Financial
Distress signals
Property profile

5 N Sandusky St Delaware, OH 43015

FOR LEASE
Turn key restaurants
Property ID
US66-2768860
11,046 SF 0.1 ac lot Built 1920
Last sale Nov 2014 · $136,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 875-square-foot office space is ideally located at 5 N Sandusky St in downtown Delaware, Ohio, within Delaware County. The property is a single-tenant traditional office space situated on the second or third floor above Son of Thurman's. This presents a unique opportunity for businesses seeking a vibrant and accessible location. The space is currently undergoing build-out and is projected to be available for occupancy on April 1st, 2020. Flexibility is a key feature

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$248k
Assessed land$21k
Assessed improvement$227k
Effective rate4.33%

Value estimate

· Sep 2026
$245k
$221k – $270k
Submarket $/SF estimate$645k
NOI build-up
Gross scheduled income$216k
Vacancy & credit loss−$52k
Operating expenses−$41k
NOI · 746,181.82% cap applied$123k

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?
746,181.82%
$123k 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

5 N Sandusky St Delaware, OH 43015
County assessor Recorded deeds · 4 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
18 Sandusky, Delaware, OH 43015-1902 $900,000 Jun 2024 9,702 SF
71 Sandusky, Delaware, OH 43015-1925 $1,025,000 Nov 2023 9,600 SF
5200 Us Hwy 42nd S, Delaware, OH 43015-7504 $500,000 Sep 2023 5,817 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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message