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    5363 Oberlin Ave Lorain, OH 44053

    For Sale
    $98,900

    SINGLE_FAMILY - Lorain, OH

    Type:Office
    Lot size:
    0.20 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 5363 Oberlin Ave

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Basement
    APN
    02-01-008-101-248
    Parking
    12
    Parking features
    Parking Lot, Driveway
    Lot size
    0.20 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Wall Unit(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    1
    Roof type
    Asphalt, Fiberglass

    Russell Real Estate Services (440) 268-9491 [email protected]

    Listing agent Andrea Neal (440) 315-0686 License #2004002356

    Listing date Nov 18, 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

    Freestanding Building with Office Spaces

    This freestanding building, situated in a growing area, features two office spaces on the first floor, sized 11 x 10.5 and 11 x 14 respectively. The welcoming open floor plan foyer entrance, measuring 20 x 11.5, is suitable as a reception area, waiting room, retail space, or additional office space. A storage room and private restroom are also located on the first floor. The lower level provides additional office space and storage. The property includes a private on-site parking lot at the rear with 12 parking spaces, as well as a shed for additional storage. A front post sign is available for company branding. The location offers easy accessibility to major highways. The property features professional landscaping and exterior lighting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    John Hoover Financial Institution

    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
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.185219
    Latitude
    41.41935

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    FAQs

    What type of property is this?
    Office building - Freestanding building with two office spaces and parking lot.
    Where is this office building located?
    The property is located at 5363 Oberlin Ave Lorain, OH.
    What is the asking price?
    The asking price for this property is $98,900.
    What are key features of this property?
    This property features: - Prime location in a growing area with easy access to major highways.; - Private on-site parking lot with 12 spaces.; - Freestanding building with two office spaces on the first floor and additional office space in the lower level.
    (440) 315-0686
    Request Owner's contact information
    5363 Oberlin Ave Lorain, OH 44053
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    Lorain, OH 44053
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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
    5363 Oberlin Ave Lorain, OH 44053
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