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    1111 Meister Rd Lorain, OH 44052

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    For Lease
    Contact for pricing

    Retail spaces available in high-traffic, grocery-anchored shopping center.

    Property size:
    4,000 SF
    Lot size:
    0.61 Acres

    Property Features for 1111 Meister Rd

    General Information

    Size
    4,000 SF
    Lot size
    0.61 Acres

    Source: CBRE | Cleveland Agent Connor Ambrose

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

    Overview

    Retail Space in Grocery Anchored Center

    Multiple small shop spaces are available for lease, including an outparcel opportunity, within a grocery-anchored center. The center is located at the high-profile intersection of Oberlin & Meister. Current tenants include Apples, Rainbow, Rent A Center, Dollar Tree, and McDonald’s. The property benefits from a dense population of 14,177 people within a 1-mile radius and a daytime population of 51,638 people within a 3-mile radius. The location is in close proximity to Lighthouse Village, which is anchored by Walmart, Kohls, and Home Depot.
    Insight Report Location Intelligence

    Current Use by Public Records

    T-Mobile Authorized Retailer Cell Phone Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Lorain Plaza Shopping Center, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.184064
    Latitude
    41.440932

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in high-traffic, grocery-anchored shopping center.
    Where is this shopping center located?
    The property is located at 1111 Meister Rd Lorain, OH.
    What are key features of this property?
    This property features: - Grocery anchored center with established tenants like Apples, Rainbow, Rent A Center, Dollar Tree, and McDonald’s.; - High-profile intersection location at Oberlin & Meister.; - Dense daytime population of 51,638 people within a 3-mile radius.
    (216) 687-1800
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    Lorain, OH 44052
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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
    1111 Meister Rd Lorain, OH 44052
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