Mount Vernon

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5929 Newark Rd, Mount Vernon, OH 43050

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Site Name

5929 Newark Rd, Mount Vernon, Oh 43050

Current Infrastructure

Cell Towers

SiteBid ID #

492535

Published Date

May 6, 2024

Modified Date

May 6, 2024

Data Accuracy

0.000

Site Description

5929 Newark Rd, Mount Vernon, Oh 43050 is a Agricultural property with a cell tower antenna structure. The site offers a 1305972 sqft lot area and has a Knox County APN # of 50-00002.000. See the wireless lease estimate for this site and search for cell towers nearby.

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Site Name

5929 Newark Rd, Mount Vernon, Oh 43050

Address

5929 Newark Rd

County of Record

Knox County

City

Mount Vernon

State / Province

Zip Code

43050

Latitude:

40.317491

Longitude:

-82.46547

Country

United States

Parcel # (APN)

50-00002.000

FIPS Code

39,083

Census Tract

39,083,007,400

Census Data

The property located at 5929 Newark Rd is situated in Knox County, Ohio and has a block FIPS # of 390830074003015. Here is the most recent census data from the 2020 US Census report:

Block FIPS: 390830074003015

County FIPS: 39083

County Name: Knox County

State FIPS: 39

State Name: Ohio

Block Population (2020): 24

AMT: AMT004

BEA: BEA051
BTA: BTA095
CMA: CMA590
EAG: EAG702
IVM: IVM590
MEA: MEA014
MTA: MTA038
PEA: PEA134
REA: REA003
RPC: RPC003
VPC: VPC004

Lot Area

1,305,972.00sq. ft.

# of Buildings

Technology & Infrastructure

All Sites, Antenna Structure, Verified

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Net Income

Cap Rate Range (%)

Market Lease Comparables

Sale Value Range ($)

Estimated Utility Lease Rates

Estimated Utility Lease Sale Valuation

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Infrastructure Investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier-1 tenants (AT&T, Verizon, T-Mobile, etc.). Depending on the terms of the lease, the lease buyout valuations can range drastically between 16x-20x the annual lease rate for lump-sum payments and 18x-25x for structured payments.