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For-Sale Retail Investment
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Pending

26324 Lorain Rd, North Olmsted, OH 44070

For-sale retail asset with a stated 4.75% cap rate.

Property Size2,332 SF
Days on Market113

Property Features for 26324 Lorain Rd

General Information

Standard status Pending
Size 2,332 SF
Property subtype Retail

Additional Details

Cap Rate 4.75%
Listing Agency: Marcus & Millichap - Columbus
Listed By: Craig Fuller · License #OH 2008001551
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 31 at 12:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Columbus

Investment Insights

Based on property information with market context.

This offering is for a retail property listed for sale, with a stated 4.75% cap rate. The listing also notes total building area of 2,332 SF.

The property is located at 26324 Lorain Rd in North Olmsted, OH 44070.

Additional details on the specific retail configuration, improvements, or current occupancy are not provided in the available remarks.

Key Highlights

  • For‑sale retail asset with a stated 4.75% cap rate
  • Retail property totals 2,332 SF
  • Presented as a retail investment opportunity with 4.75% CAP

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,022
Businesses Nearby

Demographics for 44070, OH

32,442
Population
13,953
Households
2.3
Avg Household Size
44
Median Age
33%
College-Educated
95%
High-School Grad
11.7 sq mi
ZIP Area
2,773
Density / Sq Mi
$85,435
Median Household Income
$49,900
Median Earnings
$1,092
Median Rent
$202,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - For-sale retail asset with a stated 4.75% cap rate.
Where is this retail space located?
The property is located at 26324 Lorain Rd North Olmsted, OH.
What are key features of this property?
This property features: For‑sale retail asset with a stated 4.75% cap rate; Retail property totals 2,332 SF; Presented as a retail investment opportunity with 4.75% CAP
(216) 264-2000 Call to check price and availability
More about this property
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