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    13931-13939 Lorain Ave Cleveland, OH 44102

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    For Sale
    $349,000

    Development opportunity in high-traffic Cleveland location near public transit.

    Lot size:
    0.41 Acres

    Property Features for 13931-13939 Lorain Ave

    General Information

    Lot size
    0.41 Acres

    Source: Howard Hanna | Hudson Office Agent Manar Elkurd

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

    Overview

    Cleveland Land Parcel on Lorain

    Located in Cleveland on Lorain Avenue near West 139th Street, this property consists of three parcels of land, offering a development opportunity in a visible, high-traffic area. Approximately 13,000 vehicles pass by the location daily. The property, spanning approximately 0.41 acres, is situated just off the signaled intersection of Lorain Avenue and West 140th Street. The location is suitable for retail or multi-family projects. The surrounding area is densely populated, with approximately 300,000 people residing within a five-mile radius. The RTA West Park Rapid Station Park & Ride is located half a mile away, providing public transportation access. The site is surrounded by major retailers.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.789422
    Latitude
    41.4550119

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    FAQs

    What type of property is this?
    Land - Development opportunity in high-traffic Cleveland location near public transit.
    Where is this land located?
    The property is located at 13931-13939 Lorain Ave Cleveland, OH.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - High-visibility location on Lorain Avenue with approximately 13,000 vehicles passing daily.; - Development opportunity suitable for retail or multi-family projects.; - Located in a densely populated area with approximately 300,000 residents within a five-mile radius.
    (330) 807-8423
    Request Owner's contact information
    13931-13939 Lorain Ave Cleveland, OH 44102
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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
    13931-13939 Lorain Ave Cleveland, OH 44102
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