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    8000 Oak Point Rd Lorain, OH 44053

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    For Lease
    Contact for pricing

    2,400 SF end-cap in Lorain, OH near Route 2.

    Property size:
    2,400 SF
    Lot size:
    1.23 Acres

    Property Features for 8000 Oak Point Rd

    General Information

    Size
    2,400 SF
    Lot size
    1.23 Acres

    Source: Passov Real Estate Group Agent Bryant Bitar

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

    Overview

    Retail End-Cap on Oak Point

    This retail space is located in a multi-tenant building anchored by Starbucks on Oak Point Road. The last remaining space available is a 2,400-square-foot end-cap offered in shell condition and available for immediate delivery. The property has 183 feet of frontage on Oak Point Road and is zoned for Commercial Business. It is in close proximity to Highway Route 2. The surrounding area has a population of 72,987 people within a 5-mile radius, with a daytime population of 63,194 in the same area. National retailers and restaurants in the vicinity include Lowes, Target, Panera, Taco Bell, Key Bank, Shell, Mr. Tire Auto Services, Verizon Wireless, Subway, Tan City, Sally Beauty, Great Clips, Anytime Fitness, GNC, and Crumbl Cookies.
    Location Intelligence

    Current Use by Public Records

    Diane E. Meyer, ... Pharmacy Angela Mcguire, RPH Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.241625
    Latitude
    41.414663

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    FAQs

    What type of property is this?
    Strip mall - 2,400 SF end-cap in Lorain, OH near Route 2.
    Where is this strip mall located?
    The property is located at 8000 Oak Point Rd Lorain, OH.
    What are key features of this property?
    This property features: - Starbucks-anchored multi-tenant building.; - Last remaining 2,400 SF **end-cap space**.; - **High visibility** with 183’ of frontage on Oak Point Road.
    (216) 363-6456
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    8000 Oak Point Rd Lorain, OH 44053
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    Lorain, OH 44053
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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
    8000 Oak Point Rd Lorain, OH 44053
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