Financial
Distress signals
Property profile

1505 Madison Ave Painesville, OH 44077

OFF-MARKET
Retail space
Property ID
US66-1456007
3,712 SF 0.57 ac lot Built 1972
Last sale Mar 2023 · $70,000
Trust Owned Owner of record is a trust. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$8k
Tax billed · 2023
Assessed value$85k
Assessed land$22k
Assessed improvement$63k
Effective rate9.39%

Value estimate

· Sep 2026
$75k
$68k – $83k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$39/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$20 – $60
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2
JurisdictionLAKE

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
Restaurant11.3
Hair Salon11.2
Spa & Massage11.0

Location

1505 Madison Ave Painesville, OH 44077-5115
County assessor Recorded deeds · 6 transfers 12 qualifying comp sales Zoning catalog

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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
116 Richmond, Painesville, OH 44077 $250,000 May 2025 3,220 SF
2205 Mentor, Painesville, OH 44077-1324 $49,000 Feb 2025 4,554 SF
701 Ee, Fairport Harbor, OH 44077-5665 $100,000 Feb 2025 3,435 SF
202 High, Fairport Harbor, OH 44077-5849 $9,000 Dec 2023 2,691 SF
444 State, Painesville, OH 44077-4124 $250,000 Oct 2022 3,600 SF
1450 Jackson, Painesville, OH 44077-1308 $147,000 Oct 2021 4,500 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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