Financial
Distress signals
Property profile

3940 Avon Lake Rd Litchfield, OH 44253

FOR SALE
Office buildings
Property ID
US66-1636795
5,880 SF 2.46 ac lot Built 1920
Last sale Sep 2025
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use property includes commercial space and a residential unit with its own patio and yard. The building dates to 1920 and was originally constructed as a schoolhouse, contributing to its historic character. The property is situated on approximately 2.46 acres at the circle formed by Routes 18 and 83 in Litchfield, Ohio, with a site layout that accommodates both commercial and residential use on the same parcel.

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?
$6k
Tax billed · 2023
Assessed value$129k
Assessed land$44k
Assessed improvement$85k
Effective rate4.78%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$260k

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

Recently sold

What actually traded nearby?
$107/SF
County average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$79 – $144
Qualifying comparables9

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.

JurisdictionMEDINA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand index
Parking Facility9.3
Dental Office9.0
Building Supply8.9

Location

3940 Avon Lake Rd Litchfield, OH 44253
County assessor Recorded deeds · 5 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

1 recorded sale · 2 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
8485 Norwalk, Litchfield, OH 44253-9109 $110,000 Jun 2019 780 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
2 properties of the same type nearby
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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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