Technical
Financial
Distress signals
Property profile

590 Lk Rd Chippewa Lake, OH 44215

OFF-MARKET
Grocery and convenience stores
Property ID
US66-5919536
2,400 SF 0.48 ac lot Built 1972
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1972
Construction WOOD
Total area 2,400 SF
Lot 0.48 ac (20,909 SF)
APN 048-28A-04-111
UPID US66-5919536

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • HVAC Service General Contractor
  • Gas Station
  • Grocery & Convenience Store
  • Atm Convenience Store
  • Bank Credit Union

Location

590 Lk Rd Chippewa Lake, OH 44215-9665
Chippewa Lake metro Census 409002 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2018
7 recorded transactions
2018
$391,000
2015
$590,000
2004
Price N/A
2003
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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