You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,610,000
Drug stores

569 High St Cortland, OH 44410-1506

11,388 SF 1.46 ac lot Built 1998
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US66-1693680
Property summary
AI-generated overview

This exceptional freestanding retail property, formerly a Rite Aid, presents a unique investment opportunity in Cortland, Ohio. The building boasts a substantial 11,185 square feet of vacant space, situated on a generous 1.46-acre lot. Its convenient location at 569 S High St, with cross access via Natale Dr, ensures high visibility and accessibility for potential businesses. The property is zoned C-2 Highway Commercial District, allowing for a wide range of commercial uses. The ample lot size provides ample parking and potential for expansion or future development. This turnkey property is ready for immediate occupancy, offering a blank canvas for a new business venture or a savvy investor seeking a strong return. The building's previous use as a pharmacy suggests suitability for similar businesses, but the flexible zoning allows for diverse possibilities. Located in Trumbull County, Ohio, with a 44410 zip code, this property offers a strategic location within a thriving community. The substantial square footage and expansive lot size make this an ideal opportunity for a business seeking significant space and visibility. Serious inquiries are encouraged to explore the possibilities of this prime retail location. The property is available for both sale and lease, offering flexibility to suit various investment strategies.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1998
Total area 11,388 SF
Lot 1.46 ac (63,598 SF)
APN 34-029300
UPID US66-1693680
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
$1.69M
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$1.61M
Owner & transaction history
Waters Edge Equity Management LLC · 1 yrs held
Waters Edge Equity Management LLC
since 2025
2 recorded transactions
2025
$920,000
2005
$3.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.1M +35.6%
Commercial (general) $1.0M +34.4%
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?”
You own 569 High St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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