Financial
Distress signals
Property profile

450 Chester St Painesville, OH 44077

OFF-MARKET
Turn key restaurants
Property ID
US66-0633702
1,760 SF 0.22 ac lot Built 1955
Last sale Jun 2021 · $49,600
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial building is located in Lake County, Ohio, near downtown Painesville and situated at a busy intersection. The property sits on a 0.2168-acre lot. The building has furnishings and equipment that include new tables, chairs, and other equipment, and the overall site and building configuration provide potential for a range of business uses.

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?
$3k
Tax billed · 2023
Assessed value$25k
Assessed land$12k
Assessed improvement$14k
Effective rate10.18%

Value estimate

· Sep 2026
$80k
$72k – $88k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$143/SF
County average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$53 – $299

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?
B-4
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 agency10.6
HVAC Service10.3
Tailor Shop9.2

Location

450 Chester St Painesville, OH 44077-4167
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
569 State, Painesville, OH 44077-3638 $315,000 Mar 2025 2,020 SF
247-249 Hillside, Painesville, OH 44077 $60,150 Oct 2024 1,769 SF
70 Richmond, Painesville, OH 44077-3252 $500,000 May 2024 1,920 SF
614 High, Fairport Harbor, OH 44077-5638 $40,000 Apr 2024 1,671 SF
1160 Mentor, Painesville, OH 44077-1851 $120,000 Oct 2023 1,992 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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