2525 Mt VernonNewark, OH 43055

Property Details for 2525 Mt Vernon

Year built

1968

Lot size

2.67 AC

Property size (Sq ft)

22,888 SF

Property type

Retail properties

Property subtype

Other automotive properties

APN

059-297612-00.001

APU

5929761200001

• CAP approach

  CAP return

  Valuation

  6%

  $6,398,578

  6.5%

  $5,906,380

  7%

  $5,484,496

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,395,178

  Geo Method

  $5,395,178

• Alternative Use

  Use

  Valuation

  Residential

  $4,982,252

  Hospitality

  $4,563,716

  Educational

  $3,796,958

  Medical

  $3,927,542

  Retail

  $5,906,380

Location Insight

City

Newark

County

Licking

State

Ohio

Latitude

40.1248

Longitude

-82.4302

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $113,330
• Assessed land value
  $28,180
• Assessed value
  $141,510
• Tax year
  2023
• Tax bill
  $5,825

FAQs

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