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    24265 Lorain Rd North Olmsted, OH 44070

    For Sale
    $375,000

    SINGLE_FAMILY - North Olmsted, OH

    Type:Retail
    Lot size:
    0.36 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 24265 Lorain Rd

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    237-04-004
    Lot size
    0.36 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1957

    RE/MAX Omega (330) 225-2880 [email protected]

    Listing agent Rami A Ahmad (216) 402-1777 License #2018004518

    Listing date Nov 14, 2025

    Copyright © 2025 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

    North Olmsted Mixed-Use Opportunity

    This mixed-use property, situated in the heart of North Olmsted, offers significant potential. It includes a 1,400 square foot, 3-bedroom home with one and a half baths, currently generating income. Additionally, there is a 3,089 square foot former auto body shop. Located on a high-traffic road, the 0.36-acre property presents opportunities for business operation or investment portfolio expansion. The property is being sold AS IS.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bert Auto Body Auto Body Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Body Shop, ODS Dent Repair, North Olmsted Chrysler Jeep Dodge RAM, BTA Collision LLC, Galati Foreign Car Service INC

    Location Insight

    • Map
    • Local Demand
    City
    North Olmsted
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.890712
    Latitude
    41.428085

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    FAQs

    What type of property is this?
    Auto shop - Mixed-use property with income-generating home and former auto body.
    Where is this auto shop located?
    The property is located at 24265 Lorain Rd North Olmsted, OH.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - High-traffic location in the heart of North Olmsted.; - Income-generating 1,400 SF 3-bedroom home with 1.5 baths.; - Large 3,089 SF former auto body shop with potential for various uses.
    (216) 402-1777
    Request Owner's contact information
    24265 Lorain Rd North Olmsted, OH 44070
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    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
    24265 Lorain Rd North Olmsted, OH 44070
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