Financial
Distress signals
Property profile

1502 Executive Dr Saint Marys, OH 45885

OFF-MARKET
Retail space
Property ID
US66-1692004
14,741 SF 1.26 ac lot Built 2005
Last sale Jan 2026 · $1,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property is a former Rite Aid retail building located along State Route 29 in St. Marys, Ohio. The building contains approximately 14,741 square feet and is suitable for lease use and redevelopment, including the option of a ground lease configuration. The site covers about 2.61 acres off State Route 33 and includes two signalized entrances for vehicular access. The surrounding area includes established retail and restaurant users, with nearby Grand Lake St. Marys serving as a major destination attracting substantial annual visitation.

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?
$25k
Tax billed · 2023
Assessed value$467k
Assessed land$19k
Assessed improvement$448k
Effective rate5.36%

Value estimate

· Sep 2026
$380k
$342k – $418k
Submarket $/SF estimate$1.48M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$57/SF
County average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$24 – $100

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.

JurisdictionAUGLAIZE

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 agency19.8
Building Supply17.1
Wholesale Shop14.5

Location

1502 Executive Dr Saint Marys, OH 45885-3317
County assessor Recorded deeds · 4 transfers 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1550 Celina, Saint Marys, OH 45885-1211 $675,000 Feb 2026 32,079 SF
229 Spg, Saint Marys, OH 45885-2304 $120,000 Dec 2022 4,068 SF
440 Fortman, Saint Marys, OH 45885-1870 $2,033,000 Jan 2022 7,744 SF
120-122 Frnt, Saint Marys, OH 45885 $75,000 Aug 2020 5,880 SF
212 Spg, Saint Marys, OH 45885-2303 $65,000 Aug 2019 7,876 SF
209 Spg, Saint Marys, OH 45885-2315 $50,000 May 2019 5,168 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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