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Financial
Distress signals
Property profile

5420 Milan Rd Sandusky, OH 44870

OFF-MARKET
Medical Office Space
Property ID
US66-2263532
15,780 SF 2.2 ac lot Built 1972
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$58k
Tax billed · 2023
Assessed value$779k
Assessed land$238k
Assessed improvement$541k
Effective rate7.48%

Value estimate

· Oct 2026
$590k
$531k – $649k
Submarket $/SF estimate$1.57M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$59/SF
County average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$41 – $103

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

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.

JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.3
Auto Repair Shop12.2
HVAC Service11.7

Location

5420 Milan Rd Sandusky, OH 44870-5846
County assessor Recorded deeds · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
417 Quarry Lks, Sandusky, OH 44870-8635 $10,654,000 Jun 2025 31,713 SF
3006 Campbell, Sandusky, OH 44870-5381 $499,900 Mar 2023 9,382 SF
134 Adams, Sandusky, OH 44870-2701 $250,000 Apr 2022 6,316 SF
124 Perkins, Sandusky, OH 44870 $1,387,500 Nov 2021 46,295 SF
236 Perkins, Sandusky, OH 44870-4875 $215,000 Jun 2020 4,620 SF
2616 Hayes, Sandusky, OH 44870-5311 $12,150,000 Apr 2019 24,287 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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