Financial
Distress signals
Property profile

5653 Lk E Rd Geneva, OH 44041

OFF-MARKET
Commercial real estate
Property ID
US66-2305945
5,803 SF 2.3 ac lot Built 1948
Last sale Apr 2012 · $100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional hospitality property, encompassing 16,000-18,000 square feet across eight buildings on 3.43 acres, presents a lucrative investment opportunity. The Lakehouse Inn, Crosswinds Grille, and Spa boast 14 keys, including three luxury suites, and a full-service restaurant with seating for 55 guests, plus seasonal outdoor seating. The property features a commercial kitchen, walk-in refrigeration, and an industrial laundry center. A separate spa building offers five treatment rooms,

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?
$33k
Tax billed · 2023
Assessed value$272k
Assessed land$92k
Assessed improvement$180k
Effective rate12.16%

Value estimate

· Sep 2026
$260k
$234k – $286k
CAP approach$650k
Submarket $/SF estimate$1.17M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$125/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$46 – $219
Qualifying comparables3

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.

JurisdictionASHTABULA

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand index
Bakery8.4
Wholesale Shop8.1
Convenience Store7.6

Location

5653 Lk E Rd Geneva, OH 44041-9426
County assessor Recorded deeds · 11 transfers 3 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18 Main, Geneva, OH 44041 $201,000 May 2023 8,640 SF
236 Walnut, Geneva, OH 44041-1834 $199,000 Mar 2023 3,064 SF
1070 Millwood, Geneva, OH 44041-7787 $272,500 Aug 2022 2,500 SF
787 Main, Geneva, OH 44041-1480 $150,000 May 2022 2,028 SF
5733 Lk E, Geneva, OH 44041-9485 $1,000,000 Mar 2022 1,180 SF
5183 Old Lk, Geneva, OH 44041-9801 $575,000 Nov 2020 1,750 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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