Property profile

255-259 Richmond St Painesville, OH 44077

OFF-MARKET
Strip malls
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Property ID
US66-2123511
5,026 SF 0.16 ac Built 2005
Last sale May 2004·$80,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

Retail storefront space is configured for single-tenant occupancy, offering approximately 1,266 square feet of interior area. The property is located at 255–259 Richmond St in Painesville, Ohio 44077.

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?
$12k
Tax billed · 2023
Assessed value$118k
Assessed land$9k
Assessed improvement$109k
Effective rate9.83%

Value estimate

· Nov 2026
$205k
$185k – $226k
AI approach$245k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-4
JurisdictionLAKE

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 agency24.5
Dental Office17.3
Spa & Massage16.7

Location

255-259 Richmond St Painesville, OH 44077
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
180 State, Painesville, OH 44077 $850,000 Oct 2024 15,614 SF
7530 Fredle, Concord Township, OH 44077-9406 $11,500,000 Aug 2019 5,730 SF
1506 Mentor, Painesville, OH 44077-1705 $30,000 Mar 2019 10,483 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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