Financial
Distress signals
Property profile

1626 E Prospect Rd Ashtabula, OH 44004

FOR LEASE
Retail space
Property ID
US66-0497260
2,562 SF 0.4 ac lot Built 1967
Last sale Aug 2023
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a flex-space building in Ashtabula City located on E Prospect Road with frontage/exposure along SR 20. It provides approximately 10,000 SF of storefront retail area and an additional approximately 5,000 SF of open warehouse space at the rear, for a total of about 15,000 SF. The interior includes areas that can be used for retail, warehouse, or combined operations, with storefront space designed to be subdividable for qualified use cases. The space has been configured with new

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$3k
Tax billed · 2023
Assessed value$33k
Assessed land$11k
Assessed improvement$22k
Effective rate7.79%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$25k
Vacancy & credit loss−$504
Operating expenses−$4k
NOI · 233,244.44% cap applied$21k

Realmo valuation models over county records and 3 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 comparables3

Cap rate analysis

How does the asset earn?
233,244.44%
$21k 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 agency20.5
HVAC Service11.6
Gym & Fitness10.8

Location

1626 E Prospect Rd Ashtabula, OH 44004
County assessor Recorded deeds · 1 transfer 3 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 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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