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    3818 Lorain Ave Cleveland, OH 44113

    For Sale
    $1,499,000

    Convertible office/warehouse space with overhead doors and storage basement.

    Property size:
    15,702 SF
    Lot size:
    1.16 Acres

    Property Features for 3818 Lorain Ave

    General Information

    Size
    15,702 SF
    Lot size
    1.16 Acres

    Source: Green Bridge Real Estate Agent John M. Wagner

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

    Overview

    Office/Warehouse Space for Sale

    This property features office and warehouse space suitable for conversion into lofts and retail spaces. It includes overhead doors that provide access from the back courtyard and alley. The building has a two-story office area at the front, along with commercial shop space. A basement is available and was previously used for storage. The property offers a total size of 15702 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Suburban Press Inc Commercial Printer

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7123765
    Latitude
    41.4808572

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    FAQs

    What type of property is this?
    Office space - Convertible office/warehouse space with overhead doors and storage basement.
    Where is this office space located?
    The property is located at 3818 Lorain Ave Cleveland, OH.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: - Office/warehouse space suitable for conversion to lofts and retail; - Overhead doors providing access from the back courtyard and alley; - Two-story office space in the front
    (216) 469-0030
    Request Owner's contact information
    3818 Lorain Ave Cleveland, OH 44113
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    Cleveland, OH 44113
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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
    3818 Lorain Ave Cleveland, OH 44113
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