Individually Owned Property summary
This exceptional investment opportunity presents a fully leased, two-unit commercial property ideally situated at 158 Milan Avenue in Norwalk, Ohio. Boasting excellent visibility and high traffic counts exceeding 12,000 vehicles daily, this property guarantees consistent income. The 0.37-acre lot features convenient customer parking in the front and a private parking lot in the rear. The durable metal roof ensures long-term maintenance savings. Both units are currently leased, generating a… combined monthly rental income of $3,450. Tenants are responsible for all utilities, minimizing owner responsibilities. The right-side unit offers a full basement for ample storage, a waiting room/reception area, an office, a half bath, and convenient front and back door access. The left-side unit provides a spacious storefront layout, an office, a half bath, and front and back door access. Both units are equipped with air conditioning. This property's strategic location, just 15 minutes from the Kalahari Resort and 30 minutes from Cedar Point, coupled with its proximity to downtown Norwalk's amenities (pharmacies, grocery stores, gas stations, and restaurants), makes it an exceptionally attractive investment. The property's high visibility, strong rental income, and convenient location combine to create a compelling opportunity for a savvy investor seeking a low-maintenance, high-return commercial property. The asking price is $249,900.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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