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    16100 Lorain Ave Cleveland, OH 44111

    For Sale
    $2,650,000

    28,794 SF former auto dealership on 2.46 AC.

    Property size:
    28,794 SF
    Lot size:
    2.54 Acres

    Property Features for 16100 Lorain Ave

    General Information

    Size
    28,794 SF
    Lot size
    2.54 Acres

    Source: CBRE | Cleveland Agent Joseph Khouri

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

    Overview

    Former Auto Dealership on Lorain

    The property features a ±28,794 square foot former auto dealership, previously Ganley Ford West, situated on a ±2.46-acre lot. Additional land opportunities are available. The site offers redevelopment or leasing potential for various businesses. It has approximately 260 feet of frontage on Lorain Avenue and is zoned for Local Retail District. The location is an 8-minute drive from Cleveland Hopkins International Airport and a 15-minute drive from downtown Cleveland. Within a 1-mile radius is the Cleveland Clinic Fairview Hospital, a 488-bed community hospital with a Level II Trauma Center. The hospital reported $2.475 billion in revenue in 2024 and has achieved Magnet status. Traffic counts along Lorain Avenue are 13,954 vehicles per day, with nearby access to Rocky River Drive (15,881 VPD) and W 150th Street (29,679 VPD). The population within a 3-mile radius is 136,226, with an equivalent daytime population.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ganley Ford West, ... Auto Repair Shop Ken Ganley Ford ... Auto Parts Store Ganley Ford West, ... Auto Parts Store

    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

    Cheap Auto Tint / The Tint Shop, authentic world enterprise, Brooklyn Truck and Towing Service, Magic Touch Auto Repair Llc, FLAT TIRE AUTO SERVICE

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.8111993
    Latitude
    41.4516078

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    FAQs

    What type of property is this?
    Auto shop - 28,794 SF former auto dealership on 2.46 AC.
    Where is this auto shop located?
    The property is located at 16100 Lorain Ave Cleveland, OH.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: - Excellent redevelopment or leasing opportunity in a Local Retail District.; - High traffic counts: 13,954 VPD on Lorain Ave, near Rocky River Dr (15,881 VPD) and W 150th St (29,679 VPD).; - Located within an 8-minute drive from Cleveland Hopkins International Airport and 15 minutes from downtown Cleveland.
    (216) 658-6120
    Request Owner's contact information
    16100 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
    16100 Lorain Ave Cleveland, OH 44111
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