Financial
Distress signals
Property profile

4004 Erie Ave 2 Lorain, OH 44053

OFF-MARKET
Apartment buildings
Property ID
US66-1227625
4,400 SF 0.59 ac lot Built 1968
Last sale Mar 2022 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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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?
$11k
Tax billed · 2023
Assessed value$144k
Assessed land$16k
Assessed improvement$128k
Effective rate7.86%

Value estimate

· Sep 2026
$335k
$302k – $369k
AI approach$345k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$213/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$49 – $335

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.2
Tailor Shop9.0
Bakery8.9

Location

4004 Erie Ave, Unit 2 Lorain, OH 44053-1343
County assessor Recorded deeds · 3 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5510 Beavercrest, Lorain, OH 44053-1737 $600,000 May 2023 5,208 SF
3002 Fulmer, Lorain, OH 44053-1581 $2,305,000 Dec 2022 4,248 SF
2848 Erie, Lorain, OH 44053-1256 $429,000 Jul 2022 4,720 SF
4008 Erie, Lorain, OH 44053-1344 $1,425,000 Nov 2021 3,680 SF
2606 Erie, Lorain, OH 44053-1071 $2,294,577 Jul 2021 4,004 SF
3861 Erie, Lorain, OH 44053-1262 $385,000 May 2021 3,796 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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