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Property profile & analytics
FOR LEASE
Office buildings

56 Liberty St Painesville, OH 44077

29,700 SF 1.61 ac lot Built 1973
Entity Owned 23-yr Hold Free & Clear
Property ID
US66-2378145
56 Liberty St, Painesville, OH 44077 For Lease
$1,010,000 6,921 SF available
56 Liberty St, Painesville, OH 44077
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Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1973
Construction WOOD
Total area 29,700 SF
Lot 1.61 ac (70,132 SF)
Zoning code B-3
APN 15-C-002-0-00-001-0
UPID US66-2378145
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$949k
Blend (final) Blend
$1.01M
Owner & transaction history
PEOPLES BANK NATIONAL ASSOCIATION
PEOPLES BANK NATIONAL ASSOCIATION
Zoning & alternative use
B-3 · Painesville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B-3 Central Business DD Downtown Development M-1 Light Industrial M-2 Industrial Zoning Overlays: Design Districts, Historic Districts, PUD For more detail regarding zoning regulations for each district, see Chapter 1113 of the Unified Development Code. All requests for permitted uses for a given property can be submitted in writing to the City Planner. What…

Zone name Central Business
General category MIXED_USE
Zone area 43.20 ac
Source Painesville, OH
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