Property profile

27693 Butternut Ridge Rd North Olmsted, OH 44070

FOR SALE
Retail space
Saved · see the list in your Dashboard
Property ID
US66-1235238
0.11 ac
Last sale Dec 1995·$330,000
Individually Owned Owner of record is an individual. 28-yr Hold Held for 28 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a commercial land parcel totaling 0.21 acres (two parcels combined for 9,293 square feet) located at a signalized five-way intersection on Butternut Ridge Rd. The site is level and build-ready, with public gas and water available and utilities on site. It is suitable for a range of commercial uses, including retail, mixed-use development, drive-through facilities, office use, and small service development. The location provides vehicle exposure given its intersection setting and…

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?
$2k
Tax billed · 2023
Assessed value$16k
Assessed land$14k
Assessed improvement$3k
Effective rate11.33%

Value estimate

· Nov 2026
$225k
$203k – $248k
AI approach$225k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$98/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$48 – $122

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

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.

JurisdictionCUYAHOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.0
Realty agency12.8
HVAC Service11.4

Location

27693 Butternut Ridge Rd North Olmsted, OH 44070
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
30129 Lorain, North Olmsted, OH 44070-3923 $500,000 Apr 2025 12,000 SF
23770 Lorain, North Olmsted, OH 44070-2223 $1,800,000 Mar 2025 13,050 SF
25021 Lorain, North Olmsted, OH 44070-2053 $450,000 Jun 2024 2,408 SF
26075 Lorain, North Olmsted, OH 44070-2739 $1,285,000 Jan 2024 6,000 SF
26261 Lorain, North Olmsted, OH 44070-2711 $427,500 Dec 2023 1,215 SF
26324 Lorain, North Olmsted, OH 44070-3201 $2,655,000 Oct 2023 6,436 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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