Property profile

70 Industrial St Rittman, OH 44270

FOR LEASE
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Property ID
US66-1394760
8,320 SF 0.6 ac Built 1957
Last sale May 2012·$135,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

A stand-alone industrial building totaling 8,560 square feet, located across the street from Morton Salt on Industrial Street with access to I-76. The property is configured to support industrial uses, including manufacturing, machine shop operations, and contractor trade activities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$53k
Assessed land$9k
Assessed improvement$43k
Effective rate7.26%

Value estimate

· Nov 2026
$240k
$216k – $264k
AI approach$240k
NOI build-up
Gross scheduled income$55k
Vacancy & credit loss−$5k
Operating expenses−$15k
NOI · 611,739.13% cap applied$35k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$54/SF
County average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$27 – $100
Qualifying comparables14

Cap rate analysis

How does the asset earn?
611,739.13%
$35k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.4
Dental Office16.5
Wholesale Shop14.0

Location

70 Industrial St Rittman, OH 44270
County assessor Recorded deeds · 3 transfers 14 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
36 Willow, Rittman, OH 44270-1445 $1,750,000 Oct 2023 4,000 SF
15 Industrial, Rittman, OH 44270-1507 $1,773,800 Sep 2023 15,420 SF
80 Industrial, Rittman, OH 44270-1508 $850,000 Mar 2023 36,918 SF
71 Salt, Rittman, OH 44270 $140,000 Dec 2022 7,020 SF
64 Sterling, Rittman, OH 44270-1434 $154,000 Jan 2021 2,688 SF
295 Main, Rittman, OH 44270-1491 $70,000 Oct 2019 6,650 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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