Financial
Distress signals
Property profile

1968 Rdg Rd Painesville, OH 44077

OFF-MARKET
Retail space
Property ID
US66-2425595
2,340 SF 0.64 ac lot Built 1950
Last sale Feb 2023 · $68,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$1k
Tax billed · 2023
Assessed value$14k
Assessed land$7k
Assessed improvement$7k
Effective rate8.73%

Value estimate

· Sep 2026
$80k
$72k – $88k
AI approach$65k

Realmo valuation models over county records and 3 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 comparables3

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?
R-1
R-1 Single Family Residential R1-60 Single Family Residential R-2 Multi-Family Residential B-1 Business/Residential B-2 General Business ...
General categoryRESIDENTIAL
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 agency18.0
Pharmacy11.2
Wholesale Shop11.0

Location

1968 Rdg Rd Painesville, OH 44077-4851
County assessor Recorded deeds · 6 transfers 3 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
247-249 Hillside, Painesville, OH 44077 $60,150 Oct 2024 1,769 SF
70 Richmond, Painesville, OH 44077-3252 $500,000 May 2024 1,920 SF
202 High, Fairport Harbor, OH 44077-5849 $9,000 Dec 2023 2,691 SF
1160 Mentor, Painesville, OH 44077-1851 $120,000 Oct 2023 1,992 SF
1525 Madison, Painesville, OH 44077-6312 $140,000 Dec 2021 2,160 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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