Property profile

Richmond Rd Painesville, OH 44077

OFF-MARKET
Industrial land
Property ID
US66-3758062
0.12 ac lot
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.12 ac (5,227 SF)
Zoning code B-3
APN 11-B-065-A-00-031-0
UPID US66-3758062

Cap rate & NOI

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

Location

Richmond Rd Painesville, OH 44077
Painesville metro Census 206200 CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2014
5 recorded transactions
2014
Price N/A
2012
Price N/A
2011
Price N/A
2010
$5,820
1969
Price N/A

Zoning & alternative use

B-3 · Painesville, OH
Zoning description

B-3 Central Business DD Downtown Development M-1 Light Industrial M-2 Industrial Zoning Overlays: Design Districts, Historic Districts, PUD For more detail regarding zoning regulations for each district, see Chapter 1113…

General category MIXED_USE

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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