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    8023 Crile Rd Painesville, OH 44077

    • Strip malls
    • 60,053 SF
    • 9.48 lot acres
    For Lease
    View listing
    Value Estimation
    $950,000
    Location Intelligence
    Property ID
    US66-0633726
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Carol Nagel Realtors / Real Estate Agency
    • Discount Drug Mart / Home Health Care Service / Medical Supply Store
    • Discount Drug Mart Deli / Deli
    • Western Union / Money Transfer Service

    Property Details for 8023 Crile Rd

    Year built
    1971
    Construction
    WOOD
    Lot size
    9.48 lot acres
    Property size
    60,053 SF
    Zone code
    M
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    08-A-020-0-00-009-0
    APU
    08A0200000090

    Description

    This exceptional retail warehouse property, located at 8023 Crile Rd in Painesville, Ohio, offers a total of 12,205 square feet of space currently available for lease. The property is comprised of two suites, providing flexibility for various business needs. Individual suites range in size from a minimum of 1,620 square feet to a maximum contiguous space of 10,585 square feet, making it suitable for a variety of tenants. The entire 12,205 square feet is currently vacant, presenting a unique opportunity for a single large tenant or the potential for two separate occupants. Ample parking is provided with 69 spaces available for customers and employees. The property is conveniently located in Lake County, Ohio, with easy access to major transportation routes (specific details not provided). This versatile space is ideal for businesses requiring both retail storefront and warehouse storage capabilities. The property's zoning classification is not specified, but the existing use as a retail warehouse suggests suitability for similar businesses. The property is situated at 41.6531237 latitude and -81.2388896 longitude, in the 44077 zip code. This prime location offers excellent visibility and accessibility for customers. Contact us today to learn more about leasing opportunities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Concord Township
    County
    Lake
    State
    Ohio
    Longitude
    -81.2381
    Latitude
    41.6531
    CBSA code
    17460
    CBSA name
    CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $82,606
    $49,740
    $552,320
    $602,060
    -
    $142,110
    $1,578,060
    $1,720,170

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    • Value Estimation
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      11,998 SF

      47 Walnut Ave

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      Restaurant Space in Retail Node

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    Painesville, OH 44077
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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
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