Financial
Distress signals
Property profile

34441 Center Ridge Rd North Ridgeville, OH 44039

FOR LEASE
Retail space
Property ID
US66-2594712
9,900 SF 0.55 ac lot Built 1980
Last sale Dec 2011 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 4,370 square foot freestanding retail space is ideally situated on Center Ridge Road in North Ridgeville, Ohio, within the Highway Commercial District (B3) zoning. The property boasts excellent visibility and accessibility, making it an attractive opportunity for businesses seeking high traffic exposure. Located in Lorain County, at 34441 Center Ridge Road, zip code 44039, this single-building property offers multiple tenancy options, perfect for a variety of retail uses.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$13k
Tax billed · 2023
Assessed value$195k
Assessed land$47k
Assessed improvement$147k
Effective rate6.90%

Value estimate

· Sep 2026
$345k
$311k – $380k
AI approach$345k
Sales comparison$505k
NOI build-up
Gross scheduled income$66k
Vacancy & credit loss−$3k
Operating expenses−$19k
NOI · 274,737.50% cap applied$44k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
County average, outlier-cleaned · 119 recorded sales of this use type
Observed band · Q1–Q3$39 – $124
Qualifying comparables9

Cap rate analysis

How does the asset earn?
274,737.50%
$44k 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.

JurisdictionLORAIN

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 agency34.1
Law Firm31.6
Restaurant21.6

Location

34441 Center Ridge Rd North Ridgeville, OH 44039
County assessor Recorded deeds · 3 transfers 9 qualifying comp sales 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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