Property profile

450 Chester St Painesville, OH 44077

OFF-MARKET
Turn key restaurants
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Property ID
US66-0633702
1,760 SF 0.22 ac 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.
Market Trends Soon

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

Value estimate

· Nov 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
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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