Financial
Distress signals
Property profile

1275 W Main St Bellevue, OH 44811

FOR SALE
Other warehouses
Property ID
US66-2866976
16,800 SF 3.61 ac lot Built 1974
Last sale Apr 2023 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 16,800-square-foot flex industrial property zoned B-2 General Commercial, including approximately 4,800 square feet of office space and 12,000 square feet of warehouse space. The building features ceiling heights ranging from 14 to 18 feet, and an electrical service rated at 100 amps at 240V 3-phase. The warehouse area is accessed via two drive-in doors. The property sits on 2.5 acres and provides secured vehicle parking, and it is located on State Route 20 in Northwest Ohio.

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?
$6k
Tax billed · 2023
Assessed value$100k
Assessed land$33k
Assessed improvement$67k
Effective rate6.12%

Value estimate

· Sep 2026
$470k
$423k – $517k
AI approach$615k
Submarket $/SF estimate$425k
NOI build-up
Gross scheduled income$108k
Vacancy & credit loss−$9k
Operating expenses−$30k
NOI · 11.56% cap applied$69k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$33/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$21 – $44

Cap rate analysis

How does the asset earn?
11.56%
$69k 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.

JurisdictionSANDUSKY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.5
Dental Office9.2
Auto Parts Store9.0

Location

1275 W Main St Bellevue, OH 44811
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
975 Main, Bellevue, OH 44811-9011 $114,852,000 Jul 2025 203,786 SF
101 Hirt, Bellevue, OH 44811-9054 $718,000 Mar 2024 20,000 SF
105 Enterprise, Bellevue, OH 44811 $1,700,000 Nov 2021 39,600 SF
555 Goodrich, Bellevue, OH 44811-1140 $545,000 Aug 2021 11,280 SF
4341 Sandhill, Bellevue, OH 44811-8930 $250,000 May 2020 6,400 SF
635 State Rte 269, Bellevue, OH 44811 $4,500,000 Jun 2019 195,000 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?”
More about this property
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