Financial
Distress signals
Property profile

239 W Locust St Wilmington, OH 45177

FOR SALE
Retail space
Property ID
US66-3943300
1,100 SF 0.11 ac lot Built 1938
Last sale Oct 2024 · $110,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial store building is located on the corner of W Locust Street and N Wood Street in Wilmington. The property includes approximately 1,100 square feet of interior space on a 0.11-acre parcel and is configured as a storefront suitable for retail and service uses. Its corner position along two streets provides street frontage and exposure on both roads, which supports concepts such as a boutique shop, professional services office, specialty retail, studio, or showroom.

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?
$708
Tax billed · 2023
Assessed value$17k
Assessed land$6k
Assessed improvement$11k
Effective rate4.17%

Value estimate

· Sep 2026
$110k
$99k – $121k
AI approach$110k
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$6k
Operating expenses−$4k
NOI · 8.27% cap applied$13k

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

Recently sold

What actually traded nearby?
$80/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$29 – $120
Qualifying comparables4

Cap rate analysis

How does the asset earn?
8.27%
$13k 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.

JurisdictionCLINTON

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 agency18.9
Restaurant17.4
Building Supply15.3

Location

239 W Locust St Wilmington, OH 45177
County assessor Recorded deeds · 2 transfers 4 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
159 Main, Wilmington, OH 45177-2238 $260,000 Jul 2025 1,868 SF
34 Ns, Wilmington, OH 45177-2212 $125,000 Nov 2023 1,841 SF
1173 Wayne, Wilmington, OH 45177-2026 $779,000 Sep 2022 1,280 SF
58 Sugartree, Wilmington, OH 45177-2226 $150,000 Jul 2022 1,468 SF
109 Ns, Wilmington, OH 45177 $430,000 Jun 2022 1,909 SF
30 Lincoln, Wilmington, OH 45177-2307 $62,000 May 2022 1,232 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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