Technical
Financial
Distress signals
Property profile

615 Main St Wellington, OH 44090

OFF-MARKET
Warehouses
Property ID
US66-1406006
32,000 SF 7.43 ac lot Built 2013
Entity Owned 23-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2013
Total area 32,000 SF
Lot 7.43 ac (323,651 SF)
APN 18-00-023-000-029
UPID US66-1406006

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
  • Hardware & Home Improvement HVAC Service

Location

615 Main St Wellington, OH 44090-1368
Wellington metro Census 96100 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.69M
Comparable Approach Comparable
$2.88M
Blend (final) Blend
$650k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $5.0M +92.4%
Apartment house (5+ units) $4.5M +71.0%
Office building $3.1M +18.4%

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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