Financial
Distress signals
Property profile

103 Lake St Kent, OH 44240

FOR SALE
Retail space
Property ID
US66-2586427
1,680 SF 0.11 ac lot Built 1910
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a small, multi-building complex that was historically used as the Hutch Pet Shop and includes three structures on a combined 0.21-acre site. The buildings feature public utilities and total about 3,992 square feet of building area. One building at 103 Lake Street consists of a retail store with an apartment above. A second building at 115 Crain Ave. is a rental house with potential to be reconfigured into approximately two to three residential units. A third building at 118 Lake

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$29k
Assessed land$12k
Assessed improvement$17k
Effective rate6.89%

Value estimate

· Sep 2026
$255k
$230k – $281k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$7k
Operating expenses−$24k
NOI · 4.96% cap applied$40k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$31 – $95
Qualifying comparables5

Cap rate analysis

How does the asset earn?
4.96%
$40k 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.

JurisdictionPORTAGE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store8.9
Storage Facility8.9
Home Appliance Store8.6

Location

103 Lake St Kent, OH 44240
County assessor Recorded deeds · not on file 5 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1500 Main, Kent, OH 44240-2846 $360,000 Jul 2025 2,790 SF
850 Mantua, Kent, OH 44240-2322 $1,393,000 Jan 2025 2,058 SF
3983 State Rte 43, Kent, OH 44240-6555 $72,000 Apr 2023 1,631 SF
1501 Fairchild, Kent, OH 44240-1819 $400,000 Apr 2023 1,332 SF
1509 Water, Kent, OH 44240-4471 $70,000 Jan 2023 1,674 SF
1637 Main, Kent, OH 44240-2875 $400,000 Dec 2022 1,320 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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