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    466 W Jackson St Painesville, OH 44077

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    466 W Jackson St Painesville, OH 44077


    • Industrial properties
    • 21,326 SF
    • 4.45 lot acres
    Industrial Facility For Sale For Sale
    $525,000
    21,046 SF

    Industrial Facility For Sale

    Industrial facility or redevelopment site available for purchase.

    466 W Jackson St, Painesville, OH 44077
    View Listing
    Property ID
    US66-0646840
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 466 W Jackson St

    Year built
    1928
    Lot size
    4.45 lot acres
    Property size
    21,326 SF
    Property type
    Industrial properties
    APN
    15-C-029-0-00-015-0
    APU
    15C0290000150

    Description

    This exceptional 21,046 square foot industrial warehouse, situated on a generous 4.45-acre lot in Painesville, Ohio, presents a compelling investment opportunity. Built in 1928 with subsequent additions, the property boasts a single-story design with a 14-foot peak ceiling height. The warehouse space encompasses approximately 19,034 square feet, complemented by 2,012 square feet of fully air-conditioned office space. The property features one 12'x10' loading dock and five dock-high doors of varying sizes (10'x8', 11'x7', 9'x7', and two 8'x8'). Key features include 600 amps of 480/240-volt, 3-phase power, floor drains, and a platform scale. A 2023 Phase I Environmental Site Assessment is available. The property benefits from a highly desirable split zoning designation (R-1 Residential, M-1 Light Industrial, and M-2 Industrial), offering significant flexibility for various uses. Its secluded location on Jackson Street provides easy access to State Routes 20 & 44, and is minutes from State Route 2 and Interstate 90. The property's APN is 15C0290000150. This property is ideal for owner-occupiers or investors seeking a prime location with redevelopment potential. The existing building provides immediate income potential while the expansive lot size allows for future expansion or redevelopment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $693,000
      Market price range: $640k - $1.36M
      AI Estimate
      $533,000
      Market price range: $279k - $1.36M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $930,000
      Current use
      RETAIL STORES
      $825,000
      Change: -11% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Painesville
    County
    Lake
    State
    Ohio
    Longitude
    -81.2579
    Latitude
    41.7196
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,783
    $54,720
    $79,630
    $134,350
    -
    $156,350
    $227,510
    $383,860
    View Listing
    More about this property
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