Financial
Distress signals
Property profile

116 Richmond St Painesville, OH 44077

OFF-MARKET
Individual retail properties
Property ID
US66-2482450
3,220 SF 0.16 ac lot Built 1994
Last sale May 2025 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$9k
Tax billed · 2023
Assessed value$61k
Assessed land$8k
Assessed improvement$53k
Effective rate15.24%

Value estimate

· Sep 2026
$210k
$189k – $231k
AI approach$195k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
B-4
JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.1
Dental Office15.9
Spa & Massage14.8

Location

116 Richmond St Painesville, OH 44077
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1968 Rdg, Painesville, OH 44077-4851 $68,000 Mar 2025 2,340 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
1505 Madison, Painesville, OH 44077-5115 $70,000 Mar 2023 3,712 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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