Financial
Distress signals
Property profile

43 N Sandusky St Delaware, OH 43015

FOR LEASE
Turn key restaurants
Property ID
US66-0161256
13,024 SF 0.11 ac lot Built 1920
Last sale Dec 2004 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 43 N Sandusky Street in Downtown Delaware, Ohio contains two fully built-out office suites designed for commercial use. Each suite includes 500 square feet of interior space, for a total of approximately 1,000 square feet across the two suites. The building includes retail space on the first floor, which has been occupied by Coffeeology. The site is zoned for commercial use and is located within walking distance of Ohio Wesleyan University, supporting pedestrian access from the university and surrounding downtown community.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$15k
Tax billed · 2023
Assessed value$279k
Assessed land$26k
Assessed improvement$253k
Effective rate5.56%

Value estimate

· Sep 2026
$265k
$239k – $292k
Submarket $/SF estimate$760k
NOI build-up
Gross scheduled income$17k
Vacancy & credit loss−$4k
Operating expenses−$3k
NOI · 656.67% cap applied$10k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$295/SF
County average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$85 – $451

Cap rate analysis

How does the asset earn?
656.67%
$10k 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.

JurisdictionDELAWARE

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store9.3
Carpet & Flooring Store9.0
Daycare Center8.7

Location

43 N Sandusky St Delaware, OH 43015
County assessor Recorded deeds · 1 transfer 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24 Sandusky, Delaware, OH 43015-1902 $1,050,300 Oct 2024 6,248 SF
18 Sandusky, Delaware, OH 43015-1902 $900,000 Jun 2024 9,702 SF
71 Sandusky, Delaware, OH 43015-1925 $1,025,000 Nov 2023 9,600 SF
5200 Us Hwy 42nd S, Delaware, OH 43015-7504 $500,000 Sep 2023 5,817 SF
38 Sandusky, Delaware, OH 43015-2327 $350,000 Jul 2023 4,862 SF
9 Sandusky, Delaware, OH 43015-3990 $167,500 Jun 2023 6,320 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
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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?”
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