Financial
Distress signals
Property profile

541 Cleveland St Elyria, OH 44035

OFF-MARKET
Retail space
Property ID
US66-1327227
400 SF 0.29 ac lot Built 1951
Last sale Mar 2025 · $95,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This Elyria, OH property presents a unique investment opportunity encompassing two buildings on a 0.29-acre lot at 541 Cleveland Street. The main structure is a retail space, perfectly situated for a storefront business or office, benefiting from significant foot and vehicle traffic. Its prime location ensures excellent street visibility, maximizing exposure for any commercial venture. The second building is a residential house, offering potential for rental income or owner-occupied use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$45k
Assessed land$18k
Assessed improvement$28k
Effective rate7.27%

Value estimate

· Sep 2026
$270k
$243k – $297k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$62/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$38 – $99

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLORAIN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.6
Law Firm21.7
Skin Care Clinic13.3

Location

541 Cleveland St Elyria, OH 44035-4056
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10465 Lagrange, Elyria, OH 44035-7701 $44,000 Jul 2025 280 SF
426 Cleveland, Elyria, OH 44035-6144 $55,000 Apr 2025 1,150 SF
38670 Butternut Rdg, Elyria, OH 44035-8438 $230,000 Feb 2025 1,360 SF
42985 Rdg, Elyria, OH 44035-1052 $250,000 Sep 2024 1,421 SF
143 Rdg, Elyria, OH 44035-5242 $60,000 May 2024 576 SF
402 Cleveland, Elyria, OH 44035 $180,000 Sep 2023 914 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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