40 MARTIN LUTHER KING DR
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Location
40 MARTIN LUTHER KING DR
Mblu
C7D/ 33/ / /
Acct#
61500040
Owner
MCDONALDS REAL ESTATE CO
Total Market Value
$712,390
Appraisal
$1,017,700
PID
1047
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2022$645,400$372,300$1,017,700
Assessment
Valuation YearImprovementsLandTotal
2022$451,780$260,610$712,390

Owner of Record
OwnerMCDONALDS REAL ESTATE CO
Co-Owner
AddressPO BOX 182571
COLUMBUS, OH 43218-2571
Sale Price$538,000
Certificate
Book & Page 1770/0583
Sale Date06/11/2009
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MCDONALDS REAL ESTATE CO$538,000 1770/05830006/11/2009
WP NB ASSOCIATES LP$9,600,000 1707/00722706/13/2007
NEWBRITE ASSOC LTD PTRNSHIP$0 1707/0070 06/13/2007
NEWBRITE ASSOC LTD PTRNSHIP$0 1225/0870 06/26/1996
NEWBRITE ASSOC LTD PTRNSHIP$0 0801/1061 07/31/1984
 $0 0801/1057 07/31/1984
 $0 0801/1056 07/31/1984
 $0 0801/1051 07/31/1984
SAMUEL HEYMAN$0 0732/1096 01/23/1978
SAMUEL HEYMAN & PANTLIN &$0 0732/1092 01/23/1978
 $0 0732/1090 01/23/1978

Building Information
Building 1 : Section 1
Year Built: 2006
Living Area: 2,971
Replacement Cost: $692,989
Building Percent Good: 93
Replacement Cost
Less Depreciation:
$644,500
Building Attributes
FieldDescription
Style:Fast Food Rest
ModelComm/Ind
GradeB+
Stories:1
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Ceram Clay Til
Interior Floor 2 
Central HeatYes
AC TypeCentral
Bldg UseRest/Clubs MDL-94
Apt Units 
Total Bedrms00
Total Baths0
Comm Units1
Ind Units 
1st Floor Use:3260
Heat/ACHeat/AC Pkgs
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallSus-Ceil & WL
Rooms/PrtnsAverage
Wall Height10.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,971 2,971
SLBSlab 2,971 0
   5,942 2,971

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
DUW1Drive-Up Windw1.00 Units$13,0001

Land
Land Use
Use Code3260
DescriptionRest/Clubs MDL-94  
ZoneCBD
Neighborhood105M
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.66
Depth
Total Market Land$260,610
Appraised Value$372,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asphalt  15000.00 S.F.$27,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$645,400$372,300$1,017,700
2024$645,400$372,300$1,017,700
2023$645,400$372,300$1,017,700

Assessment
Valuation YearImprovementsLandTotal
2025$451,780$260,610$712,390
2024$451,780$260,610$712,390
2023$451,780$260,610$712,390

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