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Financial
Distress signals
Property profile

2341 Pearl Rd Medina, OH 44256

FOR LEASE
Turn key restaurants
Property ID
US66-0655621
2,742 SF 1.15 ac lot Built 1962
Last sale Feb 2000 · $115,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a freestanding commercial site with 100 feet of frontage on Pearl Road and an on-site parking area providing for more than 40 spaces. The building was updated and contains approximately 2,742 square feet of space, including a fully equipped kitchen and bar area. The site is zoned to allow for a multitude of uses and provides opportunities for expansion, patio development, and redevelopment. The existing improvements can support use as a bar, restaurant, or retail space. A liquor license was pending at the time of the listing.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$71k
Assessed land$42k
Assessed improvement$29k
Effective rate6.71%

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k
NOI build-up
Gross scheduled income$16k
Vacancy & credit loss−$577
Operating expenses−$5k
NOI · 55,266.63% cap applied$11k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$196/SF
County average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$82 – $316
Qualifying comparables18

Cap rate analysis

How does the asset earn?
55,266.63%
$11k 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.

JurisdictionMEDINA

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 agency13.4
Wholesale Shop10.7
Hair Salon10.7

Location

2341 Pearl Rd Medina, OH 44256
County assessor Recorded deeds · 2 transfers 18 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 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
930 Ct, Medina, OH 44256-1516 $590,000 Aug 2024 2,444 SF
540 Blake, Medina, OH 44256-2309 $360,000 Jul 2024 2,988 SF
3105 Medina, Medina, OH 44256-8225 $910,000 Jun 2024 2,880 SF
6407 Lafayette, Medina, OH 44256-8549 $140,000 May 2024 2,788 SF
402 Elmwood, Medina, OH 44256-2325 $700,000 May 2024 2,622 SF
716 Ct, Medina, OH 44256-1748 $450,000 Apr 2023 2,404 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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