Financial
Distress signals
Property profile

119 Jennings Ave Salem, OH 44460

FOR LEASE
Retail space
Property ID
US66-1259516
5,220 SF 0.12 ac lot Built 1960
Last sale Jan 2025 · $246,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$2k
Tax billed · 2023
Assessed value$47k
Assessed land$5k
Assessed improvement$42k
Effective rate4.80%

Value estimate

· Sep 2026
$285k
$257k – $314k
AI approach$245k
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$5k
Operating expenses−$10k
NOI · 4,545,576.92% cap applied$24k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$42/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$21 – $62
Qualifying comparables10

Cap rate analysis

How does the asset earn?
4,545,576.92%
$24k 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.

JurisdictionCOLUMBIANA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand index
Dental Office20.7
Realty agency19.4
Electrical Service11.6

Location

119 Jennings Ave Salem, OH 44460
County assessor Recorded deeds · 1 transfer 10 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
339 Broadway, Salem, OH 44460-3005 $350,000 Jan 2026 5,000 SF
553 State, Salem, OH 44460-2932 $150,000 Jul 2025 5,000 SF
378 State, Salem, OH 44460-2847 $130,000 Jan 2025 5,600 SF
130 Broadway, Salem, OH 44460-3002 $300,000 Feb 2024 5,544 SF
2203 State Rte 45th S, Salem, OH 44460-9456 $256,000 Dec 2023 4,800 SF
138 Broadway, Salem, OH 44460-3002 $125,000 May 2022 4,446 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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