Financial
Distress signals
Property profile

448 Delaware Ave Lorain, OH 44052

FOR SALE
Apartment buildings
Property ID
US66-5393671
2,202 SF 0.1 ac lot Built 1923
Last sale Dec 2023 · $168,500
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

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?
$1k
Tax billed · 2023
Assessed value$16k
Assessed land$7k
Assessed improvement$9k
Effective rate7.86%

Value estimate

· Sep 2026
$180k
$162k – $198k
AI approach$165k
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$2k
Operating expenses−$23k
NOI · 13.96% cap applied$29k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$66/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$28 – $103

Cap rate analysis

How does the asset earn?
13.96%
$29k 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 agency12.3
Electrical Service10.0
Dental Office9.7

Location

448 Delaware Ave Lorain, OH 44052
County assessor Recorded deeds · 8 transfers 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1305 Danley, Lorain, OH 44052-2258 $340,000 Jan 2025 2,640 SF
233 Georgia, Lorain, OH 44052-2151 $255,000 Dec 2024 1,992 SF
143 Hamilton, Lorain, OH 44052-1485 $296,500 Sep 2024 2,400 SF
1053 Washington, Lorain, OH 44052-1967 $65,000 Feb 2023 2,778 SF
1520 Maryland, Lorain, OH 44052-3275 $285,000 Nov 2022 2,460 SF
667 9th, Lorain, OH 44052-1900 $82,900 Jun 2022 2,292 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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