Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    37040 Colorado Ave Avon, OH 44011

    Sponsored
    For Sale
    $399,000

    Updated Avon Office, Strong Tenants, High ROI

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.13-acre office building, located at 37040 Colorado Avenue in the thriving city of Avon, Ohio, presents a compelling investment opportunity. The property boasts a completely remodeled interior, completed in 2017, from the studs up. This extensive renovation included a new HVAC system with updated ductwork, a replacement hot water tank, all new windows, a comprehensive electrical upgrade, and superior insulation achieved through a combination of spray foam and fiberglass. Accessibility features were also enhanced with the installation of a handicap-accessible ramp. Exterior improvements are equally impressive, featuring new siding, gutters, and a chimney replacement completed in 2021. Further enhancing the property's functionality and longevity, a new drainage system was installed in 2023. The building currently benefits from long-term tenants, ensuring a stable and predictable income stream. This property's combination of recent upgrades, desirable location in the heart of Avon, and established tenancy makes it an ideal investment for discerning buyers seeking a high return on investment in a prime commercial location. The asking price is $399,000. The square footage is not currently available.

    Property Features for 37040 Colorado Ave

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    5,663 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    26Made Video Editing Service Bremke Law, LLC Attorney Downs Legal Services, ... Criminal Justice Attorney Preferred Care at Home ... Home Health Care Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Avon
    County
    Lorain
    State
    Ohio
    Longitude
    -82.03533
    Latitude
    41.45222

    Nearby Comparable

    • $450,000
      1,746 SF

      Avon Creative Office Building

      Profitable Avon Office, 100% Occupancy
      37040 Colorado Ave, Avon, OH 44011
      View Details
    • $1,250,000
      0.39 Acres

      Historic Avon Restaurant/Bar Opportunity

      Established restaurant/bar location with long-term tenant in place.
      36816 Detroit Rd, Avon, OH 44011
      View Details
    • Contact for pricing

      Avon Land on Center Road

      Land in rapidly expanding Avon suburb with access to amenities.
      2225 Center Rd, Avon, OH 44011
      View Details
    • $1,747,000
      7,082 SF

      Avon Office Condos: High ROI

      Two-building office complex, 8.15% cap rate.
      36901 American Way, Avon, OH 44011
      View Details
    • $1,668,000

      Profitable Investment Opportunity in Avon

      Two adjacent condos leased to Buckeye Bank and R.A.B. Financial.
      36901 American Way, Avon, OH 44011
      View Details
    • $475,000
      2,836 SF

      Avon Pointe Medical Office Condo

      Prime Avon, OH medical office space.
      36855 American Way, Avon, OH 44011
      View Details
    • $475,000
      2,836 SF

      Medical/Professional Office Space Available

      Located in a fast-growing trade area with high visibility.
      36855 American Way, Avon, OH 44011
      View Details
    • Contact for pricing
      3.00 Acres

      Avon Commercial Land: 3 Acres

      Prime Avon location, I-90 visibility, development ready.
      38296 Colorado Ave, Avon, OH 44011
      View Details
    • Contact for pricing
      18,000 SF

      Retail Space in Avon Commons

      Retail property with high visibility and large available space.
      35830 Detroit Rd, Avon, OH 44011
      View Details
    • Contact for pricing

      27 Acres Zoned Industrial/Commercial

      27 acres in Avon, OH, ideal for industrial/commercial uses.
      Nagel Rd & Health Campus Blvd, Avon, OH
      View Details

    Nearby Similar for Sale

    • $1,250,000
      0.39 Acres

      Historic Avon Restaurant/Bar Opportunity

      Established restaurant/bar location with long-term tenant in place.
      36816 Detroit Rd, Avon, OH 44011
      View Details
    • $1,668,000

      Profitable Investment Opportunity in Avon

      Two adjacent condos leased to Buckeye Bank and R.A.B. Financial.
      36901 American Way, Avon, OH 44011
      View Details
    • $2,500,000
      11,472 SF

      Avon, Ohio NNN Investment Property

      Single-tenant NNN investment leased to Childtime Learning Center.
      941 Center Rd, Avon, OH 44011
      View Details
    • $995,000
      5,040 SF

      Industrial Building on 5 Acres

      5,040 SF industrial building with fenced parking and acreage.
      34550 Chester Rd, Avon, OH 44011
      View Details
    • Contact for pricing
      18,000 SF

      Retail Space in Avon Commons

      Retail property with high visibility and large available space.
      35830 Detroit Rd, Avon, OH 44011
      View Details
    • $475,000
      2,836 SF

      Medical/Professional Office Space Available

      Located in a fast-growing trade area with high visibility.
      36855 American Way, Avon, OH 44011
      View Details
    • $19,840,000
      59,602 SF

      Avon Retail Property For Sale

      Retail property available for sale in Avon, Ohio.
      35351 Chester Rd, Avon, OH 44011
      View Details
    • $1,747,000
      7,082 SF

      Avon Office Condos: High ROI

      Two-building office complex, 8.15% cap rate.
      36901 American Way, Avon, OH 44011
      View Details
    • $450,000
      1,746 SF

      Avon Creative Office Building

      Profitable Avon Office, 100% Occupancy
      37040 Colorado Ave, Avon, OH 44011
      View Details
    • $19,840,000
      60,000 SF

      Avon, OH Dick's Sporting Goods Investment

      60,000 SF Retail Investment Opportunity
      35521 Chester Rd, Avon, OH 44011
      View Details
    • $475,000
      2,836 SF

      Avon Pointe Medical Office Condo

      Prime Avon, OH medical office space.
      36855 American Way, Avon, OH 44011
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Updated Avon Office, Strong Tenants, High ROI
    Where is this office property / space located?
    The property is located at 37040 Colorado Ave Avon, OH.
    What is the asking price?
    The asking price for this property is $399,000.
    (440) 212-7711
    Request Owner's contact information
    37040 Colorado Ave Avon, OH 44011
    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.
    37040 Colorado Ave
    Avon, OH 44011
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    37040 Colorado Ave Avon, OH 44011
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.