Property summary
This privately owned, Class B mobile home park in Norwalk, Ohio, presents a compelling investment opportunity. Situated on a 29,700 sq ft lot at 56 Jefferson St, the property includes eight units: seven tenant-owned mobile homes and one park-owned mobile home currently generating $512 monthly income under the METRO Housing program. Two additional concrete pads are ready for mobile home placement, with existing septic and water lines; only electrical connections are needed. The park also… features two RV spots with full hookups, currently generating income for six months of the year. Built in 1955 with ongoing renovations, the property boasts a current NOI of $27,981, yielding a 12.17% cap rate. Pro forma projections, based on potential lot rent increases to $300/month (most lots) and $250/month (one lot), and full utilization of the RV spots, indicate a significantly higher NOI of $42,437 and a potential cap rate exceeding 16%. The property's convenient online tenant portal facilitates absentee ownership. The permitted zoning is commercial. The asking price is $229,900, representing a price per pad of $22,990. This property offers immediate income and significant upside potential for a savvy investor. The high demand for RV spaces in the area further enhances the investment prospects.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 9 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 256 SF
- Lot area
- 0.23 ac
- Year built
- 1955
- Stories
- 1
- APN
- 33-0160-04-037-0000
- Assessed value · 2023
- $12,900
- Annual tax · 2023
- $644
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
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