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Freestanding Medical Office Building
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24025 Lorain Road, North Olmsted, OH 44070

Unoccupied, single-tenant facility with specialized healthcare improvements already installed.

Property SizeContact for details
Days on Market5

Property Features for 24025 Lorain Road

General Information

Standard status Active
Property subtype Office
Listing Agency: Cushman & Wakefield | CRESCO Real Estate
Listed By: Maureen Anter-Ressler · License #2016003487
Source: Crexi
Added: Sep 8 Changed: Sep 11 Last Checked: Sep 11 at 2:50PM

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 Cushman & Wakefield | CRESCO Real Estate

Investment Insights

Based on property information with market context.

Located at 24025 Lorain Road in North Olmsted, this freestanding medical office property is configured as a single-tenant facility. A specialized healthcare build-out was completed in 2025, with medical infrastructure already installed and high-end finishes throughout. The building has never been occupied, allowing a future user to establish its own presence and branding within the facility.

The property offers on-site expansion capability along with parking, access, and street-facing branding opportunities. Its setting provides proximity to hospitals and healthcare systems, as well as the surrounding population base. The existing configuration is specifically oriented toward medical office use.

Key Highlights

  • Freestanding single‑tenant medical office building
  • Specialized healthcare build‑out completed in 2025
  • Medical infrastructure already installed

Property Analytics

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Current Use

Bakers Square Restaurant ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

526
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • North Olmsted Animal Hospital 23537 Lorain Rd, North Olmsted, OH 44070

Frequently Asked Questions

What type of property is this?
Medical Office Space - Unoccupied, single-tenant facility with specialized healthcare improvements already installed.
Where is this medical office space located?
The property is located at 24025 Lorain Road North Olmsted, OH.
What are key features of this property?
This property features: Freestanding single‑tenant medical office building; Specialized healthcare build‑out completed in 2025; Medical infrastructure already installed
More about this property
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