Realmo Analytics

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Financial
Distress signals
Property profile

8 North Main St Rittman, OH 44270

FOR SALE
Office buildings
Property ID
US66-1431042
5,500 SF 0.07 ac lot Built 1959
Last sale Jan 2022 · $173,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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$55k
Assessed land$6k
Assessed improvement$49k
Effective rate7.22%

Value estimate

· Oct 2026
$190k
$171k – $209k
AI approach$175k
NOI build-up
Gross scheduled income$96k
Vacancy & credit loss−$12k
Operating expenses−$21k
NOI · 16.98% cap applied$64k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$106/SF
County average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$55 – $227
Qualifying comparables4

Cap rate analysis

How does the asset earn?
16.98%
$64k 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 agency11.8
Dental Office11.3
Hair Salon10.0

Location

8 North Main St Rittman, OH 44270
County assessor Recorded deeds · 4 transfers 4 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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
223 Main, Rittman, OH 44270-1140 $242,000 Jan 2025 5,060 SF
43 Ohio, Rittman, OH 44270-1431 $150,000 Jun 2023 1,368 SF
19 Main, Rittman, OH 44270-1915 $42,000 Nov 2021 2,240 SF
21 Main, Rittman, OH 44270-1920 $70,000 Aug 2021 1,982 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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