Property profile

608 State St Painesville, OH 44077

OFF-MARKET
Industrial land
Property ID
US66-4151400
0.77 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.77 ac (33,537 SF)
Zoning code R-1
APN 15-B-014-0-00-011-0
UPID US66-4151400

Cap rate & NOI

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

Location

608 State St Painesville, OH 44077
Painesville metro Census 204400 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.70M

Owner & transaction history

since 2024
Last sale
$1.7M
7 recorded transactions
2026
Price N/A
2024
$1.7M
2012
Price N/A
2001
Price N/A
2000
$36,000
2000
Price N/A
2000
$50,000

Zoning & alternative use

R-1 · Painesville, OH
Zoning description

R-1 Single Family Residential R1-60 Single Family Residential R-2 Multi-Family Residential B-1 Business/Residential B-2 General Business B-3 Central Business DD Downtown Development M-1 Light Industrial M-2 Industrial Zo…

General category RESIDENTIAL

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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