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    28821 Lorain Rd North Olmsted, OH 44070

    For Lease
    $930 /Mo ($0.75 SF/Yr)

    Commercial Lease, Other - North Olmsted, OH

    Lot size:
    0.34 Acres
    Days on Market:
    96
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 28821 Lorain Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.34 Acres

    Building Details

    Year built
    1912
    Architectural style
    Other

    NextHome, Inc

    Listing agent Kelly Swenk (216) 423-5100 License #2020009010,PersonLicenseNumber

    Listing date Sep 7, 2025

    MLS# 5108165 Listing URL

    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Space on Lorain

    This commercial space offers 1,000 square feet suitable for various business needs. Located on Lorain Road in North Olmsted, Ohio, the property benefits from high visibility and consistent traffic. Its location provides convenient access to shopping centers, restaurants, and major highways. The layout is flexible and open, accommodating professional, medical, or office uses. Large storefront windows provide natural light and display opportunities. The property includes two private offices, a reception area, a storage room, and a private restroom. On-site and nearby parking options are available. Exterior maintenance, including snow plowing and landscaping, is included. The location offers high traffic and strong daily drive-by exposure, with easy access to I-480 and the Great Northern Shopping Center. The space is suitable for medical, professional offices, or specialty shops. The lot size is 0.34 acres. Available now, this property presents an opportunity to establish a business in a thriving area.
    Location Intelligence

    Current Use by Public Records

    River Title Company Title Company

    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.

    Location Insight

    • Map
    • Local Demand
    City
    North Olmsted
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.94052124
    Latitude
    41.40789032

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    FAQs

    What type of property is this?
    Office space - 1,000 SF commercial space on Lorain Road, North Olmsted.
    Where is this office space located?
    The property is located at 28821 Lorain Rd North Olmsted, OH.
    What is the lease rate?
    The lease rate is $0.75 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on high-traffic Lorain Road with excellent visibility and strong daily drive-by exposure.; - Flexible 1,000 sq ft open layout suitable for professional, medical, or office uses.; - Convenient access to I-480 and Great Northern Shopping Center.
    (216) 423-5100
    Request Owner's contact information
    28821 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
    28821 Lorain Rd North Olmsted, OH 44070
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