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Property profile

424 E Main St Russells Point, OH

FOR SALE
Turn key restaurants
Property ID
US66-5003750
1,891 SF 0.27 ac lot Built 1975
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

The property in Russells Point at Indian Lake consists of a 1,891-square-foot commercial building originally constructed in 1975 and remodeled in 1999, situated on a 0.27-acre lot with ongoing maintenance and updates. The building has an ADA-compliant layout with dining seating for 64 and includes separate staff and guest restrooms. Exterior access includes parking for 17 vehicles, and the property is located between US 33 and OH-708 (Main Street). The sale was described as including the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$81k
Assessed land$36k
Assessed improvement$45k
Effective rate4.88%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$3k
Operating expenses−$8k
NOI · 3.63% cap applied$24k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$117/SF
County average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$63 – $245

Cap rate analysis

How does the asset earn?
3.63%
$24k 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.

JurisdictionLOGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop12.0
Auto Parts Store10.7
Wholesale Shop9.6

Location

424 E Main St Russells Point, OH
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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
121 Main, Russells Point, OH 43348 $200,000 Jun 2025 1,456 SF
509 Main, Russells Point, OH 43348-9744 $402,500 Oct 2023 1,424 SF
235 Main, Russells Point, OH 43348 $260,000 Jul 2022 1,828 SF
421 Madison, Russells Point, OH 43348-9620 $200,000 Feb 2021 2,555 SF
148 Main, Russells Point, OH 43348-7500 $85,000 Oct 2019 2,436 SF
173 Orch Is, Russells Point, OH 43348-9401 $157,000 Aug 2019 2,332 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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