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Property profile

1047 Lake Ave Ashtabula, OH 44004

FOR SALE
Retail space
Property ID
US66-0729225
3,508 SF 0.42 ac lot Built 1968
Last sale Oct 2026 · $302,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 1047 Lake Avenue is a single-story office building with a total floor area of 3,560 square feet, built in 1968, situated on a 0.417-acre corner parcel with ingress and egress from both the main and side streets. The interior includes a 1,600-square-foot salon area with two bathrooms and a break room, along with the remaining space configured as professional office areas with one bathroom, a kitchenette, and a utility closet. The building is handicap accessible and features…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$57k
Assessed land$14k
Assessed improvement$43k
Effective rate7.46%

Value estimate

· Oct 2026
$235k
$212k – $259k
AI approach$235k
NOI build-up
Gross scheduled income$46k
Vacancy & credit loss−$5k
Operating expenses−$16k
NOI · 9.70% cap applied$26k

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

Recently sold

What actually traded nearby?
$39/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$18 – $61
Qualifying comparables4

Cap rate analysis

How does the asset earn?
9.70%
$26k 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.

JurisdictionASHTABULA

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 agency30.7
Building Supply26.9
Auto Repair Shop21.8

Location

1047 Lake Ave Ashtabula, OH 44004
County assessor Recorded deeds · 4 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1149 Prospect, Ashtabula, OH 44004-6573 $113,000 Feb 2026 3,296 SF
2048 Prospect, Ashtabula, OH 44004-5363 $170,000 Feb 2025 4,086 SF
1035 Brg, Ashtabula, OH 44004-3207 $450,000 May 2024 3,528 SF
5825 Main, Ashtabula, OH 44004 $97,000 Aug 2023 2,940 SF
1147 Brg, Ashtabula, OH 44004-3209 $28,000 Jul 2023 2,922 SF
4421 Main, Ashtabula, OH 44004-6922 $265,000 Jul 2023 4,528 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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