Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4452 Clifton Ave Lorain, OH 44055

    View on Map
    Sponsored
    Picture of Residential land & home lots at Clifton Ave 4452, Lorain, OH
    For Sale
    Contact for pricing

    LAND - Lorain, OH

    Lot size:
    0.23 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 15 at 7:06 am

    Property Features for 4452 Clifton Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    03-00-108-111-044
    Parking features
    On Street
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Steven Lawson

    Russell Real Estate Services (440) 268-9491

    Listing agent Steven Lawson (440) 320-9888 License #2020000096

    Listing date Mar 13, 2026

    MLS# 5193136 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Residential Lot in Lorain, OH

    This nearly 1/4-acre flat residential lot is located at 4452 Clifton Ave in Lorain, Ohio. Situated in Sheffield Township within the Clearview School District, the property offers a setting suitable for residential construction. Electric, gas, public water, and sewer services are available at the street. The location provides convenient access to major highways, shopping, dining, and everyday amenities. The property is located in Lorain, OH 44055, in Lorain County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.1575
    Latitude
    41.428781

    Nearby Similar for Sale

    • $349,900
      5,400 SF

      Turnkey Medical Office, Lorain, OH

      5,400 sq ft commercial building on 1.2-acre lot.
      4520 Oberlin Ave, Lorain, OH 44053
      View Details
    • $799,900
      6.00 Acres

      Retail Building on Six Acres

      Well-maintained retail building with expansion potential on six acres.
      420 N Ridge Rd W, Lorain, OH 44053
      View Details
    • $475,000
      0.48 Acres

      Lorain Office Building For Sale

      Office building in Lorain, previously used as a doctor's office.
      1670 Cooper Foster Park Rd W, Lorain, OH 44053
      View Details
    • $83,900
      0.20 Acres

      Commercial Property in High-Traffic Area

      Well-maintained commercial property with high visibility and convenient parking.
      5363 Oberlin Ave, Lorain, OH 44053
      View Details
    • $399,900
      0.14 Acres

      Turnkey Bar and Restaurant Opportunity

      Successful bar/restaurant, real estate, and rental home for sale.
      900 Broadway, Lorain, OH 44052
      View Details
    • $140,000
      0.15 Acres

      Lorain Mixed-Use Landmark Building

      Mixed-use building with retail and residential income potential.
      1605 Broadway, Lorain, OH 44052
      View Details
    • $249,900
      3,804 SF

      Lorain Multifamily Investment Opportunity

      Multifamily property with long-term tenants and below-market rents.
      1310 Lindenwood Dr, Lorain, OH 44053
      View Details
    • $230,000
      2,224 SF

      Renovated Brick Duplex in Lorain

      Updated duplex with new systems, modern finishes, and rental potential.
      2400 Oberlin Ave, Lorain, OH 44052
      View Details
    • $105,000
      2,511 SF

      Lorain Multifamily Investment Opportunity

      Multifamily property with long-term tenants in a quiet location.
      510 E 25Th St, Lorain, OH 44055
      View Details
    • $40,000
      0.17 Acres

      Lorain Duplex Awaiting Renovation

      Spacious duplex near schools and downtown, ready for finishing touches.
      545 W 14Th St, Lorain, OH 44052
      View Details
    • $192,600
      Pending

      Well-Maintained Duplex in Lorain, OH

      3-bedroom side-by-side duplex near Lake Erie, parks, schools.
      502-504 Euclid Ave, Lorain, OH 44052
      View Details
    • $475,000

      Office Building For Sale

      Office building with suites, suitable for various professional uses.
      1670 Cooper Foster Park Rd W, Lorain, OH 44053
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Nearly 1/4-acre residential lot ready for your dream home.
    Where is this residential land & home lot located?
    The property is located at 4452 Clifton Ave Lorain, OH.
    What is the asking price?
    The asking price for this property is $11,990.
    What are key features of this property?
    This property features: - Flat, nearly 1/4-acre residential lot ideal for building your dream home.; - Utilities available at the street: electric, gas, public water, and sewer connections.; - Located in Sheffield Township, Clearview School District.
    (440) 320-9888
    Request Owner's contact information
    4452 Clifton Ave Lorain, OH 44055
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4452 Clifton Ave
    Lorain, OH 44055
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    4452 Clifton Ave Lorain, OH 44055
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Steven Lawson
    Real Estate License ID: 2020000096
    (440) 320-9888 (440) 327-6511
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!