Financial
Distress signals
Property profile

1047 Belmont Ave Niles, OH 44446

OFF-MARKET
Commercial land
Property ID
US66-1262230
20.73 ac lot
Last sale May 2025 · $34,275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Exceptional opportunity to acquire a substantial industrial land parcel in Niles, Ohio. This property, located at 1047 Belmont Ave, comprises 77.43 +/- acres, with an additional 26.40 +/- acres anticipated soon, totaling up to 103.83 acres. The site is zoned for industrial use and boasts a rich history as a former power plant, offering significant infrastructure advantages. Previous power capacity exceeded 265 MW, and estimated water capacity reached 1 million gallons per day. These

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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$39k
Assessed land$39k
Effective rate6.36%

Value estimate

· Sep 2026
$280k
$252k – $308k
AI approach$280k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$68/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$41 – $91

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionTRUMBULL

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage7.7
Building Supply9.8
Kitchen & Bath8.4

Location

1047 Belmont Ave Niles, OH 44446-1356
County assessor Recorded deeds · 7 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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