Technical
Financial
Distress signals
Property profile

1505 Madison Ave Painesville, OH 44077

OFF-MARKET
Retail space
Property ID
US66-1456007
3,712 SF 0.57 ac lot Built 1972
Trust Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Construction WOOD
Total area 3,712 SF
Lot 0.57 ac (24,873 SF)
Zoning code B2
APN 11-A-023-0-00-005-0
UPID US66-1456007

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

1505 Madison Ave Painesville, OH 44077-5115
Painesville metro Census 204900 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$75k

Owner & transaction history

since 2023
Last sale
$70,000
6 recorded transactions
2023
$70,000
2018
$355,000
2016
Price N/A
2013
$118,000
2010
$60,000
2009
Price N/A

Zoning & alternative use

B2 · Painesville, OH

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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