Financial
Distress signals
Property profile

608 State St Painesville, OH 44077

OFF-MARKET
Manufacturing properties
Property ID
US66-2605278
9,600 SF 4.26 ac lot Built 1970
Last sale Jan 2024 · $1,695,900
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$75k
Tax billed · 2023
Assessed value$749k
Assessed land$59k
Assessed improvement$690k
Effective rate10.03%

Value estimate

· Sep 2026
$1.70M
$1.53M – $1.86M
AI approach$1.70M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$44/SF
Submarket average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$30 – $64
Qualifying comparables5

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 agency13.5
HVAC Service11.2
Auto Parts Store10.6

Location

608 State St Painesville, OH 44077
County assessor Recorded deeds · 10 transfers 5 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
380 Prospect, Painesville, OH 44077-3258 $250,000 Feb 2026 12,570 SF
383 Fountain, Painesville, OH 44077-1209 $510,000 Apr 2024 11,540 SF
244 Latimore, Painesville, OH 44077-3903 $200,000 Mar 2024 7,158 SF
55 Florence, Painesville, OH 44077-1103 $749,000 Feb 2023 12,688 SF
289 Ee, Painesville, OH 44077 $5,350,000 Jan 2021 19,622 SF
786 Hardy, Painesville, OH 44077-4521 $2,480,000 Nov 2020 4,220 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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