0956
Longitude
-82.428
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $435,720
  • Assessed land value
    $53,200
  • Assessed value
    $488,920
  • Tax year
    2023
  • Tax bill
    $20,103

FAQs

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