Financial
Distress signals
Property profile

27000 Richmond Rd Solon, OH 44139

OFF-MARKET
Other warehouses
Property ID
US66-2591435
23,940 SF 6.83 ac lot Built 1989
Last sale Jan 2025 · $1,530,000
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 flex space configuration providing approximately 2,500 square feet of interior area, with on-site parking and monument signage. It is positioned for access to major transportation routes including I-480, I-271, and SR-422. The property is scheduled for a series of improvements that include parking lot improvements, a comprehensive landscaping update, LED lighting installation, and interior painting, with work commencing in spring 2025.

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?
$49k
Tax billed · 2023
Assessed value$497k
Assessed land$136k
Assessed improvement$361k
Effective rate9.84%

Value estimate

· Sep 2026
$635k
$572k – $699k
CAP approach$1.84M
Submarket $/SF estimate$1.36M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$51/SF
Submarket average, outlier-cleaned · 762 recorded sales of this use type
Observed band · Q1–Q3$25 – $86
Qualifying comparables4

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?
I-1
The “I-1” (Warehousing and Assembling) Zoning District has been established to permit warehousing; low to moderate intensity assembling, ...
General categoryINDUSTRIAL
JurisdictionCUYAHOGA

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 agency17.6
Auto Parts Store12.1
Pharmacy11.5

Location

27000 Richmond Rd Solon, OH 44139-1016
County assessor Recorded deeds · 4 transfers 4 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
6575 Davis Industrial, Solon, OH 44139-3549 $8,400,000 Dec 2025 50,000 SF
29603 Hall, Solon, OH 44139-3948 $1,572,133 Sep 2024 40,040 SF
6481 Davis Industrial, Solon, OH 44139-3547 $2,000,000 Mar 2023 28,800 SF
33001 Solon, Solon, OH 44139-2839 $5,620,000 Mar 2022 59,470 SF
30355 Solon Industrial, Solon, OH 44139-4325 $965,000 Aug 2021 16,528 SF
29325 Aurora, Solon, OH 44139-1848 $1,225,000 Aug 2021 27,671 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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