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Property profile & analytics
OFF-MARKET
Land

25056 Lorain Rd North Olmsted, OH 44070

0.44 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the thriving North Olmsted, Ohio market. The 0.44-acre lot houses a well-established, 2,307 square foot Laser Wash car wash facility, built in 2006. The business boasts two automatic bays equipped with solidly maintained, touchless M5 technology. This turnkey operation offers a significant advantage for a prospective buyer, as the current owner/operator, who has been in business since its inception, is selling. The car wash enjoys a prime location on Lorain Road, benefiting from high visibility and convenient access near the Great Northern Mall and surrounding plazas. Historical data indicates steady and increasing annual revenue, making this a compelling investment with strong potential for continued growth. The asking price for this exceptional property and established business is $1,950,000. This is a rare opportunity to acquire a profitable, established business with a proven track record in a desirable location. The property's strategic placement ensures consistent customer traffic and a strong return on investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 0.44 ac (19,166 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • North Olmsted Laser Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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