Financial
Distress signals
Property profile

8148 Main St Garrettsville, OH 44231

FOR SALE
Turn key restaurants
Property ID
US66-6112397
4,578 SF 0.15 ac lot Built 1804
Last sale Oct 2021 · $438,800
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This historic building was originally constructed in 1804 as a flour mill and later developed with restaurant, bar, and brewery uses. It was renovated in 2019 while preserving original architectural features, including historic beams, and includes basement remnants of the original 1800s powered flour mill. The basement level supports dry goods storage and includes a freezer that is less than five years old, and the property has a walk-out lower level used for storage. Outdoor dining is

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$110k
Assessed land$9k
Assessed improvement$101k
Effective rate4.91%

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$365k
NOI build-up
Gross scheduled income$55k
Vacancy & credit loss−$3k
Operating expenses−$15k
NOI · 5.81% cap applied$36k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$155/SF
County average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$53 – $272
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5.81%
$36k 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.

JurisdictionPORTAGE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.9
Plumbing Service8.9
HVAC Service8.7

Location

8148 Main St Garrettsville, OH 44231
County assessor Recorded deeds · 12 transfers 5 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
State Rte 305, Garrettsville, OH 44231 $175,000 May 2024 2,992 SF
Main Market, Garrettsville, OH 44231 $25,000 May 2024 3,456 SF
7999 State, Garrettsville, OH 44231-1048 $1,140,000 Oct 2022 3,620 SF
8013 State, Garrettsville, OH 44231-1022 $750,000 Sep 2022 2,725 SF
8135 Windham, Garrettsville, OH 44231-1112 $80,000 Oct 2020 4,950 SF
10637 Ss, Garrettsville, OH 44231-1108 $150,000 Jun 2020 3,000 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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