Technical
Financial
Distress signals
Property profile

224 Main St Painesville, OH 44077

OFF-MARKET
Retail space
Property ID
US66-6238486
3,008 SF 0.05 ac lot Built 1900
Individually Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 3,008 SF
Lot 0.05 ac (2,095 SF)
Zoning code B-3
APN 15-B-001-C-00-021-0
UPID US66-6238486

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
  • Barber Shop

Location

224 Main St Painesville, OH 44077-3810
Painesville metro Census 204400 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2005
1 recorded transaction
2005
$50,000

Zoning & alternative use

B-3 · Painesville, OH
Zoning description

B-3 Central Business DD Downtown Development 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…

General category MIXED_USE

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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