Financial
Distress signals
Property profile

48 W Main St Shelby, OH 44875

FOR SALE
Other commercial real estate
Property ID
US66-1876561
14,080 SF 0.26 ac lot Built 1920
Last sale Oct 2019 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Built in 1920, the property is a renovated mixed-use building that includes office, retail, and residential space. The first floor features a 60' x 80' office area with more than 10 offices, a reception area, a full kitchen, a lunchroom, two bathrooms, and a conference room with a wet bar, along with two retail stores each measuring 80' x 20'. The second floor contains nine apartments, with two additional retail spaces providing further commercial use. The building is configured so that a

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$2k
Tax billed · 2023
Assessed value$32k
Assessed land$4k
Assessed improvement$27k
Effective rate6.08%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$224k
Vacancy & credit loss−$14k
Operating expenses−$94k
NOI · 10.50% cap applied$115k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$18/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$9 – $29

Cap rate analysis

How does the asset earn?
10.50%
$115k 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.

JurisdictionRICHLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon7.2
Clothing Store6.4
Nail Salon7.2

Location

48 W Main St Shelby, OH 44875
County assessor Recorded deeds · 4 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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