Retail Space with Office
For Sale
Contact for pricing
33680 Walker Rd, Avon Lake, OH 44012
Commercial property combining retail and office functionality in Avon Lake.
Property Size4,000 SF
Price / SF$150
Days on Market393
Property Features for 33680 Walker Rd
General Information
Standard status
Active
Size
4,000 SF
Property subtype
RETAIL
Listing Agency:
JLL | Cleveland
(216) 861-7171
Listed By:
Heather Gilleland · License #SAL.2018003371
(216) 937-4379
Source:
Moodyscre
Added: Sep 18, 2025
Changed: Oct 10
Last Checked: Oct 15 at 1:25AM
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 JLL | Cleveland
Investment Insights
Based on property information with market context.
This 4,000-square-foot commercial property is configured for retail and office use. The asset is offered for sale in Avon Lake, Ohio, providing a flexible format for users seeking a combined customer-facing and administrative setting.
Key Highlights
- 4,000 square feet of commercial space
- Retail and office configuration
- For‑sale opportunity in Avon Lake, OH
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,490
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,800
$1.0M
Cap Rate 7%
$721,286
$721.3K
Cap Rate 9%
$561,000
$561.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$79.2K $19.80/SF
− Vacancy
−$11.9K −$2.97/SF
EGI
$67.3K $16.83/SF
− OpEx
−$16.8K −$4.21/SF
NOI
$50.5K $12.62/SF
Area
Lorain County, OH
Vacancy
15.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,800
Cap Rate 7%
$721,286
Cap Rate 9%
$561,000
Alternative Uses
Best Use
Office B
$721.3K
$631.1K – $841.5K
NOI $50,490 @ 7.0% cap · market cap 8.42%
Second Best
Retail
$574.8K
$503.0K – $670.6K
NOI $40,236 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$1.01M
$882.0K – $1.18M
NOI $70,560 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 44012, OH
25,206
Population
10,884
Households
2.3
Avg Household Size
45
Median Age
54%
College-Educated
98%
High-School Grad
11.1 sq mi
ZIP Area
2,271
Density / Sq Mi
$110,174
Median Household Income
$63,289
Median Earnings
$1,500
Median Rent
$337,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Commercial property combining retail and office functionality in Avon Lake.
Where is this retail space located?
The property is located at 33680 Walker Rd Avon Lake, OH.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 4,000 square feet of commercial space; Retail and office configuration; For‑sale opportunity in Avon Lake, OH
