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Property profile & analytics
OFF-MARKET
Industrial properties

176 Chestnut St Painesville, OH 44077-2708

3,040 SF 2.83 ac lot Built 1965
Entity Owned 1-yr Hold Free & Clear
Property ID
US66-2234146
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1965
Total area 3,040 SF
Lot 2.83 ac (123,405 SF)
Zoning code M-1
APN 15-C-034-A-00-001-0
UPID US66-2234146
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Chestnut Business Park LLC · 1 yrs held
Chestnut Business Park LLC
since 2025
Last sale
$375,000
7 recorded transactions
2025
$375,000
2017
Price N/A
2013
Price N/A
2011
$195,000
2011
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M-1 · Painesville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

M-1 Light Industrial M-2 Industrial Zoning Overlays: Design Districts, Historic Districts, PUD For more detail regarding zoning regulations for each district, see Chapter 1113 of the Unified Development Code. All requests for permitted uses for a given property can be submitted in writing to the City Planner. What Requires a Zoning Permit? All new constructi…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 681.28 ac
Source Painesville, OH
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