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Property profile & analytics
FOR LEASE
Banks

30 South Park Pl Painesville, OH 44077

75,427 SF 0.34 ac lot Built 1957
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-1371177
Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1957
Total area 75,427 SF
Lot 0.34 ac (14,741 SF)
Zoning code B-3
APN 15-C-001-0-00-009-0
UPID US66-1371177
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.01M
Blend (final) Blend
$5.01M
Owner & transaction history
Pt Mt LLC · 3 yrs held
Pt Mt LLC
since 2022
6 recorded transactions
2022
Price N/A
2022
Price N/A
2021
Price N/A
2012
Price N/A
2012
$359,000
2006
$2.3M
Zoning & alternative use
B-3 · Painesville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 of the Unified Development Code. All requests for permitted uses for a given property can be submitted in writing to the City Planner. What…

Zone name Central Business
General category MIXED_USE
Zone area 43.20 ac
Source Painesville, OH
Top alternative use upside
Restaurant $5.9M +17.1%
Commercial (general) $5.7M +13.9%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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