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Property profile

444 Newell St Painesville, OH 44077

OFF-MARKET
Manufacturing properties
Property ID
US66-5708833
8,588 SF 0.4 ac lot Built 1987
Last sale Jul 2008 · $269,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This freestanding industrial warehouse, located at 444 Newell Street in Painesville, Ohio, presents a compelling investment opportunity. Built in 1980, the property boasts a substantial 8,199 square feet of space situated on a one-acre lot. The building is zoned M-2 Industrial, allowing for a wide range of potential uses. Key features include a convenient drive-in loading bay, ensuring efficient operations. The property also benefits from robust 480/3-phase power, ideal for industrial…

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?
$8k
Tax billed · 2023
Assessed value$82k
Assessed land$15k
Assessed improvement$67k
Effective rate9.97%

Value estimate

· Oct 2026
$420k
$378k – $462k

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

Recently sold

What actually traded nearby?
$44/SF
Submarket average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$30 – $64
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

What can be built here?
M-2
M-2 Industrial Zoning Overlays: Design Districts, Historic Districts, PUD For more detail regarding zoning regulations for each district,...
General categoryINDUSTRIAL
JurisdictionLAKE

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 agency33.1
Restaurant23.2
Law Firm21.4

Location

444 Newell St Painesville, OH 44077-1254
County assessor Recorded deeds · 3 transfers 9 qualifying comp sales Zoning catalog

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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
380 Prospect, Painesville, OH 44077-3258 $250,000 Feb 2026 12,570 SF
383 Fountain, Painesville, OH 44077-1209 $510,000 Apr 2024 11,540 SF
244 Latimore, Painesville, OH 44077-3903 $200,000 Mar 2024 7,158 SF
608 State, Painesville, OH 44077 $1,695,860 Jan 2024 9,600 SF
55 Florence, Painesville, OH 44077-1103 $749,000 Feb 2023 12,688 SF
786 Hardy, Painesville, OH 44077-4521 $2,480,000 Nov 2020 4,220 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

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