Financial
Distress signals
Property profile

48 N Sandusky St Delaware, OH 43015

FOR LEASE
Turn key restaurants
Property ID
US66-1741311
4,924 SF 0.05 ac lot Built 1920
Last sale May 2021 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 48 N Sandusky Street is an office building featuring four private suites on the second and third floors. Suite 202 is approximately 300 square feet, Suite 204 approximately 250 square feet, Suite 205 approximately 360 square feet, and Suite 304 approximately 250 square feet. The office spaces had recent refurbishment and include a shared kitchenette, shared bathrooms, and a common waiting area with seating. The building provides 12-foot ceilings and is equipped with water, electric, and heating services.

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?
$11k
Tax billed · 2023
Assessed value$193k
Assessed land$9k
Assessed improvement$185k
Effective rate5.56%

Value estimate

· Sep 2026
$785k
$707k – $864k
AI approach$825k
Submarket $/SF estimate$980k
NOI build-up
Gross scheduled income$246k
Vacancy & credit loss−$59k
Operating expenses−$47k
NOI · 23,392.83% cap applied$140k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$295/SF
County average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$85 – $451

Cap rate analysis

How does the asset earn?
23,392.83%
$140k 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.

JurisdictionDELAWARE

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store9.3
Carpet & Flooring Store9.0
Daycare Center8.7

Location

48 N Sandusky St Delaware, OH 43015
County assessor Recorded deeds · 2 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24 Sandusky, Delaware, OH 43015-1902 $1,050,300 Oct 2024 6,248 SF
67 Lk, Delaware, OH 43015-1858 $300,000 Dec 2023 4,080 SF
5200 Us Hwy 42nd S, Delaware, OH 43015-7504 $500,000 Sep 2023 5,817 SF
1400 Stratford, Delaware, OH 43015-2922 $195,000 Aug 2023 4,393 SF
38 Sandusky, Delaware, OH 43015-2327 $350,000 Jul 2023 4,862 SF
9 Sandusky, Delaware, OH 43015-3990 $167,500 Jun 2023 6,320 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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