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    23672 Lorain Rd North Olmsted, OH 44070

    Sponsored
    For Sale
    $300,000

    COMMERCIAL - North Olmsted, OH

    Lot size:
    0.69 Acres
    Days on Market:
    16
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 23672 Lorain Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    231-29-009
    Lot size
    0.69 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1930

    EXP Realty (866) 212-4991 [email protected]

    Listing agent Michael A Henry (216) 973-1402 License #2014003328

    Listing date Dec 26, 2025

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Building with Renovated Office

    This industrial building in North Olmsted, Ohio, offers a suitable space for businesses requiring both office and garage facilities. The property includes a newly renovated office area. The garage is equipped with a 12 ft overhead door and a newer Reznor heating unit. The lot size is 0.6936 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Balanced Air Heating ... Hvac Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Olmsted
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.883932
    Latitude
    41.432631

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    FAQs

    What type of property is this?
    Industrial property - Industrial building featuring renovated office space and garage.
    Where is this industrial property located?
    The property is located at 23672 Lorain Rd North Olmsted, OH.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Renovated office space provides a modern and functional work environment.; - 12 ft overhead door allows for easy access.; - Newer Reznor heating unit in the garage ensures a comfortable working temperature.
    (216) 973-1402
    Request Owner's contact information
    23672 Lorain Rd North Olmsted, OH 44070
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23672 Lorain Rd North Olmsted, OH 44070
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