Financial
Distress signals
Property profile

402 S Elmwood Ave Medina, OH 44256

FOR LEASE
Retail space
Property ID
US66-2069259
2,622 SF 0.11 ac lot Built 2021
Last sale May 2024 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years.
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Market Trends Soon

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?
$750
Tax billed · 2023
Assessed value$164k
Assessed land$13k
Assessed improvement$151k
Effective rate0.46%

Value estimate

· Sep 2026
$700k
$630k – $770k
AI approach$700k
Submarket $/SF estimate$551k
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$642
Operating expenses−$4k
NOI · 150.35% cap applied$10k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$143/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$65 – $210
Qualifying comparables9

Cap rate analysis

How does the asset earn?
150.35%
$10k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMEDINA

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
Restaurant11.8
Nail Salon11.8
Hair Salon11.3

Location

402 S Elmwood Ave Medina, OH 44256
County assessor Recorded deeds · 4 transfers 9 qualifying comp sales Zoning catalog · not on file

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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
930 Ct, Medina, OH 44256-1516 $590,000 Aug 2024 2,444 SF
540 Blake, Medina, OH 44256-2309 $360,000 Jul 2024 2,988 SF
740 Liberty, Medina, OH 44256-2227 $1,200,000 Aug 2023 3,314 SF
721 Jefferson, Medina, OH 44256-1755 $400,000 Oct 2022 1,960 SF
378 Lafayette, Medina, OH 44256-2360 $272,000 Jul 2022 2,458 SF
322 Smith, Medina, OH 44256-2634 $169,000 Aug 2021 2,761 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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