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    4805 Leavitt Rd Lorain, OH 44053

    For Lease
    Contact for pricing

    Prime Lorain location, multiple retail spaces.

    Lot size:
    13,103 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity presents three available spaces totaling 2,275 to 6,433 square feet, situated at 4805 N Leavitt Rd in Lorain, Ohio, 44053. The property is located at the southeast corner of Leavitt Road and Nantucket Drive, offering excellent visibility and accessibility. This is a proposed mixed-use development in a high-traffic area with strong neighboring tenants. The surrounding area boasts a robust retail environment, including major national brands such as Walmart, Home Depot, Kohl's, Meijer, Walgreens, Planet Fitness, Aldi, and Tractor Supply Co. The property's multiple tenancy allows for flexibility in lease terms and space configurations, making it ideal for a variety of retail businesses or a combination of shops and office spaces. The property is located in Lorain County, Ohio, and offers a strategic location for businesses seeking to tap into a thriving market. The exact square footage of each individual space is available upon request. This is a rare opportunity to establish a presence in a high-demand retail corridor.

    Property Features for 4805 Leavitt Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,103 SF

    Unit(s) available at that property

    Space
    Pad 2
    Size
    4,395 SF
    Space
    Pad 4
    Size
    2,275 SF
    Space
    Office 1
    Size
    6,433 SF

    HighLights

    • Three retail spaces available, totaling 2,275 to 6,433 square feet.
    • Located at 4805 N Leavitt Rd, Lorain, OH 44053, at the high‑visibility corner of Leavitt Rd and Nantucket Dr.
    • Proposed mixed‑use development in a high‑traffic area with strong national brand neighbors (Walmart, Home Depot, Kohl's, Meijer, Walgreens, Planet Fitness, Aldi, Tractor Supply Co.).
    • Flexible lease terms and space configurations to accommodate various retail uses.
    • Strategic location in a thriving Lorain County market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Verizon 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.

    Location Insight

    • Map
    • Local Demand
    City
    Lorain
    County
    Lorain
    State
    Ohio
    Longitude
    -82.205813300072
    Latitude
    41.426449113116

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    FAQs

    What type of property is this?
    Retail property - Prime Lorain location, multiple retail spaces.
    Where is this retail property located?
    The property is located at 4805 Leavitt Rd Lorain, OH.
    What are key features of this property?
    This property features: Three retail spaces available, totaling 2,275 to 6,433 square feet.; Located at 4805 N Leavitt Rd, Lorain, OH 44053, at the high-visibility corner of Leavitt Rd and Nantucket Dr.; Proposed mixed-use development in a high-traffic area with strong national brand neighbors (Walmart, Home Depot, Kohl's, Meijer, Walgreens, Planet Fitness, Aldi, Tractor Supply Co.).
    Request Owner's contact information
    4805 Leavitt Rd Lorain, OH 44053
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    Lorain, OH 44053
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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
    4805 Leavitt Rd Lorain, OH 44053
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