Financial
Distress signals
Property profile

1315 Cleveland Ave Ashland, OH 44805

FOR SALE
Turn key restaurants
Property ID
US66-4521336
1,478 SF 0.41 ac lot Built 1976
Last sale Sep 2025 · $210,000
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 commercial building formerly used as a pizza restaurant in Ashland, Ohio. The building measures 1,478 square feet and sits on a 0.413-acre lot. It includes a large walk-in cooler and a walk-in freezer, and a majority of the restaurant equipment is intended to remain with the building. The property is zoned for M1 (Light Industrial) District use, and it is located in central Ashland.

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$11k
Assessed improvement$18k
Effective rate5.68%

Value estimate

· Sep 2026
$225k
$203k – $248k
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$931
Operating expenses−$5k
NOI · 4.03% cap applied$16k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
4.03%
$16k 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.

JurisdictionASHLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.8
Convenience Store9.3
Pharmacy9.2

Location

1315 Cleveland Ave Ashland, OH 44805
County assessor Recorded deeds · 1 transfer Qualifying 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 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
438 Main, Ashland, OH 44805-2550 $195,000 Jan 2026 1,904 SF
345 Orange, Ashland, OH 44805-2211 $1,920,000 Jun 2025 1,960 SF
230 Main, Ashland, OH 44805-2448 $1,500,000 Apr 2025 2,541 SF
32 3rd, Ashland, OH 44805-2305 $100,000 Dec 2024 924 SF
823 Main, Ashland, OH 44805-1541 $203,000 Nov 2024 2,152 SF
1300 Troy, Ashland, OH 44805-1309 $130,000 Aug 2024 1,056 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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