Automotive Service Facility on
22101 Lorain Road Fairview Park, OH 44126
22101 Lorain Road, Fairview Park, OH, 44126
Contact for pricing
For Sale
Contact for pricing
Automotive repair building with five service bays, customer reception, office space, and ample parking on a corner lot.
Property Size2,203 SF
Lot Size0.30 Acres
Price / SF$270.09
Days on Market52
Property Features for 22101 Lorain Road
General Information
- Standard status
- Active
- Size
- 2,203 SF
- Lot size
- 0.30 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1949
Listing agency
Trinity Commercial Realty
(216) 402-8000
Listed by
Gary Pescatrice · License #OH 0000241394
Source
Crexi
Added: Jun 1 Updated: Jul 21 at 6:37PM Checked: Jul 21 at 6:37PM
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 Trinity Commercial Realty
Investment Insights
Based on property information with market context.
This automotive service facility is offered for sale on a highly visible corner parcel at the intersection of Lorain Road and West 221st Street. The 2,203 SF building is currently configured as a full-service repair operation with five service bays, a customer reception area, and office space.
The property sits on approximately 0.30 acres and includes ample on-site parking. Its General Business zoning allows for a variety of commercial uses, supporting both owner-user and investment acquisition. Corner placement provides street visibility along Lorain Road.
As an established automotive use, the site offers a practical layout for service-focused operations, with dedicated bay capacity and front-of-house customer space alongside office accommodations.
The property sits on approximately 0.30 acres and includes ample on-site parking. Its General Business zoning allows for a variety of commercial uses, supporting both owner-user and investment acquisition. Corner placement provides street visibility along Lorain Road.
As an established automotive use, the site offers a practical layout for service-focused operations, with dedicated bay capacity and front-of-house customer space alongside office accommodations.
Key Highlights
- 2,203 SF automotive service building with five service bays, customer reception area, and office space
- Approximately 0.30‑acre (13,034 SF) corner lot at Lorain Road and West 221st Street
- General Business zoning allowing a variety of commercial uses
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.0k | $15.00 |
| − Vacancy | −$3.0k | −$1.35 |
| EGI | $30.1k | $13.65 |
| − OpEx | −$9.0k | −$4.10 |
| NOI | $21.0k | $9.56 |
2,203 SF · lease $15.00/SF/yr · vacancy 9.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.45M
$1.27M – $1.70M
NOI $101,755 @ 7.0% cap · market cap 17.10%
Second Best
Retail
$300.7K
$263.1K – $350.8K
NOI $21,050 @ 7.0% cap · market cap 3.54%
Theoretical Best
Warehouse
$1.77M
$1.54M – $2.06M
NOI $123,560 @ 7.0% cap · market cap 20.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Roldan's Car Services — 23055 lorain rd, north olmsted, oh 44070
- Premier Auto Service of North Olmsted — 23055 Lorain Rd, North Olmsted, OH 44070
- Midas — 22870 lorain rd, fairview park, oh 44126
- Drellishak's Auto Care — 22690 Lorain Rd, Fairview Park, OH 44126
- Pittstop automotive LLC — 23303 Lorain Rd #328, North Olmsted, OH 44070
FAQs
What type of property is this?
Auto shop - Automotive repair building with five service bays, customer reception, office space, and ample parking on a corner lot.
Where is this auto shop located?
The property is located at 22101 Lorain Road Fairview Park, OH.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 2,203 SF automotive service building with five service bays, customer reception area, and office space; Approximately 0.30‑acre (13,034 SF) corner lot at Lorain Road and West 221st Street; General Business zoning allowing a variety of commercial uses
