Financial
Distress signals
Property profile

3619 Liberty Ave Vermilion, OH 44089

FOR SALE
Retail space
Property ID
US66-5220652
1,600 SF 0.64 ac lot
Last sale Nov 2021 · $155,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a stand-alone commercial storefront building constructed in 1989 and remodeled during a 2022 buildout. It features a wide stamped-concrete front porch and is situated on a corner lot with frontage on Liberty Avenue in Vermilion, Ohio. The building’s interior layout is divisible into two separate spaces that can support different tenants, and the current configuration has been built out for service use consistent with a tattoo parlor, while also providing an existing commercial…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$50k
Assessed land$20k
Assessed improvement$31k
Effective rate8.23%

Value estimate

· Sep 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$43k
Vacancy & credit loss−$2k
Operating expenses−$12k
NOI · 16.09% cap applied$29k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$46 – $125

Cap rate analysis

How does the asset earn?
16.09%
$29k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLORAIN

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant22.6
Building Supply19.2
Law Firm19.0

Location

3619 Liberty Ave Vermilion, OH 44089
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5645 Liberty, Vermilion, OH 44089-1125 $190,000 Jan 2025 1,587 SF
1605 Rdg, Vermilion, OH 44089-3509 $345,000 Oct 2024 1,148 SF
5415 Liberty, Vermilion, OH 44089-1333 $170,000 Apr 2024 1,232 SF
5571 Liberty, Vermilion, OH 44089-1309 $58,000 Feb 2024 1,250 SF
5312 Liberty, Vermilion, OH 44089-1332 $209,900 Apr 2022 2,456 SF
678 Main, Vermilion, OH 44089-1362 $120,000 Jan 2020 1,884 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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