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Property profile & analytics
OFF-MARKET Estimated value $2,035,000
Manufacturing properties

310 Figgie Dr Painesville, OH 44077-3028

32,666 SF 4.38 ac lot Built 1967
Individually Owned 20-yr Hold Free & Clear
Property ID
US66-1548361
Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1967
Construction WOOD
Total area 32,666 SF
Lot 4.38 ac (190,575 SF)
Zoning code M-2
APN 15-C-027-0-00-002-0
UPID US66-1548361
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
$1.94M
Comparable Approach Comparable
$2.08M
Blend (final) Blend
$2.04M
Owner & transaction history
Extrudex · 20 yrs held
Extrudex
since 2006
4 recorded transactions
2006
Price N/A
2006
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
M-2 · Painesville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 Requires a Zoning Permit? All new construction, additions, porche…

Zone name Industrial
General category INDUSTRIAL
Zone area 280.17 ac
Source Painesville, OH
Top alternative use upside
Office building $2.9M +103.2%
Auto repair, garage $2.7M +92.1%
Medical building $2.3M +61.2%
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