Financial
Distress signals
Property profile

293 N Ellsworth Ave Salem, OH 44460

FOR SALE
Medical Office Space
Property ID
US66-2136926
1,260 SF 0.1 ac lot Built 1966
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercially zoned building is located in Salem, Ohio and provides versatile interior space suitable for a range of business uses. The property is configured to allow subdivision into one or two units, offering flexibility in tenant layout. Off-street parking includes a large parking lot on site, with additional parking available from an adjacent lot. The building’s layout and general commercial configuration support potential uses such as medical offices, spa and beauty services, retail, or bar/taproom uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$30k
Assessed land$8k
Assessed improvement$22k
Effective rate4.80%

Value estimate

· Sep 2026
$160k
$144k – $176k
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$4k
Operating expenses−$3k
NOI · 6.30% cap applied$9k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$71/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$22 – $105

Cap rate analysis

How does the asset earn?
6.30%
$9k 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.

JurisdictionCOLUMBIANA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency21.7
Dental Office18.5
Building Supply12.2

Location

293 N Ellsworth Ave Salem, OH 44460
County assessor Recorded deeds · not on file 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
2345 Pershing, Salem, OH 44460-3400 $3,296,000 Dec 2024 8,458 SF
2370 Sese, Salem, OH 44460-3418 $570,000 Nov 2024 6,020 SF
2360 Sese, Salem, OH 44460-3418 $80,000 Jun 2024 1,488 SF
2376 Sese, Salem, OH 44460-3472 $115,000 May 2023 1,488 SF
200 Pershing, Salem, OH 44460-3047 $100,000 Aug 2022 5,380 SF
State, Salem, OH 44460 $250,000 Jun 2022 4,266 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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