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    15200 Lorain Ave Cleveland, OH 44111

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    For Sale
    Contact for pricing

    34,250 SF redevelopment opportunity in Cleveland's Kamm's Corners District.

    Property size:
    34,250 SF

    Property Features for 15200 Lorain Ave

    General Information

    Size
    34,250 SF

    Building Details

    Year built
    1963

    Source: Nichole Booker, PhD Agent Nichole Booker, PhD

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kamm's Corners Redevelopment Opportunity

    Located in Cleveland's Kamm's Corners District on Lorain Ave, this 34,250 SF property presents a redevelopment opportunity suitable for retail or mixed-use conversion. The building, renovated in 2018, is zoned for Local Retail Business District (LR-C2) and Pedestrian Retail Overlay (PRO). The former auto dealership includes approximately 55,000 sf of paved parking. The building features 3-phase/480 amp power, nine drive-in doors ranging from 8 to 14 feet, and a 14-foot clear height in the warehouse area. The property contains 3,975 SF of office and showroom space, along with an additional 2,233 SF of second-floor office space; the remaining square footage is warehouse space. With a flexible layout and existing infrastructure, this property is located one mile (3 min) from I-77 and experiences 14,000 vehicles per day on Lorain Rd.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lakewood Acceptance Corporation Loan Agency Byrider Cleveland Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    U-Haul Neighborhood Dealer, U-Haul Neighborhood Dealer, CLE Auto Rental

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8033984
    Latitude
    41.4530783

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    FAQs

    What type of property is this?
    Parking lot & garage - 34,250 SF redevelopment opportunity in Cleveland's Kamm's Corners District.
    Where is this parking lot & garage located?
    The property is located at 15200 Lorain Ave Cleveland, OH.
    What are key features of this property?
    This property features: - 34,250 SF redevelopment opportunity in Cleveland's Kamm's Corners District.; - Located just 1 mile (3 min) from I-77.; - Zoned for Local Retail Business District (LR-C2) and Pedestrian Retail Overlay (PRO).
    (330) 475-5500
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    15200 Lorain Ave Cleveland, OH 44111
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    Cleveland, OH 44111
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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
    15200 Lorain Ave Cleveland, OH 44111
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