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Property profile & analytics
OFF-MARKET
Turn key restaurants
566 Liberty St, Painesville, OH 44077-3620
Individually Owned
1-yr Hold
Free & Clear
Property ID
US66-6096207
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1960
Total area
1,581 SF
Lot
0.23 ac (10,001 SF)
Zoning code
M-2
APN
15-C-011-0-00-009-0
UPID
US66-6096207
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nathan Earley · 1 yrs held
Nathan Earley
since 2025
7 recorded transactions
Zoning & alternative use
M-2 · Painesville, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Painesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Painesville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,401
Tax year 2023
Assessed value
$23,270
Assessed 2023
Previous assessed
$23,270
+0.0% YoY
Effective rate
10.32%
On assessed value
Assessed land
$7,000
Assessed improvement
$16,270
Land market value
$20,000
Improvement market value
$46,490
Total market value
$66,490
Applied tax rate
15.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Stories
1
Total area
1,581 SF
Lot
0.23 ac (10,001 SF)
Zoning code
M-2
APN
15-C-011-0-00-009-0
UPID
US66-6096207
Jurisdiction
LAKE
Zoning & alternative use
M-2 · Painesville, OH
Zoning M-2 · permitted uses
M-2 · Painesville, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Painesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
FORCED AIR
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Nathan Earley
Individual
Free & Clear · 1 yrs held
Mailing address
17654 WALNUT TRL, CHAGRIN FALLS, OH 44023-6413
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2025
—
Nathan Earley
Estate Of Timothy James Earley
Deed
—
Mar 20, 2025
—
Nathan Earley
Estate Of Thomas R Earley
Deed
—
Feb 21, 2025
—
Estate Of Thomas R Earley
Estate Of Anne Marie Sutch
Deed
—
Sep 8, 2023
—
Nathan Earley
Estate Of Anne Marie Sutch
Certificate Of Transfer
—
Sep 26, 2017
—
548 Liberty Street LLC
—
Deed
related
—
Aug 5, 2016
—
Joseph Gibson
Five Hundred Sixty Six Liberty
Grant Deed
related
—
Oct 11, 2005
$130,000
Five Hundred Sixty-six Liberty
Pohlman Mary J Trust
Grant Deed
$110,000 · Pohlman Mary J Trust (tr)
—
—
548 Liberty Street LLC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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